28 April 2014

HSI Futures

U.S. stocks dropped on Friday, pulled lower by a sell-off in consumer discretionary stocks as bellwether names Amazon.com and Ford Motor fell in the wake of their quarterly earnings.

Hong Kong shares fell on Friday as concerns about the state of China's economy and the health of its banking sector clouded positive earnings from several Chinese firms.

Plan A : Above 22584, do nothing
Plan B : Below 22150, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 22584
Plan D : Cut above 22657
Plan E : Consider buying if market stubbornly hold above 22150 and triggers a buy
Plan F : Cut below 22150


FKLI

Market seems shaky for now despite successfully closed above 1852 last week. Asian markets are expected to open weak, taking cue from Friday's Dow. Persistent selling could kick in if market fails to hold firm above 1848 today

Plan A : Attempt selling near 1856
Plan B : Cut above 1861
Plan C : Intraday buying can only be considered if market holds firm above 1848
Plan D : Cut below 1842


FCPO

FCPO has been running on tight range and so far the uptrend is still intact. Regional competitive substituents are still on upside and therefore market might open higher.

Plan A : Overnight buyer might want to hold on to position, taking 2640 as support. Target looking at 2744.
Plan B : Intraday investor might attempt buying if 2660 is supported. Target looking at 2700.
Plan C : Seller might wan to stay out unless market come near to 2700 and it is not breached once again. Target looking at 2640. 
Plan D : Above 2710, do nothing.
Plan E : Below 2640, 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