FKLI TRADING : 256) downtrend persists
this is trade 256 frm haidojo trading...
today is the last day of fkli-jan...it closed lower at 1560-65...again, pop quiz frm previous trade...
option 2 hits the situation and it sounds like this...
2)retest high ranging frm 1593-1604, but reverses lower than 1573, creating lower-low...
quote frm earlier trade...
and as predicted, it really hit higher back to 1604 before hitting 1573 and moves lower today...this prediction was a few days ago...
so as for fkli-feb, my guess is going to continue down...as covid-19 sets on for record new-high, it will probably pull down stocks market alongside with fkli with it...normally, I dun do fundamental analysis but this one is hard to ignore...
*plan your trade and trade your plan... gud luck*
resistance : 1578
immediate support : 1560
lower support : 1545-1550
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
today is the last day of fkli-jan...it closed lower at 1560-65...again, pop quiz frm previous trade...
option 2 hits the situation and it sounds like this...
2)retest high ranging frm 1593-1604, but reverses lower than 1573, creating lower-low...
quote frm earlier trade...
and as predicted, it really hit higher back to 1604 before hitting 1573 and moves lower today...this prediction was a few days ago...
so as for fkli-feb, my guess is going to continue down...as covid-19 sets on for record new-high, it will probably pull down stocks market alongside with fkli with it...normally, I dun do fundamental analysis but this one is hard to ignore...
*plan your trade and trade your plan... gud luck*
resistance : 1578
immediate support : 1560
lower support : 1545-1550
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
