![](/files/my/blog/img/bl3936_fkli180119.png)
18/1/2019
*FKLI Jan 19*
Previous Close: 1681.5 +9.5
FKLI edged higher yesterday as supported by a rebound in foreign market. US stock market up more than 160pts yesterday, FKLI likely to gap up and test resistance.
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: 1690.5 1703
Support: 1664 1655.5
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1690.5.
2. If expect FKLI to track strength in US market, Buy 1682, stop 1678, profit 1686/1690.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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LionSing
fkli expected to gap up today? will keep a close watch on it
2019-01-18 10:23