Thursday, April 20, 2006

10:42 am - FKLI MACD abt to turn down.

No short selling since it is above 50MA.

10:24 am - There were no long signal on last gap up

MACD cross up but there were no 7 bar line change. So no trade took place.

Although the FKLI gap up to 936 and ran up to 943.

We are seeing some strong resistance at 943/945.