16/1/2019
*FKLI Jan 19*
Previous Close: 1679 +3.5
FKLI closed slightly higher yesterday as tracking recovery in foreign index market. US stock market rose more than 150pts last night, likely to support FKLI.
Hourly chart showed FKLI remain in sideway range and move in BB channel. technical indicators in neutral, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1703 1713
Support: 1664 1655.5
*Recommend Trading Plan for the day:*
1. Trade in range 1670-1690.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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