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Friday, January 13, 2006
3:00 pm - FKLI may be trending sideway from now.
Shorts are covering their position but longs are not buying. This is a FKLI sideway market.
2:49 pm - FKLI - Lot of short covering activities
Due to short covering their short position, FKLI hits higher to 919.
Look for long setup and buy signal at this point.
FKLI hits triple bottom at 912.5/913.0. It has strong support at this triple bottom.
Look for long setup and buy signal at this point.
FKLI hits triple bottom at 912.5/913.0. It has strong support at this triple bottom.
10:15 am - FKLI breaking MA 50 today.
FKLi is trading at the mid of MACD. So I wud wait for the next cross down to short. Pass this one.