FKLI Updates

09 Oct - Bullish Sentiment Remain, Trader please Buy FKLI!!!

InvestorsDoctor
Publish date: Mon, 09 Oct 2017, 09:11 AM
InvestorsDoctor
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Here we update timely info about FKLI

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Following Message

9/10/2017

 

FKLI Oct 17 Friday Close: 1762 +3

 

US had little changes on last Friday closing, Malaysia market closed higher after better than expected trade surplus. Malaysia's Factors to watch this week included:

1. Industrial production Aug 17, 12PM, Thursday 12 Oct

2. Retail Sales Aug 17, 12PM, Friday 13 Oct

 

On Friday Trading, hourly chart show price testing 1761.5 (61.8% level), buyer had try to breakup these price levels. If price break able to break 1763 (Friday high) to form a higher high, a buy signal will be trigger, and we recommend you to follow. In our telegram, we make a buy call on last Thursday. Please follow us for more timely info.

 

Recommend Trading Plan:

 

1. Buy at 1763.5 with stop at 1757.5

 

Watch out movement of KLCI and whether FKLI able to sustain above 61.8 Fibo level.

 

Margin Requirement

Intraday     MYR2000

Overnight  MYR4000

Spread       MYR500

 

To get more information on local and foreign futures markets, join us on telegram & Facebook.
 
 

 

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