15 August 2014

HSI Futures

U.S. stocks advanced on Thursday after conciliatory comments from Russia helped ease concerns about escalation of the conflict in Ukraine and offset some uninspiring earnings.

Hong Kong shares finished lower on Thursday, with investors taking profits on Chinese energy firms and companies that posted strong earnings.

Plan A : Above 24999, do nothing
Plan B : Below 24662, do nothing
Plan C : Consider intraday selling if market gaps up but fails to break above 24999
Plan D : Cut above 25186
Plan E : Attempt buying if market corrects further but stays firm above 24662
Plan F : Cut below 24530


FKLI

Market did retraced after touching an intraday high of 1864 but support at 1855 seems to be firm for now. Buyers could continue holding on to their position as long as market stays above 1855

Holding long
Plan A : 1855-1871, do nothing
Plan B : Below 1855, liquidate
Plan C : Above 1871, consider taking profits first
Plan D : Intraday sell can be considered if market surge but fails to break above 1864
Plan E : Cut above 1871


FCPO

FCPO continue to dive to low of 2115 breaking last year low of 2137. Regional competitive substituents are also trading down, therefore, it is not surprised to see market tumble down during the opening hour.

Plan A : Overnight seller hold on to position. Resistance is looking at 2166. Target price is looking at 2103.
Plan B : Fresh seller stay out of market.
Plan C : Buyer need to wait. No trade for today.
Plan D : Above 2170, do nothing.
Plan E : Below 2100, 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