HSI Futures
U.S. stocks rose on Tuesday, boosted by upbeat results from companies including Merck & Co and a rebound in Facebook and other high-growth shares. The Fed's two-day policy meeting began on Tuesday, with the central bank expected to again scale back its monthly bond purchase program. Investors will also be eager to get any guidance on when it might raise interest rates.
Mainland stocks surged in the final hour of trading on Tuesday, with the Shanghai Composite Index climbing one percent over the final hour of trade, leaving the index up 0.8 percent at the close. It also had a knock-on affect on the Hong Kong market, with the HSI gaining more than one percent in the final hour before close. China is due to release its manufacturing PMI data tomorrow when most of global markets will be close for Labour Day Holiday.
Plan A : Above 22322, do nothing
Plan B : Below 22151, do nothing
Plan C : Consider selling if market opens gap up but fails to break above 22322
Plan D : Cut above 22466
Plan E : Consider buying if market corrects and rebounds strongly from near 22151 level
Plan F : Cut below 22106
FKLI
Market was seen holding firm despite selling pressure in small cap counters. FKLI successfully defended its support above 1853 and settled at day's high level.
May month contract
Plan A : Attempt buying around 1853
Plan B : Cut below 1848
Plan C : Consider intraday selling if market fails to break above 1861
Plan D : Cut above 1864
FCPO
FCPO has finally broken out from consolidation and deliberately chose its path to trend down. It closed at low of 2636 yesterday at the eleventh hour.
Plan A : Overnight seller could hold on to position. Resistance is looking at 2651 and target is looking at 2524.
Plan B : Fresh seller could make entrance taking 2651 as resistance. Intraday profit target looking at 2572 and 2592. Seller could opt to hold on position if miss out selling yesterday.
Plan C : Buyer may stay out today.
Plan D : Above 2660, do nothing.
Plan E : Below 2570, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Tuesday, April 29, 2014
Monday, April 28, 2014
29 April 2014
HSI Futures
The S&P 500 ended higher on Monday after a volatile session, as gains in Apple and Pfizer helped offset another round of selling in some high-growth tech shares.
Hong Kong shares finished down 0.4 percent on Monday, with index heavyweight Tencent the biggest drag as investors worried that a clampdown on online video might affect its revenue. Nikkei will be close for Showa Day Holiday today.
May month contract
Plan A : Above 22151, do nothing
Plan B : Below 21870, do nothing
Plan C : Consider buying if market holds firm above 21883 and triggers a buy
Plan D : Cut below 21870
Plan E : Attempt selling only if market opens gap up but fails to break above 22151
Plan F : Cut above 22252
FKLI
FKLI performed fairly well as compared to other regional markets yesterday. Support at 1848 proven to be the immediate defense line for now.
Plan A : Attempt buying if market supported well above 1848
Plan B : Cut below 1842
Plan C : Consider selling if market surge but fails to breach above 1863
Plan D : Cut above 1867
FCPO
FCPO is narrowing its trading range and squeezing a breakout from the market. Market seems to support all the way however, today we might experience some turbulence as soybean oil and Dalian palm olein are trading at their negative zones. There is a possibility of market to move downwards if market could not support at its platform.
Plan A : Overnight buyer may hold on to position unless support at 2651 is broken. Target is looking at 2744.
Plan B : Intraday investor may sell if market come near to 2680's and could not break 2688. Profit target is looking at 2657 and 2636.
Plan C : Intraday buyer might want to try buying if 2651 is supported. Target is looking at 2682.
Plan D : Above 2710, do nothing.
Plan E : Below 2630, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
The S&P 500 ended higher on Monday after a volatile session, as gains in Apple and Pfizer helped offset another round of selling in some high-growth tech shares.
Hong Kong shares finished down 0.4 percent on Monday, with index heavyweight Tencent the biggest drag as investors worried that a clampdown on online video might affect its revenue. Nikkei will be close for Showa Day Holiday today.
May month contract
Plan A : Above 22151, do nothing
Plan B : Below 21870, do nothing
Plan C : Consider buying if market holds firm above 21883 and triggers a buy
Plan D : Cut below 21870
Plan E : Attempt selling only if market opens gap up but fails to break above 22151
Plan F : Cut above 22252
FKLI
FKLI performed fairly well as compared to other regional markets yesterday. Support at 1848 proven to be the immediate defense line for now.
Plan A : Attempt buying if market supported well above 1848
Plan B : Cut below 1842
Plan C : Consider selling if market surge but fails to breach above 1863
Plan D : Cut above 1867
FCPO
FCPO is narrowing its trading range and squeezing a breakout from the market. Market seems to support all the way however, today we might experience some turbulence as soybean oil and Dalian palm olein are trading at their negative zones. There is a possibility of market to move downwards if market could not support at its platform.
Plan A : Overnight buyer may hold on to position unless support at 2651 is broken. Target is looking at 2744.
Plan B : Intraday investor may sell if market come near to 2680's and could not break 2688. Profit target is looking at 2657 and 2636.
Plan C : Intraday buyer might want to try buying if 2651 is supported. Target is looking at 2682.
Plan D : Above 2710, do nothing.
Plan E : Below 2630, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Sunday, April 27, 2014
28 April 2014
HSI Futures
U.S. stocks dropped on Friday, pulled lower by a sell-off in consumer discretionary stocks as bellwether names Amazon.com and Ford Motor fell in the wake of their quarterly earnings.
