Thursday, January 29, 2015

30 January 2015

HSI Futures

U.S. stocks enjoyed a late afternoon rally and closed higher on Thursday as an upturn in oil prices and a rally in Apple and Boeing shares helped offset some disappointing earnings and lingering questions over U.S. monetary policy.

Hong Kong shares fell on Thursday, dragged down by weakness in regional markets, especially losses on the mainland, and as investors braced for an imminent rise in U.S. interest rates. Japan will release a raft of monthly indicators on Friday which includes inflation, factory output, trade, jobs and household spending.

Plan A : Above 24816, do nothing
Plan B : Below 24487, do nothing
Plan C : Attempt selling if market fails to breach above 24691
Plan D : Cut above 24816
Plan E : Consider intraday buy if market holds above 24589 and rebounds
Plan F : Cut below 24487


FKLI

Market tumbled yesterday in a massive sell off throughout the day. Market however, should be firmer today before going into long weekend holiday amid stronger regional markets.

Plan A : Attempt long if market holds firm above 1773
Plan B : Cut below 1768
Plan C : Consider intraday sell if market rebounds but fails to break above 1786
Plan D :Cut above 1794


FCPO


FCPO slumped terribly yesterday to low of 2128 at the eleventh hour. History may repeat despite weaker Ringgit as overnight soybean oil and Dalian markets continue to plunge significantly. 

Plan A : Overnight seller hold on to position. Resistance is 2157. Target is 2021.
Plan B : Intraday investor may sell if market could rebound and resisted at 2157. Target is 2103 and 2083.
Plan C : Buyer stay out.
Plan D : Above 2160, do nothing.
Plan E : Below 2120, 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  



Wednesday, January 28, 2015

29 January 2015

HSI Futures

U.S. stocks closed down on Wednesday, driven by a sharp decline in the S&P 500 energy sector, after the Federal Reserve said the domestic economy was growing at a solid pace, signaling it remains on track to raise interest rates later this year.

Hong Kong's key share index rebounded on Wednesday as investors speculated that the Federal Reserve may delay raising interest rates until the second half of the year.

Plan A : Above 25066, do nothing
Plan B : Below 24690, do nothing
Plan C : Attempt selling if market stays trading below 24816
Plan D : Cut above 25066
Plan E : Consider buying if market holds above 24690 and triggers a buy
Plan F : Cut below 24690


FKLI

Market tumbled in the afternoon after failing to hold firm above 1800 level. Market is expected to be sluggish today after another heavy drop from overnight Dow. Upcoming long weekend holiday too, will be another concerns for the investors.

Plan A : Attempt selling near 1798 level
Plan B : Cut above 1808
Plan C : Buying to be considered only if market dives and hold firm above 1773
Plan D : Cut below 1768


FCPO

Weak bean and dalian is going dominate this morning's opening. Market is expected to open gap down today, possibly around 2182 level. Market is expected to face persistent selling pressure after crude oil came to another new low level.

Plan A : Attempt selling if market stays below 2187
Plan B : Cut above 2210
Plan C : Buying to be considered only if market dives and hold firmly above 2133
Plan D : Cut below 2119


*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  

Tuesday, January 27, 2015

28 January 2015

HSI Futures

U.S. stocks closed more than 1 percent lower on Tuesday as disappointing results from a number of bellwether companies pointed to weakening conditions, while an unexpected decline in durable goods orders also weighed on sentiment.

Hong Kong shares snapped a five-day winning streak on Tuesday, dragged down by losses in mainland China markets.

Plan A : Above 25066, do nothing
Plan B : Below 24690, do nothing
Plan C : Attempt selling if market stays trading below 24816
Plan D : Cut above 25066
Plan E : Consider buying if market holds above 24690 and triggers a buy
Plan F : Cut below 24690


FKLI

Market went through a choppy trading yesterday before settling at 1801. Sustainability of it would be at test today as market is expected to open lower, following Dow's lead. Market must at least close above 1793 today to avoid any further selling ahead of the long weekend holiday.

Plan A : Attempt selling if market stays trading below 1800
Plan B : Cut above 1808
Plan C : Consider intraday buy only if market holds stubbornly above 1793
Plan D : Cut below 1785


FCPO


FCPO rebounded yesterday during second session after touching the low of 2151 yesterday. Dalian and soybean oil are trading slightly weaker while Ringgit hovered around RM3.60 to RM3.61. 

