24/6/2019
*FKLI Jun 19*
Previous Close: 1676.5 +3
FKLI settled slightly higher on last Friday on the back of more to bullish global sentiment.
4H chart pointed a more to bullish wave as index held above 61.8 Fibo retracement level, may retest 1700-1730 resistance level, but watch out for potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 1687.5 1694.5
Support: 1666 1653
*Recommend Trading Plan for the day*
1. Buy 1682, stop 1679, profit 1685/1688
2. Sell 1673 for technical correction, stop 1676, profit 1670/1667
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
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