*FKLI* Week 17 – 2020

The weekly trend continues to make a higher high. MACDH form 12th bar below zero. Weekly ending at 1370.5. Weekly candle is bearish. Becareful on Dead Cat Bounce. Reversal can only be confirmed if price above 1480.

 





MA9 and MA16 are crossed upwards on 10th April 2020, this week. The signal was confirmed on 13th April 2020, TKM v1.2 had placed Long entry at the open price, 1346. CutLoss at 1320  Trailing stop 1360, while the next profit target at 1420. It hit our profit target 1420 on 20th April 2020. This trade bagged us 148 points with 2 contracts, equivalent to RM7,400! The result page will be updated with this entry.

Order status: Long FKLI April 2020 at 1346, Took profit 1420.

 

FKLI Weekly Chart (Week 17 – 2020)

 

FKLI Daily Chart (Week 17 – 2020)



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