28 November 2014

HSI Futures

Share price falls for energy firms capped gains for top European stocks on Thursday, after OPEC resisted pressure to cut supply in the face of a global slump in the oil price. However, shares were able to edge higher, led up by the German DAX, which extended its recent sharp rally on the back of encouraging data and expectations of further stimulus measures from the European Central Bank.

Hong Kong shares finished down on Thursday as investors held back from chasing continuous gains on mainland exchanges due to doubts about the state of China's economy.

Plan A : Above 24177, do nothing
Plan B : Below 23909, do nothing
Plan C : Consider selling if market fails to break above 24177 and triggers a sell
Plan D : Cut above 24349
Plan E : Attempt buying if market consolidates well above 23909
Plan F : Cut below 23807


FKLI

FKLI caught everyone by surprise with the aggressive sell down after touching an intraday high of 1850.5. It will be important for market to hold firm above 1826 if it were to convince buyers to stay with them.

Plan A : Attempt buying if market stays firm above 1826
Plan B : Cut below 1823
Plan C : Consider intraday sell if market surges but fails to break above 1840
Plan D : Cut above 1847


FCPO

Market got sold down in the final hour of trading yesterday. Weak dalian is going to dictate this morning's opening price. Lower opening can be expected with supports seen at 2160. 

Plan A : Attempt selling if market rebounds but fails to break above 2211
Plan B : Cut above 2226
Plan C : Consider intraday buy only if market test and holds firmly above 2160
Plan D : Cut below 2140


*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