26/11/2019
*FKLI Nov 19*
Previous Close: 1586.5 -11.5
FKLI fell more than 10pts to retest below 1590 level yesterday but US stock market up near 200pts, likely to limit downside of FKLI.
Hourly chart testing technical correction, close below 1586 for more downside.
*Classic Support & Resistance*
Resistance: 1600 1620
Support: 1580 1560
*Recommend Trading Plan for the day*
1. Sell 1586, stop 1589, profit 1583/1580
2. Buy 1588, stop 1585, profit 1591/1594
*FKLI Margin Requirement*
Overnight MYR 3000
Spread MYR 500
Disclaimer: For idea sharing only, trade at your own risk
JOIN US to discover more about FUTURES TRADING !!!
YouTube link:
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link:
https://www.facebook.com/investorsdoctoracademy
Whatsapp link:
https://api.whatsapp.com/send?phone=601153537589