24 October 2014

HSI Futures

Earnings from Caterpillar and 3M drove Wall Street higher on Thursday but stocks pared gains in late trading after reports that a New York hospital was running Ebola tests on a healthcare worker.

Hong Kong main share index finished lower on Thursday in line with regional bourses, but further declines were capped by slightly stronger China manufacturing activity. 

Holding long
Plan A : 23128-23674, do nothing
Plan B : Below 23128, cut
Plan C : Above 23674, consider taking profits if market couldn't sustain
Plan D : Consider turning sell only if market stays below 23229
Plan E : Cut above 23405


FKLI

Market did a remarkable rebound and triggered a buy signal along the way yesterday. Market could have reversed from its bear trend and trading higher for remainder of the month, pending any negative surprises. 

Holding long
Plan A : 1800-1825, do nothing
Plan B : Below 1800, liquidate
Plan C : Above 1825, consider taking profits if market couldn't hold firm
Plan D : Consider intraday sell if market do a quick surge but fails to break above 1825
Plan E : Cut above 1828


FCPO

FCPO has finally break through the consolidation range and continue to move upwards. Today it might open slightly higher as overnight soybean oil and Dalian market are trading at positive net change. 

Plan A : Overnight hold on to position. Support is looking at 2135. Target is 2263 and 2413.
Plan B : Intraday investor may buy if market supported at 2158. Target is 2223.
Plan C : Seller stay out.
Plan D : Above 2200, do nothing.
Plan E : Below 2150, 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