18/2/2019
*FKLI Feb 19*
Previous Close: 1686.5 +2
FKLI closed in flat range on last Friday but US stock market strongly rebound for more than 400pts, FKLI today likely to gap up and test resistance 1st.
Daily chart showed FKLI in a sideway within the range from 1660-1710, traders may look for range trading setup and wait for breakout.
*Classic Support & Resistance*
Resistance: 1706 1729
Support: 1664 1631.5
*Recommend Trading Plan for the day:*
1. Trade in range 1680-1700, wait for breakout.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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