18 March 2014

HSI Futures

U.S. stocks climbed on Monday, with the S&P 500 bouncing from its worst weekly drop in the past seven, as concerns eased over the situation in Crimea, while economic data indicated the economy was improving after a winter slowdown.

Hong Kong shares ended at a five-week low on Monday, as investors remained uncertain over Chinese economic growth and tensions in Ukraine.

Plan A : Above 21612, do nothing
Plan B : Below 21298, do nothing
Plan C : Attempt selling if market opens high but fails to break above 21612
Plan D : Cut above 21768
Plan E : Consider buying only if market supported well above 21298 and triggers a buy
Plan F : Cut below 21298


FKLI

FKLI performed a remarkable recovery yesterday after rebounding strongly from a low of 1793. Market is seen to be supported well above 1790 for now with resistance stood at 1821 and 1834

Plan A : Attempt selling if market make a sudden surge above 1830 level but fails to break above 1834
Plan B : Cut above 1837
Plan C : Consider buying between 1808-1810 if market were to correct a bit
Plan D : Place a stop below 1803 to avoid sudden sell down


FCPO

Market rebounded highest to 2766 and continue to tumble down to 2738. Market had sharp correction over a week and might rebound before continuing to correct itself. Regional competitive substituents are still in the negative territory.

Plan A : Overnight seller might want to consider to take profit today at 2720's to 2730's and wait for the next signal.
Plan B : Intraday investor might want to buy around 2720's to 2730's level if 2719 is supported. Profit target is looking at 2785.
Plan C : Above 2800, do nothing.
Plan D : Below 2700, do nothing.
Plan E : Intraday seller may stay out.


*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