4/10/2018
*FKLI Oct 18*
Previous Close: 1797.5 +6
FKLI rose on yesterday as tracking gains in US & Hong Kong market and as supported by foreign fund buying. US stock market up more than 50pts last night but drop more than 80pts now, FKLI likely to continue move in range.
Hourly chart showed FKLI traded in a tight range 1780.5-1807.5, wait for breakout.
*Classic Support & Resistance*
Resistance: 1807.5 1814.5
Support: 1787 1780.5
*Recommend Trading Plan for the day:*
1. If expect resistance 1802 to hold, sell 1798 or above, stop 1803, profit 1793/1788.
2. If expect support 1787 to hold, buy 1791 or below, stop 1786, profit 1796/1801.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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newbie13
Hi, if FKLI - OCT'18 did not break 1888 until evening later, should continue to hold until tomorrow?
2018-10-04 16:06