-while a bit slow and cautious in early trade, fbm.fkli catches up after 4 pm on Europe gains of 1%. Earlier, regional maintained a strong tone. HS/Kos near +2%.-fkli was thinly traded, extending its bounce….only to stop at critical resistance lvl. Discount to fbm till preclosing stage. fkli jumped 3p during the final stage to finish at the high of 1252.
-Technically, the first bullish sign – above 7SMA since the selldown from 1310. While the battle is not over yet, a chance of a follow through tomorrow should tickle bears’ nerve. Looks like gap-closing event first.
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