Hong Kong shares fell on Friday as concerns about the state of China's economy and the health of its banking sector clouded positive earnings from several Chinese firms.
Plan A : Above 22584, do nothing
Plan B : Below 22150, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 22584
Plan D : Cut above 22657
Plan E : Consider buying if market stubbornly hold above 22150 and triggers a buy
Plan F : Cut below 22150
FKLI
Market seems shaky for now despite successfully closed above 1852 last week. Asian markets are expected to open weak, taking cue from Friday's Dow. Persistent selling could kick in if market fails to hold firm above 1848 today
Plan A : Attempt selling near 1856
Plan B : Cut above 1861
Plan C : Intraday buying can only be considered if market holds firm above 1848
Plan D : Cut below 1842
FCPO
FCPO has been running on tight range and so far the uptrend is still intact. Regional competitive substituents are still on upside and therefore market might open higher.
Plan A : Overnight buyer might want to hold on to position, taking 2640 as support. Target looking at 2744.
Plan B : Intraday investor might attempt buying if 2660 is supported. Target looking at 2700.
Plan C : Seller might wan to stay out unless market come near to 2700 and it is not breached once again. Target looking at 2640.
Plan D : Above 2710, do nothing.
Plan E : Below 2640, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks dropped on Friday, pulled lower by a sell-off in consumer discretionary stocks as bellwether names Amazon.com and Ford Motor fell in the wake of their quarterly earnings.
Hong Kong shares fell on Friday as concerns about the state of China's economy and the health of its banking sector clouded positive earnings from several Chinese firms.
Plan A : Above 22584, do nothing
Plan B : Below 22150, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 22584
Plan D : Cut above 22657
Plan E : Consider buying if market stubbornly hold above 22150 and triggers a buy
Plan F : Cut below 22150
FKLI
Market seems shaky for now despite successfully closed above 1852 last week. Asian markets are expected to open weak, taking cue from Friday's Dow. Persistent selling could kick in if market fails to hold firm above 1848 today
Plan A : Attempt selling near 1856
Plan B : Cut above 1861
Plan C : Intraday buying can only be considered if market holds firm above 1848
Plan D : Cut below 1842
FCPO
FCPO has been running on tight range and so far the uptrend is still intact. Regional competitive substituents are still on upside and therefore market might open higher.
Plan A : Overnight buyer might want to hold on to position, taking 2640 as support. Target looking at 2744.
Plan B : Intraday investor might attempt buying if 2660 is supported. Target looking at 2700.
Plan C : Seller might wan to stay out unless market come near to 2700 and it is not breached once again. Target looking at 2640.
Plan D : Above 2710, do nothing.
Plan E : Below 2640, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Thursday, April 24, 2014
25 April 2014
HSI Futures
The Nasdaq rose modestly in a choppy session on Thursday, lifted by a rally in Apple shares a day after the iPad maker's strong results, though tensions in Ukraine held the broader market in check.
Hong Kong shares posted modest gains on Thursday, helped by a strong rebound in some telecoms shares after the previous session's sell-off, and by company results.
Plan A : Above 22657, do nothing
Plan B : Below 22367, do nothing
Plan C : Attempt selling if market fails to break above 22657 and triggers a sell
Plan D : Cut above 22657
Plan E : Consider buying after market corrects to near 22367 and triggers a buy
Plan F : Cut below 22367
FKLI
Market showed signs of weaknesses despite successfully hold above 1860 for a close yesterday. More profit taking selling could kick in if market remains trading under 1865 today
Plan A : Attempt selling between 1863-1865
Plan B : Cut above 1871
Plan C : Consider buying near 1854 only if it manage to hold firm
Plan D : Cut below 1851
FCPO
FCPO is taking a breather running on a tight range of 20 points yesterday. So far, market up-channel is still intact if 2640 is supported.
Plan A : Overnight buyer may stay on if 2640 is supported. Target 2744.
Plan B : Intraday investor might want to buy taking support at 2640 and target at 2672.
Plan C : Seller may make entrance if market came near to 2692 but could not break the level. Target is 2660.
Plan D : Above 2700, do nothing.
Plan E : Below 2610, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
The Nasdaq rose modestly in a choppy session on Thursday, lifted by a rally in Apple shares a day after the iPad maker's strong results, though tensions in Ukraine held the broader market in check.
Hong Kong shares posted modest gains on Thursday, helped by a strong rebound in some telecoms shares after the previous session's sell-off, and by company results.
Plan A : Above 22657, do nothing
Plan B : Below 22367, do nothing
Plan C : Attempt selling if market fails to break above 22657 and triggers a sell
Plan D : Cut above 22657
Plan E : Consider buying after market corrects to near 22367 and triggers a buy
Plan F : Cut below 22367
FKLI
Market showed signs of weaknesses despite successfully hold above 1860 for a close yesterday. More profit taking selling could kick in if market remains trading under 1865 today
Plan A : Attempt selling between 1863-1865
Plan B : Cut above 1871
Plan C : Consider buying near 1854 only if it manage to hold firm
Plan D : Cut below 1851
FCPO
FCPO is taking a breather running on a tight range of 20 points yesterday. So far, market up-channel is still intact if 2640 is supported.
