FKLI Updates
[KLCI Futures] - Rebound to Trade
InvestorsDoctor
Publish date: Mon, 12 Feb 2018, 08:48 AM
InvestorsDoctor
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Here we update timely info about FKLI
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12/2/2018
FKLI Feb 18
Previous Close: 1816.5 -18
FKLI gapped down on last Friday as pressured by another 4%+ sharp fall in US stock market, but managed to close above 1800 level. US stock market rebounded for some 300+ pts and futures now up more than 100pts, expect FKLI to open high and test close upside gap.
Daily chart show no bullish signal yet but as previous low still holds, there is a potential to test higher high from that level.
Price Level to monitor today:
Resistance : 1834 1840 1846.5
Support : 1805 1786.5
Recommend Trading Plan for the day:
1. Buy 1818, stop 1811, profit 1825.
FKLI Margin Requirement
Intraday MYR 1750
Overnight MYR 3500
Spread MYR 500
Disclaimer: Idea for sharing purpose, trade at your own risk.
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