Plan A : Resistance for overnight seller is 2194. Target is 2120.
Plan B : Buyer may buy if market could support above 2167. Target is 2216 and 2248.
Plan C : Fresh seller stay out.
Plan D : Above 2220, do nothing.
Plan E : Below 2160, 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  

Monday, January 26, 2015

27 January 2015

HSI Futures

U.S. stocks edged higher on Monday as investors brushed off fears that a leftist victory in Greece would bring fresh crisis to the Euro zone and energy stocks advanced.

Hong Kong shares inched up on Monday to notch a fifth consecutive day of gains, shrugging off renewed concerns over potential instability in the euro zone after an anti-austerity party won the Greek general election.

Plan A : Above 25066, do nothing
Plan B : Below 24787, do nothing
Plan C : Consider selling if market fails to break above 25066 and triggers a sell
Plan D : Cut above 25239
Plan E : Consider buying if market holds stubbornly above 24787
Plan F : Cut below 24704


FKLI

Market showed signs of weakness yesterday despite successfully hold above 1792. Failure to regain its footing above 1800 might trigger more selling activities for the next few days.

Plan A : Consider buying if market breach and hold firm above 1799 today
Plan B : Cut below 1792
Plan C : Attempt selling only if market test 1823 level and fails to breach through
Plan D : Cut above 1832


FCPO

FCPO continued to dive to low of 2170 and closed at 2175. Market remains bearish outlook though Ringgit still weakened at RM 3.60 against the greenback. Overnight soybean oil is down 52 cents while Dalian is insignificant.

Plan A : Overnight seller may have exited yesterday but if you have not, resistance is 2194. Target is 2120.
Plan B : Intraday investor may sell if market could rebound and resisted at 2194. Target is 2152.
Plan C : Above 2200, do nothing.
Plan D : Below 2170, 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  


Sunday, January 25, 2015

26 January 2015

HSI Futures

U.S. stocks fell modestly on Friday, pressured by underwhelming corporate news including guidance from economic activity bellwether UPS and as materials stocks fell after bearish notes.

Hong Kong shares extended a global rally on Friday to reach their highest level in more than four months after the European Central Bank launched a landmark bond-purchasing stimulus programme to support the euro zone economy. Australian markets are closed for "Australia Day" Holiday today.

Plan A : Above 25066, do nothing
Plan B : Below 24761, do nothing
Plan C : Consider intraday sell if market fails to break above 25066 and retrace
Plan D : Cut above 25239
Plan E : Attempt buying if market retrace and hold firm above 24787
Plan F : Cut below 24704


FKLI

Market continued to surge last Friday with market closing at 1808 for the week. Market is expected to open slightly lower today amid weak U.S. markets but fall could be limited with immediate support stood at 1798.

Plan A : Consider long if market hold stubbornly above 1792
Plan B : Cut below 1786
Plan C : Attempt selling if market surges but fails to break above 1823
Plan D : Cut above 1832


FCPO


FCPO was weak last Friday with narrow trading range. Overnight soybean oil is down 37cents and Dalian is trading slightly down early morning.

Plan A : Seller may hold on to position. May consider to take profit if 2200 target is achieved.
Plan B : Intraday investor may stay out today.
Plan C : Buyer may wait for market to stabilize.
Plan D : Above 2200, do nothing.
Plan E : Below 2250, 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  


Thursday, January 22, 2015

23 January 2015

HSI Futures

The S&P 500 and Nasdaqturned positive for the year as U.S. stocks rallied on Thursday on the back of a larger than anticipated stimulus from the European Central Bank. The ECB will buy 60 billion euros worth of assets per month, more than markets had been hoping for, in a program that will last through September 2016.

Hong Kong shares rose a third consecutive day on Thursday, lifted by wide expectations the European Central Bank is about to roll out a stimulus programme to boost the euro zone's flagging economy. Focus will fall on HSBC's January flash reading of China's PMI due at 9.45am this morning. 

Plan A : Above 24761, do nothing
Plan B : Below 24335, do nothing
Plan C : Consider selling if market fails to break above 24761 and triggers a sell
Plan D : Cut above 24761
Plan E : Attempt buying if market holds firm above 24507
Plan F : Cut below 24335


FKLI

Market rallied yesterday in anticipation of ECB's stimulus. Market is expected to hold firm today despite possibility of profit taking selling. 

Plan A : Consider intraday sell only if market fails to break above 1798
Plan B : Cut above 1810
Plan C : Attempt buying if market retrace and hold firm above 1775
Plan D : Cut below 1768


FCPO

FCPO slumped to low of 2242 after a rebound in the morning. Dalian and soybean oil are weak in trading with strengthening Ringgit at RM 3.59 against the greenback.

