28 December 2020 BMD

                         We are expanding to                    global  markets 

 See next article for the trade plan

LOCAL MARKET

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FKLI    

Market is expected to be quiet this week, being the final week of year 2020. FKLI likely to have a muted open today, coming back unscathed from the long Christmas weekend. 

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Plan A : Remain buy as long as market stays firm above 1634.5. Targets are 1644 and 1658.5. 

Plan B : Consider sell if market surges but fails to breach above 1658.5. Targets are 1647 and 1639.

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com 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.