FKLI1! trade ideas
FKLI - Crucial Support 1767.5FKLI correction come to crucial support level (see left chart arrows), trader please monitor this price level for clues of direction, below 1767.5 will see market continue selling to 1729.5 As higher timeframe suggest on the left side, the market trading in correction phase.
If market rebound from 1767.5, the resistance to be see between 1776.5 to 1774. Price further this range indicate a stronger rebound.
FKLI - Sideway around 1790.5FKLI have not moving our from range 1785 - 1796 since 5 Sep. In the daily chart, this price zone was crucial support at 61.8% of previous impulsive swing. In FBM KLCI chart, price did not breakaway the 61.8% (1794). Expecting FKLI to continue sideway until breakout from the range. While without higher high set up, the entire picture remain bearish.