FKLI EOD 30/10/12

FKLI : O - 1674, H - 1677.5, L - 1673, C - 1675.5

Resistance @ 1680 -82 - 92

Support @ 1673 - 70 - 66

TH Heavy Uplift PN17

Which level would you guys be targeting? 

FKLI EOD 29/10/12

FKLI : O - 1671, H - 1678, L - 1669.50, C - 1674.5

Resistance @ 1678 - 80 - 90.5

Support @ 1672 - 70 - 65.5

MKH EOD 25/10/12

MKH has been consolidating for the past 1 month, recently marking up slowly with low volume. 

Next EGM will be on November 8th, pending approval for the bonus rights, of 1:10.

Director bought in some shares @ price 2.31 on 23rd October 2012.

Resistance @ 2.37 - 2.43

Support @ 2.30 

TH Heavy EOD 25/10/12

Can this level 61.5 be broken successfully, as we would be able to notice a double top there.

Resistance @ 61.5 - 65

Support @ 60 - 57 - 54.5

Will the news of PN 17 upliftment be announced anytime soon? I believe all who are long in this counter are anticipating for it to be announced, hopefully soon. However, all we have to do is, wait and act accordingly.

I saw many postings on the market sentiment, that it is very bullish with money all flowing into Asia and that KLCI will be heading to 1700 level. We shall just watch n see what is set to happen next week.

FKLI EOD 25/10/12

FKLI : O - 1671.5, H - 1675.5, L - 1669.5, C - 1674

Resistance @ 1676 - 85

Support @ 1670 - 66 - 61

FKLI EOD 24/10/12

FKLI : O - 1665, H - 1674.5, L - 1664, C - 1672

Resistance @ 1675 - 84

Support @ 1665 - 61 - 51

FKLI EOD 23/10/12

FKLI : O - 1663, H - 1672, L - 1658.5, C - 1659.5

So far, FKLI is still trading within the range of 1650 - 1670. Ding dong up and down within these ranges. 

Good play for swing traders.

Resistance @ 1672 - 80

Support @ 1669 - 62 - 56 - 52

FKLI EOD 22/10/12

FKLI : O - 1658, H - 1665, L - 1654.5, C - 1664

Resistance @ 1665 - 69 - 75 

Support @ 1659 - 53

FKLI EOD 19/10/12

FKLI : O - 1666.5, H - 1669.5, L - 1661, C - 1662

Resistance @ 1670 - 80

Support @ 1660 - 55

FKLI EOD 18/10/12

FKLI : O - 1667, H - 1671, L - 1666, C - 1667.5

Resistance @ 1676 - 79 - 87

Support @ 1665 - 62 - 59                       

OSK EOD 16/10/12

Is this nice? 

R @ 1.46 - 50 

S @ 1.42 - 38

FKLI EOD 17/10/12

FKLI : O - 1658.5 , H - 1666.5, L - 1655, C - 1665.5

It was a nice "LONG" day! Not breaking below its resistance turned support level 54.5, and all the way up to 62 breaking past it and closed @ 65.5, with a favorable higher volume comparing to yesterdays'.

We should be anticipating for a good day tomorrow, let's watch if that would come true not. 

Resistance @ 1669 - 72 - 79

Support @ 1661 - 57 - 52

L & G EOD 16/10/12

Break 0.455 - 495

Support @ 0.42

FKLI EOD 16/10/12

FKLI : O - 1660.5, H - 1661.5, L - 1652, C - 1653

Resistance @ 54.5 - 62 - 68

Support @ 47- 44 

FKLI EOD 15/10/12

FKLI : O - 1645.5, H - 1658, L - 1642.5, C - 1657

Didn't managed to break down 43 level successfully and rebounded back from the lowest which is just 0.5 pts lower from the support @ 43. And closed @ near high @ 57, previous day closing.

Resistance @ 1663 - 70

Support @ 1648 - 40

P/S : Down 54, brk 57, up resistance. (Some figures for reference)

FKLI EOD 12/10/12

FKLI : O - 1656, H - 1659, L - 1647, C - 1653

Still managed to close above 50 and @ previous low.

However, it did break below 50 on Friday as well before the closing. To watch out tomorrow on this level and the strength of it. 

Resistance @ 1655 - 65 - 67

Support @ 1646 - 43 - 38

FKLI EOD 11/10/12

FKLI : O - 1656, H - 1660.50, L - 1653, C - 1657

It is more of a range trading for today. It moved lower at near closing, however did not managed to break below yday's low and closed @ 57, which is somewhere around one of the support level.

The candlestick shown today was a spinning top. Fkli price is still within the positive zone, above all MA's for short and long term still.

