12/7/2018
*FKLI Jul 18*
Previous Close: 1684 -2
FKLI recovered from its losses as supported by late buying yesterday, closed with mostly unchanged. US stock market fell more than 200pts on trade war tensions, while foreign fund resulted in net selling yesterday, may limit upside of FKLI.
Daily chart showed FKLI forming a flag pattern, wait for breakout, while hourly chart showed FKLI in sideway.
*Classic Support & Resistance*
Resistance: 1701.5 1730.5
Support: 1668.5 1655
*Recommend Trading Plan for the day:*
1. Trade in range 1665-1695.
*FKLI Margin Requirement*
Intraday MYR 2000
Overnight MYR 4000
Spread MYR 500
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