Monday, August 30, 2010

Fkli wrap...sailing for 1450...




Another strong run, extending its bull tone on DJ and regional strength, near +2%. Fbm stays above 1420 with strong support at 1420. Discounting its high of 1428 , on PET GAS one off gains, +30%, fbm stuck at 1420-24 range, the same range as Fkli's Sep after clearing 1420 resistance.

Above 1420 is bullish. Immediate support is raised to 1420 and strong support seen at 1410.



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