Thursday, December 25, 2014

26 December 2014

FKLI

U.S. stocks closed flat in a short session on Wednesday as investors found few reasons to push major indexes to their sixth straight day of gains despite strength in biotechs and bullish labor market data. FKLI faced fierce selling after opening high but still managed to close at 1748.5 before going into Christmas Day holiday. 

Plan A : Attempt selling if market fails to break above 1758.5
Plan B : Cut above 1764
Plan C : Consider buying if market were to dip but holds firmly above 1736
Plan D : Cut below 1732


FCPO

Market was sold down towards the eleventh hour last Wednesday. Market is expected to open lower today, moving in tandem with overnight bean. However, losses could be limited with weak Ringgit dominating the market.

Plan A : Attempt buying if market hold firm above 2198
Plan B : Cut below 2185
Plan C : Consider intraday sell if market fails to break above 2210
Plan D : Cut above 2226


  *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


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