12/2/2019
*FKLI Feb 19*
Previous Close: 1686.5 +3.5
FKLI reversed its losses and closed slightly higher as supported by late buying. US stock market closed with a small loss last night, FKLI likely to trade in range 1st.
4H chart showed FKLI moved in a tight range around 1660-1710, may choose to trade within the range and wait for breakout.
*Classic Support & Resistance*
Resistance: 1706 1729
Support: 1664 1631.5
*Recommend Trading Plan for the day:*
1. Trade in range 1670-1700, wait for breakout.
*FKLI Margin Requirement*
Overnight MYR 5000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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