Plan A : Overnight buyer may stay on if 2640 is supported. Target 2744.
Plan B : Intraday investor might want to buy taking support at 2640 and target at 2672.
Plan C : Seller may make entrance if market came near to 2692 but could not break the level. Target is 2660.
Plan D : Above 2700, do nothing.
Plan E : Below 2610, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Wednesday, April 23, 2014
24 April 2014
HSI Futures
U.S. stocks dipped on Wednesday to snap a six-session winning streak as gains in Boeing and Gilead were offset by slides in AT&T and the wider biotech sector.
Hong Kong stocks fell 1 percent on Wednesday, hurt by a sell-off in telecoms shares after the mainland's biggest carrier China Mobile posted its third straight quarterly decline in profits.
Plan A : Above 22851, do nothing
Plan B : Below 22367, do nothing
Plan C : Attempt selling if market surges but fails to break above 22851 and triggers a sell
Plan D : Cut above 22851
Plan E : Consider buying only if market corrects to around 22367 and holds firm before triggering a buy
Plan F : Cut below 22367
FKLI
Lack of buying momentum caused the market to lose steam towards the final hour of yesterday's market. Market however, will still be deemed as firm as long as it stays above 1852
Plan A : Attempt intraday selling if market fails to breach above 1865
Plan B : Cut above 1871
Plan C : Buy on dips, possibly around 1855-1858 level
Plan D : Cut below 1852
FCPO
Market went on correction yesterday to the low of 2647. Up-channel is still intact if the support
at 2632 is not broken. Market might fall back to consolidation if support is breached.
Plan A : Long term buyer may try to buy around 2640's taking 2632 as support. Target is looking at 2744.
Plan B : Intraday investor could buy if 2632 is supported. Target is 2664 and 2692.
Plan C : Seller may want to stay out today.
Plan D : Above 2700, do nothing.
Plan E : Below 2610, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks dipped on Wednesday to snap a six-session winning streak as gains in Boeing and Gilead were offset by slides in AT&T and the wider biotech sector.
Hong Kong stocks fell 1 percent on Wednesday, hurt by a sell-off in telecoms shares after the mainland's biggest carrier China Mobile posted its third straight quarterly decline in profits.
Plan A : Above 22851, do nothing
Plan B : Below 22367, do nothing
Plan C : Attempt selling if market surges but fails to break above 22851 and triggers a sell
Plan D : Cut above 22851
Plan E : Consider buying only if market corrects to around 22367 and holds firm before triggering a buy
Plan F : Cut below 22367
FKLI
Lack of buying momentum caused the market to lose steam towards the final hour of yesterday's market. Market however, will still be deemed as firm as long as it stays above 1852
Plan A : Attempt intraday selling if market fails to breach above 1865
Plan B : Cut above 1871
Plan C : Buy on dips, possibly around 1855-1858 level
Plan D : Cut below 1852
FCPO
Market went on correction yesterday to the low of 2647. Up-channel is still intact if the support
at 2632 is not broken. Market might fall back to consolidation if support is breached.
Plan A : Long term buyer may try to buy around 2640's taking 2632 as support. Target is looking at 2744.
Plan B : Intraday investor could buy if 2632 is supported. Target is 2664 and 2692.
Plan C : Seller may want to stay out today.
Plan D : Above 2700, do nothing.
Plan E : Below 2610, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Tuesday, April 22, 2014
23 April 2014
HSI Futures
U.S. stocks rose on Tuesday as a host of solid earnings reports, along with strength in the healthcare sector, helped lift the S&P 500 and Nasdaq to their sixth straight advance.
Hong Kong shares edged lower on Tuesday, dragged down by losses in China Resources Power after Chinese authorities said they were probing the head of its parent group for corruption.
Holding a long
Plan A : 22584-23084, do nothing
Plan B : Below 22584, cut
Plan C : Above 23084, consider taking profits first if it loses steam after higher opening
Plan D : Consider turning short if it fails to break above 23084 and triggers a sell
Plan E : Cut above 23200
FKLI
FKLI continued its rally after a momentarily retracement to 1858.5. Market is expected to remain firm after succeeded in defending against any selling over the past few days.
Plan A : Attempt long around 1861-1862
Plan B : Cut below 1853
Plan C : Consider intraday selling only if market make a sudden surge but fails to breach above 1889.5
Plan D : Cut above 1906
FCPO
FCPO went up to 2688 and closed high at 2683. Market has a chance to break through an uptrend if 2700 is breached. However, overall trend has formed an initial up-channel.
Plan A : Overnight seller should have exited yesterday as 2660 is broken. If you haven't, please exit if market break 2700.
Plan B : Intraday investor could attempt to buy if market support at 2660. Target is 2744.
Plan C : Fresh seller could sell is 2700 is not broken. Only as intraday trade. Target is 2640.
Plan D : Above 2710, do nothing.
Plan E : Below 2630, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks rose on Tuesday as a host of solid earnings reports, along with strength in the healthcare sector, helped lift the S&P 500 and Nasdaq to their sixth straight advance.
Hong Kong shares edged lower on Tuesday, dragged down by losses in China Resources Power after Chinese authorities said they were probing the head of its parent group for corruption.
