19/2/2019
*FKLI Feb 19*
Previous Close: 1689.5 +3
FKLI closed slightly higher yesterday as tracking strength in foreign index market, but still remain in sideway trend.
Daily chart showed FKLI in a sideway within the range from 1660-1710, technical indicators too in neutral zone, 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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