U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied.
Hong Kong shares finished slightly up on Wednesday, with investors relieved about China's slightly better-than-expected economic growth, which eased fears of a dramatic slowdown.
Plan A : Above 22910, do nothing
Plan B : Below 22584, do nothing
Plan C : Attempt selling if market opens gap up but fails to break above 22910
Plan D : Cut above 23084
Plan E : Consider buying only if market holds firm above 22584 and triggers a buy
Plan F : Cut below 22584
FKLI
FKLI finally gave way and tumbled towards the closing hour of yesterday's market. Market look likely to stay below 1851 today as long as selling pressure persisted.
Plan A : Attempt selling around 1850
Plan B : Cut above 1854
Plan C : Intraday buying can be attempted if market dips but holds firm above 1837.5
Plan D : Cut below 1831
FCPO
Market has steadily running upwards with the hike of the competitive substituents. Today, do not be surprised if market opening above 2700.
Plan A : Overnight buyer hold on to position. Support looking at 2635. Target is 2744 and 2800.
Plan B : Intraday buyer may buy if support at 2669 is supported. Do not chase buying. Target is looking at 2744.
Plan C : Seller could attempt selling if 2710 is not broken. Target is looking at 2655. Place a stop.
Plan D : Above 2750, so nothing.
Plan E : Below 2650, 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
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