Holding a long
Plan A : 22584-23084, do nothing
Plan B : Below 22584, cut
Plan C : Above 23084, consider taking profits first if it loses steam after higher opening
Plan D : Consider turning short if it fails to break above 23084 and triggers a sell
Plan E : Cut above 23200
FKLI
FKLI continued its rally after a momentarily retracement to 1858.5. Market is expected to remain firm after succeeded in defending against any selling over the past few days.
Plan A : Attempt long around 1861-1862
Plan B : Cut below 1853
Plan C : Consider intraday selling only if market make a sudden surge but fails to breach above 1889.5
Plan D : Cut above 1906
FCPO
FCPO went up to 2688 and closed high at 2683. Market has a chance to break through an uptrend if 2700 is breached. However, overall trend has formed an initial up-channel.
Plan A : Overnight seller should have exited yesterday as 2660 is broken. If you haven't, please exit if market break 2700.
Plan B : Intraday investor could attempt to buy if market support at 2660. Target is 2744.
Plan C : Fresh seller could sell is 2700 is not broken. Only as intraday trade. Target is 2640.
Plan D : Above 2710, do nothing.
Plan E : Below 2630, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Monday, April 21, 2014
22 April 2014
HSI Futures
U.S. stocks advanced modestly on Monday in subdued trading as investors showed hesitation in the wake of a strong rally last week and before a slew of key earnings releases this week.
China shares drifted lower on Monday, hit by concerns about a potential share oversupply after the securities regulator released draft prospectuses for 28 new companies planning to list. The Hong Kong stock exchange was closed on Monday for the Easter holiday.
Plan A : Above 22910, do nothing
Plan B : Below 22584, do nothing
Plan C : Attempt selling if market opens gap up but fails to break above 22910
Plan D : Cut above 23084
Plan E : Consider buying only if market holds firm above 22584 and triggers a buy
Plan F : Cut below 22584
FKLI
FKLI hold firm above 1852 and settled at 1861 despite failing to break above 1863.5. Market could consolidate a little if market still fails to break above 1863.5 today but any successful breach and firm stay above 1863.5 will likely see sellers covering their short and push the market higher.
Plan A : Consider intraday selling only if market fails to break above 1863.5
Plan B : Cut above 1867
Plan C : Attempt buying near 1854-1856 level if there's any pullback
Plan D : Cut below 1851
FCPO
FCPO was running on consolidation though with some sell signals in some longer term chart. Not seeing a trend at this moment and market might consolidate 'till the next break out.
Plan A : Overnight seller may hold on to position unless 2660 is breached. Target 2599 and 2570.
Plan B : Intraday investor may try to range trade within 2610 to 2660.
Plan C : Long term buyer may stay out till the consolidation range narrow down to 20 to 30 points before reacting.
Plan D : Above 2670, do nothing.
Plan E : Below 2590, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks advanced modestly on Monday in subdued trading as investors showed hesitation in the wake of a strong rally last week and before a slew of key earnings releases this week.
China shares drifted lower on Monday, hit by concerns about a potential share oversupply after the securities regulator released draft prospectuses for 28 new companies planning to list. The Hong Kong stock exchange was closed on Monday for the Easter holiday.
Plan A : Above 22910, do nothing
Plan B : Below 22584, do nothing
Plan C : Attempt selling if market opens gap up but fails to break above 22910
Plan D : Cut above 23084
Plan E : Consider buying only if market holds firm above 22584 and triggers a buy
Plan F : Cut below 22584
FKLI
FKLI hold firm above 1852 and settled at 1861 despite failing to break above 1863.5. Market could consolidate a little if market still fails to break above 1863.5 today but any successful breach and firm stay above 1863.5 will likely see sellers covering their short and push the market higher.
Plan A : Consider intraday selling only if market fails to break above 1863.5
Plan B : Cut above 1867
Plan C : Attempt buying near 1854-1856 level if there's any pullback
Plan D : Cut below 1851
FCPO
FCPO was running on consolidation though with some sell signals in some longer term chart. Not seeing a trend at this moment and market might consolidate 'till the next break out.
Plan A : Overnight seller may hold on to position unless 2660 is breached. Target 2599 and 2570.
Plan B : Intraday investor may try to range trade within 2610 to 2660.
Plan C : Long term buyer may stay out till the consolidation range narrow down to 20 to 30 points before reacting.
Plan D : Above 2670, do nothing.
Plan E : Below 2590, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Sunday, April 20, 2014
21 April 2014
FKLI
FKLI hold well throughout last Friday's trading after an opening scare of 1835.5. Market traded above 1847 for most of the time before closing at day's high level of 1852
Plan A : Attempt buying if market continue to hold firm above 1851
Plan B : Cut below 1847
Plan C : Consider intraday selling only if market surges but fails to break above 1863.5
Plan D : Cut above 1867
FCPO
FCPO failed to breach the high of 2700 and tumble down to the low of 2623 since Thursday. Competitive substituents are lying at negative zones which could result in gap down during opening.
Plan A : Overnight seller may hold on to position. Resistance at 2660 and target is 2599.
Plan B : Intraday investor could buy if 2623 is supported. Target is 2660. Place a stop.
Plan C : Fresh seller may sell if 2660 not broken. Target is 2620.
Plan D : Above 2670, do nothing.
