U.S. stocks fell on Tuesday as early enthusiasm from economic data faded and concerns about the violence in Iraq gave investors a reason to sell and book some profits, driving the Dow to its biggest drop in over a month.
Hong Kong shares on Tuesday recovered a bit of the ground lost the previous day when the index had its biggest fall in more than three months, although gains were limited by weaker Chinese gas and oil firms.
Plan A : Above 23026, do nothing
Plan B : Below 22747, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23026
Plan D : Cut above 23112
Plan E : Attempt buying if market firms up above 22747 and triggers a buy
Plan F : Cut below 22747
FKLI
Market continued its rally from opening to end in a day where buying interest were seen coming back into the market.
Holding a long
Plan A : 1880-1903.5, do nothing
Plan B : Below 1880, liquidate position
Plan C : Consider take profit if market fails to break above 1903.5
Plan D : Intraday selling can only be considered if market fails to break above 1903.5
Plan E : Cut above 1907
FCPO
FCPO may resume with the rally today as the market has been hovering quite well above support. However, it is not advisable for buyer to chase buying at this stage.
Plan A : Overnight buyer may hold on to position and support level is targeting at 2464. Profit projection is at 2549 and 2639.
Plan B : Intraday investor may range trade within 2549 to 2494.
Plan C : Above 2550, do nothing.
Plan D : Below 2480, 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
0 comments:
Post a Comment