Tuesday, August 12, 2008

FKLI hourly losing ground

FKLI hourly losing ground after market failed to hold at 1125.5. It tested the neckline support again at 1117. Looks may target the support at 1108-1106.5 followed by 1106.5-1103.5 (remaining gap left over on end-Jul, 2008). Resistance is at 1133-1132.5