Plan E : Below 2590, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
FKLI hold well throughout last Friday's trading after an opening scare of 1835.5. Market traded above 1847 for most of the time before closing at day's high level of 1852
Plan A : Attempt buying if market continue to hold firm above 1851
Plan B : Cut below 1847
Plan C : Consider intraday selling only if market surges but fails to break above 1863.5
Plan D : Cut above 1867
FCPO
FCPO failed to breach the high of 2700 and tumble down to the low of 2623 since Thursday. Competitive substituents are lying at negative zones which could result in gap down during opening.
Plan A : Overnight seller may hold on to position. Resistance at 2660 and target is 2599.
Plan B : Intraday investor could buy if 2623 is supported. Target is 2660. Place a stop.
Plan C : Fresh seller may sell if 2660 not broken. Target is 2620.
Plan D : Above 2670, do nothing.
Plan E : Below 2590, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Thursday, April 17, 2014
18 April 2014
FKLI
FKLI traded in a tight 6-points range yesterday with some downward pressure. Market could open little changed today as most markets are close for Good Friday holiday.
Plan A : Attempt selling between 1849-1851
Plan B : Cut above 1854
Plan C : Consider intraday buying if market holds firm above 1837.5
Plan D : Cut below 1831
FCPO
Market once again tumbled at the eleventh hour yesterday. If market does not holds firm above 2620 today, selling pressure could accelerate.
Plan A : Overnight buyers must place a sell stop order below 2620 to prevent market from diving
Plan B : Intraday selling can be considered if market rebounds but fails to break above 2666
Plan C : Cut above 2675
Plan D : Consider buying if market rebounds strongly after attempting the 2620 level
Plan E : Cut below 2615
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
FKLI traded in a tight 6-points range yesterday with some downward pressure. Market could open little changed today as most markets are close for Good Friday holiday.
Plan A : Attempt selling between 1849-1851
Plan B : Cut above 1854
Plan C : Consider intraday buying if market holds firm above 1837.5
Plan D : Cut below 1831
FCPO
Market once again tumbled at the eleventh hour yesterday. If market does not holds firm above 2620 today, selling pressure could accelerate.
Plan A : Overnight buyers must place a sell stop order below 2620 to prevent market from diving
Plan B : Intraday selling can be considered if market rebounds but fails to break above 2666
Plan C : Cut above 2675
Plan D : Consider buying if market rebounds strongly after attempting the 2620 level
Plan E : Cut below 2615
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Wednesday, April 16, 2014
17 April 2014
HSI Futures
U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied.
Hong Kong shares finished slightly up on Wednesday, with investors relieved about China's slightly better-than-expected economic growth, which eased fears of a dramatic slowdown.
Plan A : Above 22910, do nothing
Plan B : Below 22584, do nothing
Plan C : Attempt selling if market opens gap up but fails to break above 22910
Plan D : Cut above 23084
Plan E : Consider buying only if market holds firm above 22584 and triggers a buy
Plan F : Cut below 22584
FKLI
FKLI finally gave way and tumbled towards the closing hour of yesterday's market. Market look likely to stay below 1851 today as long as selling pressure persisted.
Plan A : Attempt selling around 1850
Plan B : Cut above 1854
Plan C : Intraday buying can be attempted if market dips but holds firm above 1837.5
Plan D : Cut below 1831
FCPO
Market has steadily running upwards with the hike of the competitive substituents. Today, do not be surprised if market opening above 2700.
Plan A : Overnight buyer hold on to position. Support looking at 2635. Target is 2744 and 2800.
Plan B : Intraday buyer may buy if support at 2669 is supported. Do not chase buying. Target is looking at 2744.
Plan C : Seller could attempt selling if 2710 is not broken. Target is looking at 2655. Place a stop.
Plan D : Above 2750, so nothing.
Plan E : Below 2650, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied.
Hong Kong shares finished slightly up on Wednesday, with investors relieved about China's slightly better-than-expected economic growth, which eased fears of a dramatic slowdown.
Plan A : Above 22910, do nothing
Plan B : Below 22584, do nothing
Plan C : Attempt selling if market opens gap up but fails to break above 22910
Plan D : Cut above 23084
Plan E : Consider buying only if market holds firm above 22584 and triggers a buy
Plan F : Cut below 22584
FKLI
FKLI finally gave way and tumbled towards the closing hour of yesterday's market. Market look likely to stay below 1851 today as long as selling pressure persisted.
Plan A : Attempt selling around 1850
Plan B : Cut above 1854
Plan C : Intraday buying can be attempted if market dips but holds firm above 1837.5
Plan D : Cut below 1831
FCPO
Market has steadily running upwards with the hike of the competitive substituents. Today, do not be surprised if market opening above 2700.
Plan A : Overnight buyer hold on to position. Support looking at 2635. Target is 2744 and 2800.
Plan B : Intraday buyer may buy if support at 2669 is supported. Do not chase buying. Target is looking at 2744.
Plan C : Seller could attempt selling if 2710 is not broken. Target is looking at 2655. Place a stop.
Plan D : Above 2750, so nothing.
Plan E : Below 2650, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Tuesday, April 15, 2014
16 April 2014
HSI Futures
U.S. stocks ended a volatile session higher on Tuesday, lifted by gains in such blue-chip names as Coca-Cola and Johnson & Johnson, though persistent weakness in momentum names limited the Nasdaq's advance.
