25/6/2018
*FKLI Jun 18*
Previous Close: 1690 -2.5
FKLI traded within range and closed mostly flat on last Friday, show an indecisive market, wait for more catalysts. US stock market rebounded for more than 100pts, may push up FKLI, but be cautious as foreign fund remains net seller.
Daily chart show RSI in oversold, may trigger some technical rebound in short term, required to breakout from previous day's candle (1708.5 or 1676) to form the signal.
*Classic Support & Resistance*
Resistance: 1701.5 1714 1730.5
Support: 1676 1668 1650
*Recommend Trading Plan for the day:*
1. Look for buy signal if break above 1701.5.
2. Look for sell signal if break below 1676.
*FKLI Margin Requirement*
Intraday MYR 2000
Overnight MYR 4000
Spread MYR 500
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Created by InvestorsDoctor | Dec 30, 2019