FKLI gapped down and violated the lower band of upward channel. One of the reason the wide gap appear was due to change month effect. We now look for the support at 1136.5-1135 followed by 1119-1120. While, resistance is at 1143.5-1160.0 (gap left over this morning).
Friday, August 1, 2008
FKLI dropped and violated the lower band of upward channel
FKLI gapped down and violated the lower band of upward channel. One of the reason the wide gap appear was due to change month effect. We now look for the support at 1136.5-1135 followed by 1119-1120. While, resistance is at 1143.5-1160.0 (gap left over this morning).
