FKLI
O - 1609, H - 1612.5, L - 1602.5, C - 1606.5
FKLI is a little more on a tighter range today. It was slightly on the upside in the morning at opening, and drifted all the way down when KLCI opens. However, today's LOW didn't break below yesterday's low of 1596. It is still looking alright for now, closing @ 1606.5, 1 point lower than yesterday's closing.
We shall watch tomorrow's movement for a confirmation, as the last candlestick for today's FKLI is a spinning top. Will it be forming an evening star pattern?
Breakout point @ 1604.
Support @ 1598 - 93.
Resistance @ 1614.
DJIA -66.19pts / -0.52% @ 1111pm.
Looking at Bursa Statistics Chart, it was the retailers who were exiting the market instead. Well, i guess it's pretty wise of them to do so. Not to be greedy instead, taking profit for what they have earned. Not much of a significant signal though, as the net buys from local and foreign funds were quite small.
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