23/1/2019
*FKLI Jan 19*
Previous Close: 1699 +8.5
FKLI retest 1700 level yesterday as Msia stock market boosted by last minute buying, wait for confirmation. US stock market reversed its gains with more than 300pts losses, FKLI may gap down and test support.
Hourly chart showed FKLI testing break resistance in a sideway range with RSI approaching overbought, watch out for 1700 level resistance.
*Classic Support & Resistance*
Resistance: 1713 1729
Support: 1684 1664
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1703
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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