FKLI chart continue to show weakness with the continuation of mark-down stage after re-distribution. Notice a huge Sell-Off bar follow by Up-Thrust pushes the price back to the trend line.

Based on 30-minute FKLI chart, we’ll continue to short with the next Sign of Weakness (Up-Thrust) at resistance level.

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Disclaimer

This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock