Monday, April 6, 2015

7 April 2015


FKLI

U.S. stocks rose on Monday as expectations the Federal Reserve could hold off longer on raising U.S. interest rates offset concerns over Friday's surprisingly weak monthly jobs report. FKLI continue rally further with market closed at almost day's high level amid intraday short covering. 

Plan A : Attempt long if market were to correct and holds firmly above 1843
Plan B : Cut below 1837
Plan C : Consider intraday sell if market surge but fails to break above 1864
Plan D : Cut above 1871


FCPO

FCPO made its way up to the top after a long stretch of consolidation period. 


Plan A : Overnight buyer may hold on to position. Support is looking at 2216. Target is 2309 and 2380.
Plan B : Intraday investor may buy if market could support above 2223. Target is 2264 and 2280.
Plan C : Seller may stay out today.
Plan D : Above 2260, do nothing.
Plan E : Below 2220, 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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