Friday, July 18, 2008

5:22 pm - FKLI has a wide range bar !


For the downtrend to persist ! FKLI need a follow thru & selldown on Mon.


10:53 am - FKLI break down and sell down 1104


FKLI is still congesting between 1122 and 1100.

8:59 am - FKLI daily chart is either forming ???

The formation that FKLI is doing in coming days - is either a head and shoulder (bearish) or double bottom (bullish) with a breakout very soon !

Notice if FKLI break above the trading channel, FKLI can test back 1146.