Plan A : Overnight seller hold on to position. Resistance is 2282. Target is 2200.
Plan B : Intraday investor may sell at rebound. Resistance is 2254. Target is 2200.
Plan C : Above 2270, do nothing.
Plan D : Below 2240, do nothing.
Plan E : 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  

Wednesday, January 21, 2015

22 January 2015

HSI Futures

U.S. stocks edged up in a choppy Wednesday session as traders digested reports that new stimulus would be announced by the European Central Bank at its Thursday meeting, while declines in IBM limited gains.

Hong Kong shares rose on Wednesday, in line with most Asian markets, as mainland stocks had big gains and investors expect China to make stimulus moves to boost economic growth.

Plan A : Above 24466, do nothing
Plan B : Below 24056, do nothing
Plan C : Consider intraday sell if market fails to break above 24466 and retrace
Plan D : Cut above 24508
Plan E : Attempt buying if market hold stubbornly above 24195
Plan F : Cut below 24056


FKLI

Market surged fiercely yesterday, triggering a lot of short covering and eventually settled at 1771, gaining 25-points for the day. Market could face some mild profit taking selling today but pullback could be minimal with expectation of aggressive ECB stimulus due to be announced today.

Plan A : Consider intraday sell only if market fails to break above 1778.5
Plan B : Cut above 1788
Plan C : Wait for retracement to buy, possibly around the 1758 level
Plan D : Cut below 1752


FCPO

FCPO finally escaped from the consolidation range and dive to low of 2270 yesterday. Market has shown a downtrend eventuate from the rocky trading since early of the year. Ringgit continue to stay above RM 3.61 against the greenback while overnight soybean oil is down 43 cents and Dalian is slightly down.

Plan A : Overnight seller hold on to position. Resistance is 2304. Target is 2249 and 2200.
Plan B : Intraday investor might sell if market could rebound and resisted at 2293. Target is 2249.
Plan C : Buyer stay out of market.
Plan D : Above 2300, do nothing.
Plan E : Below 2270, 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  


Tuesday, January 20, 2015

21 January 2015

HSI Futures

U.S. stocks closed little changed on Tuesday after the International Monetary Fund reduced its growth forecasts for 2015 and 2016, increasing speculation central banks would take more aggressive policy moves to spark economic improvement.

Hong Kong shares rose on Tuesday after mainland indexes rebounded on comments by China's securities regulator that it was not trying to suppress that market's rally.

Plan A : Above 24056, do nothing
Plan B : Below 23629, do nothing
Plan C : Consider selling if market fails to break above 24056 and triggers a sell
Plan D : Cut above 24195
Plan E : Attempt buying if market hold firmly above 23883
Plan F : Cut below 23708


FKLI

Market seems like creating a churning top amid weaker RM and also lack of leads from Budget 2015 Adjustment. Sellers could comes in today especially if market were to remain trading below 1750 level.

Plan A : Attempt selling if market fails to break above 1750
Plan B : Cut above 1758
Plan C : Consider intraday buy if market retrace to 1740 and hold firm
Plan D : Cut below 1733


FCPO


FCPO took a scroll down the rocky way lately with sudden gaps over the sessions. With Ringgit at RM 3.62 against the greenback, market swiftly made an U-turn and touched the high at 2346 but effort proven in vain when prices slumped at the eleventh hour yesterday. Overnight soybean oil was down 55 cents while Dalian is slightly up today. 

Plan A : Intraday investor may range trade within 2297 to 2346.
Plan B : Seller may attempt selling only if market trade below 2330. Place a stop. Target is 2297 and 2282.        
Plan C : Above 2350, do nothing.
Plan D : Below 2300, 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  

Monday, January 19, 2015

20 January 2015

HSI Futures

European shares hit a seven-year high on Monday, rising for a third day as Italian banks rallied on the prospect of a corporate governance revamp, and Swiss stocks clawed back some of last week's losses.

China stocks suffered their biggest one-day percentage drop since the global financial crisis, dragged down by record tumbles for banks as authorities battled market speculation that fuelled a late 2014 spurt in share prices. A raft of data from China due to release today will be main focus for investors today.

