HSI Futures

U.S. stocks finished little changed on Wednesday, with the Nasdaq up for the first session in five, as investors grappled with the evolving situation in Ukraine but shrugged off concern over weakness in China's economy.

Chinese shares listed in Hong Kong closed at their lowest since July on Wednesday, led by resources-related counters after commodities markets again slumped to multi year lows, with further losses feared ahead of more macroeconomic data.

Plan A : Above 22122, do nothing
Plan B : Below 22610, do nothing
Plan C : Consider selling if market rebounds but fails to break above 22024
Plan D : Cut above 22122
Plan E : Consider buying if market supported well above 22610 and triggers a buy
Plan F : Cut below 22610


FKLI

Although FKLI survived the fate of heavy selling, it still faced with persistent selling whenever it rebounds. Market look likely to recover a little today but a successful close above 1819 will be more important than ever for buyers to feel more comfortable.

Plan A : Attempt selling between 1817-1819
Plan B : Cut above 1822
Plan C : Consider buying only if market holds firm above 1808
Plan D : Cut below 1808


FCPO

Market rebounded to 2858 in the second session and eventually touched 2808 then closed at 2821. FCPO is on its way for correction. First level of target price has arrived and regional competitive substituents are at the negative region. Therefore, seller might be of advantage during opening hour.

Plan A : Overnight seller hold on to position. Resistance looking at 2858 and profit target looking at 2784 and 2719.
Plan B : Intraday investor can try some sell if market rebounded to 2830's level. Resistance 2837 and 2845. Profit target looking at 2784 and 2756.
Plan C : Market might have chance to go on consolidation if 2808 is supported. Therefore, buyer could try some buy at 2810's. Place a stop if market overshot 2800.
Plan D : Above 2865, do nothing.
Plan E : Below 2780, 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