Friday, June 04, 2010

Fkli wrap..steady..ready to strike 1300...again




A mixed and very quiet day, in and out of flat line. But like most mkts, fbm.fkli fnished the day off lows thanks to Europe +1% performance after earlier profit sell pressure, capping the week on strong tone after 2-week of sell off previously.

Fkli seen “ready” and “eager” to break 1300 resistance. Immediate support is raised to 1290, with upside target of 1320+ Strong buy signal only if fbm.fkli >1300 otherwise the mkt will move sideways., 1270-1300.




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