Fbm very strong all-day and finished above 1230 on last–tick-4- point push. Financials stock, like its global counterpart , surged.
Just like a script but definitely better than expected… “A++” performance. Late cut loss buying noted after fbm closing. Fkli did a breakout chart wise, assuming a new upward trend in progress.
Bull main job is to defend any major pullback tomorrow instead of pushing the mkt further as big gains are likely to entice profits ahead of weekend anyway. Above 1240 this week seems overdone for fkli.
Tomorrow, if we r lucky we see 1230-1240 range, with condition fbm above 1230. otherwise, 1225-1235.
Above 1230 is bull mkt.
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