Wednesday, April 07, 2010

Fkli wrap....ready for pullback...





All quiet, toppish outlook but still maintain at lofty lvls. Regional firm but fbm sluggish all day long until a 3p precluding push, TENAGA, YTL extending its winning streak to 12 days. But, fkli pressure built up in late afternoon on DJ futs -20, Europe -0.2%.

Fkli more cautious, turning discount on profit take sell, ends at dwward-bias zone of 40-45. Trading sell remains with a tight buystops at 51. Expect both fbm.fkli to at least re-test 7SMA support lvl.

No comments:

Post a Comment