2/7/2019
*FKLI Jul 19*
Previous Close: 1688 +10
Dow Jones limited its gains at around 100pts last night, may trigger some profit taking for FKLI.
Hourly chart showed FKLI break out from tight range, more to bullish, may retest 1700 resistance level, but be cautious of potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 1700 1710
Support: 1680 1670
*Recommend Trading Plan for the day*
1. Buy 1690, stop 1687, profit 1693/1696
2. Sell 1686 for technical correction, stop 1689, profit 1683/1680
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
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