Thursday, May 21, 2009

FKLI Trading : minor setback....still long



FKLI dipped below 1030 ....4.51pm onwards after KLCI closed at its intra-day low. A scar but no major damage on the chart yet. Selling are seen mostly profit take related.
Hopefully this is not a prelude to a consolidation phase again, that does not serve breakout strategy well.
Still, any weakness is a good entry buy for those who are sitting at the sidelines.

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