7/8/2019
FKLI Aug 19
Previous Close: 1609.5 +6
FKLI reversed earlier losses and close with gains yesterday as tracking rebound in foreign market. US stock market up more than 300pts last night with futures down near 100pts this morning, still slightly higher than FKLI 5pm closing price yesterday.
Hourly chart formed a technical rebound from RSI oversold, close above 1614 to trigger more upside.
Classic Support & Resistance
Resistance: 1625 1636
Support: 1604 1584
Recommend Trading Plan for the day
1. Buy 1614, stop 1611, profit 1617/1620/1623
2. Sell 1604, stop 1607, profit 1601/1598/1595
FKLI Margin Requirement
Overnight MYR 3000
Spread MYR 500
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