14/10/2019
*FKLI Oct 19*
Previous Close: 1558 +7
FKLI closed higher for technical rebound on last Friday, while US stock market up more than 300pts on positive outcome from US-China trade talk, FKLI may gap up and continue to test rebound.
Hourly chart formed a double bottom rebound signal from around 1548 level, which is also RSI bullish divergence, close above 1560 to trigger more upside.
*Classic Support & Resistance*
Resistance: 1570 1580
Support: 1540 1530
*Recommend Trading Plan for the day*
1. Buy 1561, stop 1558, profit 1564/1567/1570
2. Look for sell signal below 1547
*FKLI Margin Requirement*
Overnight MYR 3000
Spread MYR 500
Disclaimer: For idea sharing only, trade at your own risk
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