Last Done: RM1.71
Investors who are holding the stock should find the stock is having a strong and reliable support level at RM1.64 level. Investors should closely monitor this level and take it as a reference level.
Immediate support is seen at RM1.64 level, followed by RM1.50 and immediate resistance is seen at RM1.90 level, followed by RM2.00 level.
FKLI
Investors will still need to wait patiently for the 1600 level, nothing much that investors can do except to capture on this range trading (1580 – 1600). Investors can take a risk and capture on the range by initiating long position at any level below 1580 with stop loss level being set around 1574 level.
The immediate support is seen at 1580 level, followed by 1575 level (SMA 20) and the immediate resistance is seen at 1600 level, followed by 1610 level.
Heading towards Next Tough Resistance Level – 3500!
Nothing much has changed for this week as the FCPO is challenging the next tough resistance level – 3500 level. Investors should remain to take your partial profit at current level.
The immediate support is seen at 3400 level, followed by 3350 level and immediate resistance is seen at 3500 level, followed by 3550 level.
Disclaimer:
The information herein was obtained or derived from the source that I believed are reliable. No liability can be accepted for any loss that may arise from the use of this report. All opinions and estimates included in this report constitute my judgment as of this date, not an invitation to buy and are subject to change without further notice.
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