HSI Futures
U.S. stocks fell on Thursday, erasing most of the S&P 500's year-to-date gain, as banking and technology stocks led the sell-off.
Hong Kong shares fell on Thursday, dragged down by index tech heavyweight Tencent Holdings after U.S-listed peers declined, while CITIC Pacific Ltd. jumped after its parent company injected assets into the firm.
Holding a long
Plan A : 21779-22210, do nothing
Plan B : Below 21779, cut
Plan C : Above 22210, consider taking profits first
Plan D : Consider turning sell if market once again fails to break above 21999 and triggers a sell
Plan E : Cut above 22049
FKLI
FKLI closed at almost day's high level and look set for a firm close for the month. Retracement will be mild as market stays firm above 1841
Plan A : Long around 1841
Plan B : Cut below 1837 if it ever retrace
Plan C : Do not consider selling unless market comes close to 1870
Plan D : Cut above 1872
FCPO
Market was quite wild yesterday triggering the high of 2695 in split seconds then tumbling down with no mercy. Market is still on its way down.
Plan A : Overnight seller might want to consider to take profit around support of 2599. Otherwise, hold on to position. Resistance at 2671.
Plan B : Intraday investor could try selling at rebound. Resistance looking at 2671 and profit target looking at 2628.
Plan C : Buyer may need to wait for market to stabilize before reacting. No support has seen to form along the way. Wait and see at second session.
Plan D : Above 2690, do nothing.
Plan E : Below 2580, 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
Created by Futurescoin | Jan 23, 2024
Created by Futurescoin | Jan 22, 2024
Created by Futurescoin | Jan 19, 2024
Created by Futurescoin | Jan 18, 2024
Created by Futurescoin | Jan 16, 2024