26 November 2014

HSI Futures

U.S. stocks ended little changed on Tuesday as the U.S. economy grew more than expected last quarter but soft readings on consumer confidence and house prices kept major indexes in a tight range.

Hong Kong shares inched down on Tuesday as investors turned cautious and consolidated positions after gains spurred by China's surprise lending-rate cut.

Plan A : Above 23993, do nothing
Plan B : Below 23807, do nothing
Plan C : Consider selling if market gaps up but fails to break above 23993
Plan D : Cut above 24075
Plan E : Attempt buying if market consolidates well and holds firm above 23807
Plan F : Cut below 23642


FKLI

Market continued its strong performance yesterday, touching an intraday high of 1846.5 before settling at 1841.5. Market look likely to remain firm despite some minor profit taking activities.

Holding long
Plan A : 1826-1853.5, do nothing
Plan B : Below 1826, liquidate
Plan C : Above 1853.5, consider taking profits
Plan D : Consider intraday sell if market surges but fails to break above 1853.5
Plan E : Cut above 1862


FCPO

FCPO had U-shape movement yesterday with closing of positive net change. Though market might lean towards a descending pattern overall but it has possibility of forming its consolidation range. Therefore, intraday investor need to be alert.

Plan A : Overnight seller hold on to position unless 2228 is breached. Target is 2165.
Plan B : Intraday investor may trade within range of 2239 to 2200. Place a stop.
Plan C : Above 2240, do nothing.
Plan D : Below 2200, do nothing.
Plan E : Long term buyer stay out.   


*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