21/6/2018
FKLI Jun 18
Previous Close: 1703 -15
FKLI marked 3 straight sessions of sharp losses on non-stop withdrawal of foreign fund and as tracking weakness in global market. US stock market became less volatile yesterday, FKLI today likely retest 1700 psychology support level.
Daily chart showed FKLI close below 1700 to trigger further sell signal, watch out for any technical rebound signal from the support level, as both daily & hourly charts approaching RSI oversold.
Classic Support & Resistance
Resistance: 1731 1742
Support: 1689 1668
Recommend Trading Plan for the day:
1. Look for sell signal if FKLI unable to sustain above 1700 level or buy signal if there is technical rebound signal from oversold.
FKLI Margin Requirement
Intraday MYR 2000
Overnight MYR 4000
Spread MYR 500
Join our channels to find out more!
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link: https://m.facebook.com/investorsdoctoracademy
Created by InvestorsDoctor | Dec 30, 2019