Sunday, September 19, 2021

20 September 2021 BMD

                             LOCAL MARKET


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FKLI    

FKLI ended the week in red last week, dragged down by selling of selected heavyweight counters, led by Top Glove and IOI Corp.

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Plan A : Remain short as long as market stays below 1544. Targets are 1528 and 1509.

Plan B : Consider long only if market supports firmly above 1528 and rebound. Targets are 1535.5 and 1539.5.





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.


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