FKLI
Market continued its surge and closed at day's high level before going into the weekend. With the absence of any leads after the long Easter Holiday, market could open little changed today. However, market undertone is expected to remain firm for the time being.
Plan A : Attempt buying if market were to correct and hold firm above 1832
Plan B : Cut below 1827
Plan C : Consider intraday sell if market were to surge but fails to break above 1848
Plan D : Cut above 1855
FCPO
FCPO hold firm above 2170 and subsequently surged amid short covering towards the end of trading last week. Market could potentially surge higher today if market continue to hold firm and surge beyond 2198 today. A convincing break out from the range of 2143-2198 would dictate next market direction.
Plan A : Consider buying if market were to retrace but holds firm above 2182
Plan B : Cut below 2171
Plan C : No selling to be attempted for the time being despite strong Ringgit
Plan D : Above 2220, do nothing
Plan E : Below 2171, do nothing
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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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