3/7/2019
*FKLI Jul 19*
Previous Close: 1698.5 +10.5
FKLI marked continuously 12 days of gains and testing 1700 level, waiting KLCI to close above 1700 to trigger more upside.
Hourly chart formed higher highs & lows, more to bullish, but be cautious of potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 1710 1720
Support: 1690 1680
*Recommend Trading Plan for the day*
1. Buy 1700, stop 1697, profit 1703/1706
2. Sell 1694 for technical correction, stop 1697, profit 1691/1688
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
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