30 June 2014

HSI Futures

U.S. stocks ended modestly higher on Friday, led by technology shares, though downbeat second-quarter and full-year forecasts from DuPont Co kept a lid on gains.

Hong Kong shares ended mixed on Friday after strong gains in the previous session, with weakness in insurance stocks weighing on sentiment.

Plan A : Above 23305, do nothing
Plan B : Below 23026, do nothing
Plan C : Consider selling if market surge but fails to break above 23305
Plan D : Cut above 23477
Plan E : Attempt buying if market holds firm above 23026 and triggers a buy after a lower opening
Plan F : Cut below 23026


FKLI

Market showed signs of weakness but still managed to hold above 1880 for the time being

Holding a long
Plan A : 1880-1892.5, do nothing
Plan B : Below 1880, liquidate
Plan C : Above 1892.5, consider taking profits first
Plan D : Intraday selling can be considered if market once again fails to break above 1892.5
Plan E : Cut above 1895


FCPO

It was a pretty bad performance from FCPO last Friday. Several support levels were broken. Any recovery would be expected to be weak as market seems to be heading south for now.

Plan A : Above 2475, do nothing
Plan B : Below 2418, do nothing
Plan C : Attempt selling between 2459-2464
Plan D : Cut above 2475
Plan E : Consider intraday buy if market rebounds from 2418
Plan F : Cut below 2396


*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