Plan A : Above 24056, do nothing
Plan B : Below 23629, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 23883
Plan D : Cut above 24056
Plan E : Consider intraday buy if market supports above 23629 and rebounds
Plan F : Cut below 23464


FKLI

Market hold firm throughout yesterday but focus will turn to adjustments to Budget 2015 due to announced by Prime Minister, Datuk Seri Najib Razak today.

Plan A : Attempt selling if market opens higher but fails to break above 1753
Plan B : Cut above 1758
Plan C : Consider a long if market holds stubbornly above 1739
Plan D : Cut below 1733


FCPO


FCPO started to trend down in charts despite the weaker Ringgit at RM 3.58 against the greenback. However, market might just be taking a short breather as the weaker Ringgit may limit the downside of the market. 

Plan A : Overnight seller hold on to position. Resistance is looking at 2337. Target is 2249.
Plan B : Fresh seller or intraday investor may sell if market resisted at 2330. Target is 2282.
Plan C : Buyer may stay out of market.
Plan D : Above 2340, do nothing.
Plan E : Below 2300, 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  

Sunday, January 18, 2015

19 January 2015

HSI Futures

U.S. stocks rallied on Friday after five sessions of losses, helped by a sharp rebound in energy shares and data that signaled the U.S. economy was on track for solid growth. U.S. markets will be close for Martin Luther King Jr. Day celebration today.

Hong Kong shares drifted downward on Friday as losses on Wall Street spread to Asia. Global markets are keenly awaiting China's fourth quarter growth figures on Tuesday and the ECB policy decision on Thursday.

Plan A : Above 24480, do nothing
Plan B : Below 24053, do nothing
Plan C : Attempt selling if market fails to hold above 24153
Plan D : Cut above 24317
Plan E : Consider intraday buy if market holds firm above 24216 and surge
Plan F : Cut below 24053



FKLI

Market survived an early scare last Friday before rebounding from a low of 1725 and settled at 1735 for the day. Market will continue to hold its fortress above 1730 today, pending any negative setbacks.

Plan A : Attempt buying if market holds firmly above 1730
Plan B : Cut below 1722
Plan C : Consider selling if market fails to break above 1742
Plan D : Cut above 1745.5


FCPO

FCPO lost its ground after tipping at the recent high. Market is showing some weakness in charts since last Friday but with stronger Dalian and soybean oil markets today, FCPO might open slightly higher.

Plan A : Seller may sell if market rebounded and could not break 2330 or 2346. Target is 2249.
Plan B : Buyer may stay out at this stage.
Plan C : Above 2340, do nothing.
Plan D : Below 2310, 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  




Thursday, January 15, 2015

16 January 2015

HSI Futures

U.S. stocks fell for a fifth straight session Thursday as bank results disappointed and investors fretted over the potential impact of global economic weakness on U.S. corporate earnings.

Hong Kong shares finished higher on Thursday afternoon, reacting to a surge in stock markets on the mainland that were boosted by prospects of more stimulus measures to support economic growth.

Plan A : Above 24581, do nothing
Plan B : Below 24154, do nothing
Plan C : Consider intraday sell if market fails to break above 24480 and retrace
Plan D : Cut above 24581
Plan E : Attempt buying if market corrects and hold firm above 24267
Plan F : Cut below 24154


FKLI

Market hold firm throughout yesterday with market settling at 1744. Market is expected to open lower today after a roller coaster ride in crude oil prices and Ringgit yesterday night. Losses however, could be limited as buyers continue to support the market.

Plan A : Attempt intraday sell if market stays below 1745.5

Plan B : Cut above 1757.5

Plan C : Consider buying if market retrace and hold firmly above 1733

Plan D : Cut below 1722


FCPO

FCPO faced strong selling pressure after surged up to 2395 causing market to close lower on the last trading day. Market had been quite choppy lately and currently there is no visible trend yet. Therefore, short term investor may be good for trading.

Plan A : Short term buyer may buy if market could support above 2334. Target is 2399.
Plan B : Short term seller may sell if market come near but could not break 2412. Target is 2334.
Plan C : Intraday investor may range trade 2334 to 2395. 
Plan D : Above 2410, do nothing.
Plan E : Below 2330, 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 

Wednesday, January 14, 2015

15 January 2015

HSI Futures

U.S. stocks fell for a fourth day on Wednesday as a World Bank forecast fueled concerns about global economic weakness and copper prices sank, although a late-day rebound in energy shares left the market well off its lows after a volatile session.

Hong Kong shares fell on Wednesday, in line with most regional markets hurt by declining commodity prices and after the city's chief executive said the government will suspend an immigrant investor programme.

