19/4/2019
FKLI Apr 19
Previous Close: 1619 -3
FKLI hit 2019 new low below 1610 level but reversed before closing. US stock market up more than 100pts last night, FKLI may gap up and test rebound.
Daily chart formed a dragonfly doji which is also outside of BB, close above 1621 yesterday high may trigger rebound, also watch out for RSI bullish divergence.
Classic Support & Resistance
Resistance: 1632.5 1640.5
Support: 1610 1600
Recommend Trading Plan for the day
1. Look for sell signal below 1609.5
2. Buy 1622 for technical rebound, stop 1619, profit 1625/1628/1631
FKLI Margin Requirement
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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