Thursday, January 17, 2008

5:44 pm - FKLI closed with a beautiful doji !

Can this be a reversal pattern ?


4:21 pm - FKLI on a daily basis is very beautiful and with high volume.

This looks like a bottoming tail and if FKLI cannot break the low of 1429, we may see a resume of uptrend or sideway movement.



10:05 am - FKLI maybe a dead cat bounce !

However, if it breaks higher, we may go long. At this stage, maintain short position.