Holding short
Plan A : 23896-24256, do nothing
Plan B : Above 24256, cut
Plan C : Below 23896, consider taking profits if market rebounds
Plan D : Intraday buying to be considered only if market holds firm above 24075 and triggers a buy
Plan E : Cut below 23896


FKLI

Market faced persistent selling pressure yesterday after touching an intraday high level of 1747. Market could continue to struggle today if overnight Dow were to be taken as a cue. However, spike in crude oil could help rebounds in oil and gas stocks.

Plan A : Consider buying only if market were to hold firm above 1733
Plan B : Cut below 1722
Plan C : Attempt selling if market rebounds but fails to break above 1745.5
Plan D : Cut above 1757


FCPO

After a few days of wild run, FCPO slowed down its pace and started to tighten the range. Market has no trend right now while consolidation takes place. Dalian and soybean oil are quite mixed while Ringgit marked at RM 3.57.

Plan A : Seller may sell if market could not break 2354. Target is 2334 and 2310. Place a stop.
Plan B : Intraday investor may range trade within 2324 to 2375.  
Plan C : Overnight buyer may hold on unless 2334 is breached. Target is 2393.
Plan D : Above 2380, do nothing.
Plan E : Below 2320, 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 

Tuesday, January 13, 2015

14 January 2015

HSI Futures

U.S. stocks ended down slightly in a volatile session on Tuesday, led by a drop in materials and energy shares following further weakness in commodity prices.

Hong Kong shares rose for the fifth consecutive day on Tuesday, helped by inflows from investors who like the plan by Asia's richest man, Li Ka-shing, to split his conglomerate into two listed companies.

Holding long
Plan A : 24066-24417, do nothing
Plan B : Below 24066, liquidate
Plan C : Above 24417, consider taking profits first if it couldn't hold firm
Plan D : Consider turning sell only if market fails to break above 24329 and triggers a sell
Plan E : Cut above 24417


FKLI

Market performed a remarkable turnaround yesterday, rebounding from a low of 1722 before settling at 1743.5. Market could face some profit taking selling today but will still be deemed firm as long as it holds firm above 1735.

Plan A : Attempt long if market corrects and holds firm above 1735
Plan B : Cut below 1729
Plan C : Consider selling only if market surges towards 1758 but fails to breach through
Plan D : Cut above 1765


FCPO

FCPO ended slightly lower yesterday due to last minute pull down before market closed. Dalian and soybean oil markets are quite mixed while weaker Ringgit limits the downside of the market. Market is likely to consolidate for the mean time.

Plan A : Intraday investor may range trade within 2383 to 2324.
Plan B : Short term seller may sell if market come near but could not break 2400. Target is 2334.
Plan C : Short term buyer may buy market could support above 2320. Target is 2393.
Plan D : Above 2400, do nothing.
Plan E : Below 2320, 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 

Monday, January 12, 2015

13 January 2015

HSI Futures

U.S. stocks fell for a second straight session on Monday, led by another sharp decline in energy shares as oil prices tumbled about 5 percent and concern grew ahead of corporate earnings season.

Hong Kong's key share index edged up on Monday, lifted by the business restructuring plan announced late on Friday by Li Ka-shing, Asia's richest man.

Holding long
Plan A : 23983-24329, do nothing
Plan B : Below 23983, liquidate
Plan C : Above 24329, consider taking profits if market couldn't hold firm
Plan D : Consider turning sell only if market fails to break above 24133 and triggers a sell
Plan E : Cut above 24329


FKLI

Market failed to stay firm above 1737.5 despite touching an intraday high of 1738 yesterday. Weak overnight Dow is going to dampen any hopes of surging further today. Late buyers are expected to be under pressure today especially if selling activities were to turn aggressive today.

Plan A : Attempt selling around 1733 level
Plan B : Cut above 1738
Plan C : Buying to be considered only if market test and holds firm above 1709
Plan D : Cut below 1699.5


FCPO


FCPO corrected to 2328 yesterday but it managed to ramp back up to 2371 before closing and settled at 2363. Today could be a bit confusing as Dalian and overnight soybean oil markets are down drastically.  A gap down in the morning might be imminent.

Plan A : Overnight buyer exited yesterday as support is breached. Exit if you have not.
Plan B : Intraday investor may sell if market could rebound and resisted around 2334 or 2349. Target is 2285. Place a stop.
Plan C : Above 2350, do nothing.
Plan D : Below 2310, do nothing.
Plan E : Fresh 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 

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