11 February 2021 BMD

                         We are expanding to                   global  markets 

 See next article for the trade plan

LOCAL MARKET

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FKLI    

FKLI edged higher on Wednesday as banking heavyweights gained in recovery theme play. Market however, is expected to be quiet today with half day trading ahead of long CNY weekend celebration.

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Plan A : Remain buy as long as market trades firmly above 1589. Targets are 1599 and 1607.

Plan B : Consider short only if market surges but fails to breach above 1599. Targets are 1590.5 and 1584.

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. 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.