7/6/2018
*FKLI Jun 18*
Previous Close: 1777 +19.5
FKLI marked a strong rebound yesterday to sustain above previous upside gap at around 1770, expect to continue test upside , but be cautious as foreign fund selling. US stock market edged up more than 300pts last night, FKLI likely gap up.
Daily chart successfully close upside gap, potentially test further resistance. Hourly chart formed higher highs & lows while BB expanding upside, but watch out for possible technical correction as RSI approaching overbought.
*Classic Support & Resistance*
Resistance: 1791 1809
Support: 1756 1735
*Recommend Trading Plan for the day:*
1. Buy 1779, stop 1774, profit 1784/1789.
*FKLI Margin Requirement*
Intraday MYR 2000
Overnight MYR 4000
Spread MYR 500
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Created by InvestorsDoctor | Dec 30, 2019