29/4/2019
*FKLI Apr 19*
Previous Close: 1636.5 +8
FKLI back to above 1630 as tracking gains in foreign market, despite foreign fund selling in stock market. US stock market rose more than 80pts on last Friday, may support downside of FKLI.
Hourly chart showed FKLI move within previous range, testing for inverted H&S bullish pattern, wait for more breakout signal.
*Classic Support & Resistance*
Resistance: 1650.5 1659.5
Support: 1628 1619.5
*Recommend Trading Plan for the day*
1. Trade in range 1630-1650
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
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