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FKLI stuck in a triangle for hourly and waiting for break out

Posted by Flora Sawita Labels:

FKLI broke the neckline support, it then hovering and forming a triangle pattern. We still need to watch out closely for a break out in order to have clearer direction. We remained the resistance and support at 1124 and 1106.5-1103.5 level respectively.

Market view: maintain short with buy stop at 1125.

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