Perhaps, we might be looking at range trades for a couple of days? I still stick to 1650-1670, and 1660 to watch out for.

Resistance @ 1668.5 - 74

Support @ 1651 - 43

Break point @ 1656

FKLI EOD 10/10/12

FKLI : O - 1654, H - 1663, L - 1653.5, C - 1661

There were some support noticed this morning, however it was a weak one in my opinion.

As one would be able to see from the chart, it is a mild slope towards up.

In my opinion, 1660 is the level to watch out. It might continue its upwards momentum, if it were to stay above this level intact. 

The range that i would be looking at is within 1650 - 1670. And 1660 would be the deciding level. 

Resistance @ 1663.5 - 70

Support @ 1659.5 - 56 - 50 - 43

Break point - 61

FKLI EOD 9/10/12

FKLI broke past 63/64 region this morning successfully upwards, after ding-dong-ing, not able to break below 1659 level successfully. It went all the way up to resistance level @ 1670 - 68.5 and turned back lower.

It opened @ 1662.5, H - 1670, L - 1657.5, C - 1660.5

What we could see from today's EOD chart is a shooting star, from a hanging man candle pattern yday. Should we be expecting something red tomorrow?

Resistance @ 1668 - 1673.5

Support @ 1655 - 51 - 47

Break point @ 1664

FKLI EOD 8/10/12

FKLI : O - 1663, H - 1665, L - 1651.50, C - 1663.50

It didn't managed to break past 1663.5, break point level, instead it turned the other way round with selling all the way to 1651.50 before it rebounded back higher, just at the support level @ 50.

It however closed @ near its opening price, with a hangman pattern.

Resistance @ 1668.5 - 70 - 78.5

Support @ 1659.5 - 56 - 50

Break point @ 1664 / 63

FKLI EOD 5/10/12

Resistance @ 1670 - 82.

Support @ 1656 - 50.

FKLI EOD 4/10/12

FKLI rallied to form a new high of 1669 with a slightly higher volume than yesterday.

Closed @ 1665.5, not far from the highest point. It is somewhat a surprise to me as it could rally up to almost 20 pts for the day. Ho Liao ah!

Will it still be continuing its rally up tomorrow? Another 10 - 20 pts? Ha ha, i really have no idea. But so far, it still didn't show any reversal sign yet.

Resistance @ 1673

Support @ 1657 - 50 - 44

FKLI EOD 3/10/12

FKLI opened gap up today @ 57.5 and the highest for the day 1659.5, however failed to break past its psychological price of 1660.

As mentioned earlier that the volume wasn't strong enough to support the rally, it was down to 43, before moving up few points at near closing to 1649.50.

Will FKLI be on range trading tomorrow onwards after failing to rally further due to unlimited volume done? 

Today, FBMKLCI was down in the red, closed by a 1.28 points below, due to few plantation counters; SIME & KLK dragging down the index.

Resistance @ 55 - 57.5 - 59.5

Support @ 49 - 44 - 37

BIMB EOD 3/10/12

Level to look at for breakout 3.08, if successful 3.19 would most likely be the next targeted stop.

Support @ 2.97.

FKLI EOD 2/10/12

FKLI remains bullish for the time being, with its current price standing above all its short and long term moving averages.

It has somehow managed to break and stay at the level of 1655, however we have yet to see it breaks past 1657.50 level today, the highest it went up to was 1656 and tested twice for the day.

In my opinion, it is not difficult to touch 1657.5 again however, as i did mentioned in my observation yesterday was its volume. The volume today is still very unconvincing for a strong up move. It is even lower than what we could see yesterday. 

Therefore, for the time being, not to gamble but to watch closely on what is the next step to take. 

Bulls without volume? How long can a bull without strength last during a fight? 

This is the question to ask ourselves. :-)

Support @ 1649 - 37.

FKLI EOD 1/10/12

Hi All, I am back again..

FKLI Spot rebounded from 1630 region and broke out from its breakout level of 1640 this morning just before lunch break. And managed to rally and closed at 1649, which is also the highest of the day. 

Will it be able to rally upwards breaking past its resistance price as well as the historical high region? It is just 7 points behind its historical high, and we FKLI will be setting a new high again soon, if it breaks up successfully.

If we look at the volume done since the past few days, especially the long tail candlestick, which could be seen with the green arrow pointed, before the spike / rally of FKLI, the volume shown at the bottom isn't significantly high to provide it a strong base. The same goes for the next couple of days until today. Volume shown is not interestingly high to signify a strong upward momentum. 

For the time being;

Resistance @ 1655 - 57.5

Support @ 1643 - 33.