Chinese shares listed in Hong Kong suffered their biggest daily drop in 10 weeks, hit by profit-taking in auto makers and sharp declines in banks following weak Chinese money supply data.
Holding a short
Plan A: 22367-22852, do nothing
Plan B : Below 22367, temporary take profit
Plan C : Reinstate selling when it gets closer to the resistant line
Plan D : Above 22852, buy back if it stays firm
Plan E : Consider turning buy only after it finishes one round of correction, possibly near 22207
Plan F : Cut below 22151
FKLI
FKLI decoupled from regional market's slump and closed positive yesterday. Market looked resilient despite not able to rally further. Sellers shouldn't be too bearish as long as market stays above 1843.5
Plan A : Attempt selling if market surge but fails to break above 1860
Plan B : Cut above 1864
Plan C : Consider buying if market dips but stays firm above 1843.5
Plan D : Cut below 1841
FCPO
FCPO formed a decent uptrend yesterday and eventually closed at 2663. Today is a switch month and reminder to long term buyer to continue to buy into July month. Below planning will be based on July month.
Plan A : Overnight buyer may stay put, taking support at 2610. Target is 2744.
Plan B : Fresh buyer may buy if 2638 supported. Target at 2692.
Plan C : Seller may give way today.
Plan D : Above 2700, do nothing.
Plan E : Below 2610, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks ended a volatile session higher on Tuesday, lifted by gains in such blue-chip names as Coca-Cola and Johnson & Johnson, though persistent weakness in momentum names limited the Nasdaq's advance.
Chinese shares listed in Hong Kong suffered their biggest daily drop in 10 weeks, hit by profit-taking in auto makers and sharp declines in banks following weak Chinese money supply data.
Holding a short
Plan A: 22367-22852, do nothing
Plan B : Below 22367, temporary take profit
Plan C : Reinstate selling when it gets closer to the resistant line
Plan D : Above 22852, buy back if it stays firm
Plan E : Consider turning buy only after it finishes one round of correction, possibly near 22207
Plan F : Cut below 22151
FKLI
FKLI decoupled from regional market's slump and closed positive yesterday. Market looked resilient despite not able to rally further. Sellers shouldn't be too bearish as long as market stays above 1843.5
Plan A : Attempt selling if market surge but fails to break above 1860
Plan B : Cut above 1864
Plan C : Consider buying if market dips but stays firm above 1843.5
Plan D : Cut below 1841
FCPO
FCPO formed a decent uptrend yesterday and eventually closed at 2663. Today is a switch month and reminder to long term buyer to continue to buy into July month. Below planning will be based on July month.
Plan A : Overnight buyer may stay put, taking support at 2610. Target is 2744.
Plan B : Fresh buyer may buy if 2638 supported. Target at 2692.
Plan C : Seller may give way today.
Plan D : Above 2700, do nothing.
Plan E : Below 2610, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Monday, April 14, 2014
15 April 2014
HSI Futures
U.S. stocks closed higher on Monday as Citigroup's earnings and strong retail sales gave investors reasons to buy equities despite a resurgence of geopolitical uncertainties.
Hong Kong shares finished slightly higher on Monday in subdued trade, with a strong performance from blue chips including Hong Kong Exchanges and Clearing Ltd pulling up the index.
Holding a short
Plan A : 22691-23163, do nothing
Plan B : Above 23163, cut
Plan C : Below 22691, consider taking profit if it rebounds after a lower opening
Plan D : Consider turning long only if market corrects to near 22691, rebound and triggers a buy
Plan E : Cut below 22660
FKLI
FKLI stubbornly hold above 1851 throughout the day and only gave way towards the final hour of the market. Market might be turning a little cautious but all is not lost unless market fails to hold above 1843.5 in the next few days.
Plan A : Attempt selling if market rebounds but fails to break above 1854
Plan B : Cut above 1857
Plan C : Consider intraday buy if market shows resilience by holding firm above 1843.5
Plan D : Cut below 1841
FCPO
FCPO has a wild closing yesterday with sudden dip during the eleventh hour. This could be due to the intraday buyer making its exit which eventually exerted pressure towards the closing. However, so far market has seemed to form a support at the 2570 level and may ceiling at 2692.
Plan A : Overnight buyer may hold on to position. Support looking at 2570 and target looking at 2692 and 2744.
Plan B : Fresh buyer could take support at 2614 and target price looking at 2679 and 2692.
Plan C : Intraday seller may sell if resistance at 2692 not broken. Target is 2610.
Plan D : Above 2700, do nothing.
Plan E : Below 2570, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks closed higher on Monday as Citigroup's earnings and strong retail sales gave investors reasons to buy equities despite a resurgence of geopolitical uncertainties.
Hong Kong shares finished slightly higher on Monday in subdued trade, with a strong performance from blue chips including Hong Kong Exchanges and Clearing Ltd pulling up the index.
Holding a short
Plan A : 22691-23163, do nothing
Plan B : Above 23163, cut
Plan C : Below 22691, consider taking profit if it rebounds after a lower opening
Plan D : Consider turning long only if market corrects to near 22691, rebound and triggers a buy
Plan E : Cut below 22660
FKLI
FKLI stubbornly hold above 1851 throughout the day and only gave way towards the final hour of the market. Market might be turning a little cautious but all is not lost unless market fails to hold above 1843.5 in the next few days.
