13/3/2019
*FKLI Mar 19*
Previous Close: 1659 +12
FKLI edged higher yesterday as tracking strength in foreign market. US stock market down for near 100pts last night, FKLI may test support 1st.
Hourly chart formed a technical rebound from RSI oversold, close above 1680 to trigger more upside.
*Classic Support & Resistance*
Resistance: 1679.5 1690
Support: 1656 1642
*Recommend Trading Plan for the day*
1. Sell 1668, stop 1672, profit 1664/1660.
2. Buy 1675, stop 1671, profit 1679/1683.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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Created by InvestorsDoctor | Dec 30, 2019