article 10 oct 2009, page-5

Hi SuperK, I've made some comments on the following daily chart of FKP:



Basically its still following a consistent uptrend that's been established since July, and most of the technical indicators look positive, however the key things to take note of are:

1. Last week's low may turn out to be a lower low following a shallow low only 1-2 weeks prior
2. There is still the resistance at 82.5 that it has to get through before it can continue to advance along the current channel. Its had 2 cracks at that and failed, so we'll need to watch what happens if/when there's a 3rd attempt subject to comment 1 above.

Hope this helps. Cheers, Sharks.