Plan A : Attempt selling if market rebounds but fails to break above 1854
Plan B : Cut above 1857
Plan C : Consider intraday buy if market shows resilience by holding firm above 1843.5
Plan D : Cut below 1841
FCPO
FCPO has a wild closing yesterday with sudden dip during the eleventh hour. This could be due to the intraday buyer making its exit which eventually exerted pressure towards the closing. However, so far market has seemed to form a support at the 2570 level and may ceiling at 2692.
Plan A : Overnight buyer may hold on to position. Support looking at 2570 and target looking at 2692 and 2744.
Plan B : Fresh buyer could take support at 2614 and target price looking at 2679 and 2692.
Plan C : Intraday seller may sell if resistance at 2692 not broken. Target is 2610.
Plan D : Above 2700, do nothing.
Plan E : Below 2570, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Sunday, April 13, 2014
14 April 2014
HSI Futures
U.S. stocks slid in a volatile session on Friday, with the Nasdaq closing below the 4,000 mark for the first time since early February. Selling accelerated late in the afternoon, with the biotech and other momentum stocks again leading the Nasdaq sharply lower. JP Morgan's disappointing earnings also gave investors a reason to sell some bank stocks.
Hong Kong shares finished down 0.8 percent on Friday, with a sell-off in dual-listed shares dragging down Chinese shares listed in the territory. The slump in H-shares came after investors dumped dual- listed China shares that had been trading at a premium to their mainland counterparts following an announcement on Thursday that mainland and Hong Kong investors would soon be able to invest in each other's markets.
Plan A : Above 23321, do nothing
Plan B : Below 22691, do nothing
Plan C : Attempt selling if it breaks below 22932
Plan D : Cut above 23127
Plan E : Wait for correction before considering buying. Buy only if market supported well above 22691 and triggers a buy
Plan F : Cut below 22660
FKLI
FKLI traded lower last Friday after failing to hold above 1851. Market started to show signs of weakness after holding firm for the past three weeks.
Plan A : Attempt selling between 1848-1851
Plan B : Cut above 1854
Plan C : Consider temporary buying only if market holds firm above 1837
Plan D : Cut below 1834
FCPO
FCPO starts to stabilize forming a platform at 2570 level. Though overnight soybean oil is down 40 cents, do not be surprised if market open unchanged. Market might consolidate if 2621 does not break.
Plan A : Overnight buyer could hold on to position. Support at 2570. Target at 2686 and 2744.
Plan B : Intraday investor could try some buying, taking support at 2599. Target 2621 and 2679.
Plan C : Seller might want to give way today.
Plan D : Above 2690, do nothing.
Plan E : Below 2570, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks slid in a volatile session on Friday, with the Nasdaq closing below the 4,000 mark for the first time since early February. Selling accelerated late in the afternoon, with the biotech and other momentum stocks again leading the Nasdaq sharply lower. JP Morgan's disappointing earnings also gave investors a reason to sell some bank stocks.
Hong Kong shares finished down 0.8 percent on Friday, with a sell-off in dual-listed shares dragging down Chinese shares listed in the territory. The slump in H-shares came after investors dumped dual- listed China shares that had been trading at a premium to their mainland counterparts following an announcement on Thursday that mainland and Hong Kong investors would soon be able to invest in each other's markets.
Plan A : Above 23321, do nothing
Plan B : Below 22691, do nothing
Plan C : Attempt selling if it breaks below 22932
Plan D : Cut above 23127
Plan E : Wait for correction before considering buying. Buy only if market supported well above 22691 and triggers a buy
Plan F : Cut below 22660
FKLI
FKLI traded lower last Friday after failing to hold above 1851. Market started to show signs of weakness after holding firm for the past three weeks.
Plan A : Attempt selling between 1848-1851
Plan B : Cut above 1854
Plan C : Consider temporary buying only if market holds firm above 1837
Plan D : Cut below 1834
FCPO
FCPO starts to stabilize forming a platform at 2570 level. Though overnight soybean oil is down 40 cents, do not be surprised if market open unchanged. Market might consolidate if 2621 does not break.
Plan A : Overnight buyer could hold on to position. Support at 2570. Target at 2686 and 2744.
Plan B : Intraday investor could try some buying, taking support at 2599. Target 2621 and 2679.
Plan C : Seller might want to give way today.
Plan D : Above 2690, do nothing.
Plan E : Below 2570, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Thursday, April 10, 2014
11 April 2014
HSI Futures
The Nasdaq suffered its biggest drop in two-and-a-half years on Thursday after another sharp selloff in biotech and momentum names, including Gilead Sciences and TripAdvisor, increasing investor anxiety about a broader pullback.
Hong Kong shares closed at their highest level in more than three months on Thursday, lifted by news that Beijing's securities regulator will allow cross-border stock investment between Hong Kong and Shanghai.
Plan A : Above 23321, do nothing
Plan B : Below 22932, do nothing
Plan C : Profit taking selling could kicks in if market go for another surge but fails to break above 23321. Attempt intraday selling if it triggers sell on its 5 min chart
Plan D : Cut above 23321
Plan E : Consider buying if market corrects but holds firmly above 22932
Plan F : Cut below 22794
FKLI
FKLI got pressured down towards the final minutes of yesterday's trading. Market look likely to open lower today after overnight sell down in the U.S. markets.
Plan A : Attempt selling if market fails to stays above 1851
Plan B : Cut above 1857
Plan C : Consider buying if market opens gap down but holds firmly above 1843
Plan D : Cut below 1840
FCPO
Yesterday market was unstable at the second session and it eventually closed above 2600. Today, market might experience gap down in the morning during opening as the competitive substituents are quite badly hurted. So far, market is not stable for any long term position until it starts to consolidate.
Plan A : Overnight buyer might want take 2673 as support and exit market if it breaks.
Plan B : Intraday investor might want to range trade around 2670 to 2724.
Plan C : Above 2730, do nothing.
Plan D : Below 2660, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
The Nasdaq suffered its biggest drop in two-and-a-half years on Thursday after another sharp selloff in biotech and momentum names, including Gilead Sciences and TripAdvisor, increasing investor anxiety about a broader pullback.
Hong Kong shares closed at their highest level in more than three months on Thursday, lifted by news that Beijing's securities regulator will allow cross-border stock investment between Hong Kong and Shanghai.
Plan A : Above 23321, do nothing
Plan B : Below 22932, do nothing
Plan C : Profit taking selling could kicks in if market go for another surge but fails to break above 23321. Attempt intraday selling if it triggers sell on its 5 min chart
Plan D : Cut above 23321
Plan E : Consider buying if market corrects but holds firmly above 22932
Plan F : Cut below 22794
FKLI
FKLI got pressured down towards the final minutes of yesterday's trading. Market look likely to open lower today after overnight sell down in the U.S. markets.
Plan A : Attempt selling if market fails to stays above 1851
Plan B : Cut above 1857
Plan C : Consider buying if market opens gap down but holds firmly above 1843
Plan D : Cut below 1840
FCPO
Yesterday market was unstable at the second session and it eventually closed above 2600. Today, market might experience gap down in the morning during opening as the competitive substituents are quite badly hurted. So far, market is not stable for any long term position until it starts to consolidate.
Plan A : Overnight buyer might want take 2673 as support and exit market if it breaks.
Plan B : Intraday investor might want to range trade around 2670 to 2724.
Plan C : Above 2730, do nothing.
Plan D : Below 2660, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Wednesday, April 9, 2014
10 April 2014
HSI Futures
U.S. stocks rallied on Wednesday after minutes from the Federal Reserve's latest policy meeting showed a more supportive central bank than investors had previously expected.
Hong Kong shares ended at its highest in 11 weeks on Wednesday, as a rebound in casino shares and index-heavyweight Tencent pushed the index to its best close since end-January.
Plan A : Above 23127, do nothing
Plan B : Below 22620, do nothing
Plan C : Consider selling if market fails to break above 23127 and triggers a sell
Plan D : Cut above 23127
Plan E : Attempt buying if market stubbornly hold from above 22685
Plan F : Cut below 22620
FKLI
FKLI remained firmly supported above 1852 level. Market is destined for a rally with 1871 the possible target.
Plan A : Attempt buying around 1855-1856
Plan B : Cut below 1850
Plan C : Intraday selling can be considered if market surge but fails to break above 1871
Plan D : Cut above 1875
FCPO
Market visited the low at 2670's level again for the second day and rebounded to a high of 2624 before closing. Ringgit is still strong against US dollar.
Plan A : Buyer should wait for a signal to buy once it stabilizes at 2589 and 2610. Target looking at 2687 and 2744.
Plan B : Overnight seller might have exited yesterday as resistance has been broken.
Plan C : Fresh seller should stay out today unless 2644 is not broken. Target looking at 2590.
Plan D : Intraday investor could try to buy if 2610 is supported. Target looking at 2644 and 2679.
Plan E : Above 2700, do nothing.
Plan F : Below 2580, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks rallied on Wednesday after minutes from the Federal Reserve's latest policy meeting showed a more supportive central bank than investors had previously expected.
Hong Kong shares ended at its highest in 11 weeks on Wednesday, as a rebound in casino shares and index-heavyweight Tencent pushed the index to its best close since end-January.
Plan A : Above 23127, do nothing
Plan B : Below 22620, do nothing
Plan C : Consider selling if market fails to break above 23127 and triggers a sell
Plan D : Cut above 23127
Plan E : Attempt buying if market stubbornly hold from above 22685
Plan F : Cut below 22620
FKLI
FKLI remained firmly supported above 1852 level. Market is destined for a rally with 1871 the possible target.
Plan A : Attempt buying around 1855-1856
Plan B : Cut below 1850
Plan C : Intraday selling can be considered if market surge but fails to break above 1871
Plan D : Cut above 1875
FCPO
Market visited the low at 2670's level again for the second day and rebounded to a high of 2624 before closing. Ringgit is still strong against US dollar.
Plan A : Buyer should wait for a signal to buy once it stabilizes at 2589 and 2610. Target looking at 2687 and 2744.
Plan B : Overnight seller might have exited yesterday as resistance has been broken.
Plan C : Fresh seller should stay out today unless 2644 is not broken. Target looking at 2590.
Plan D : Intraday investor could try to buy if 2610 is supported. Target looking at 2644 and 2679.
Plan E : Above 2700, do nothing.
Plan F : Below 2580, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
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