HSI Futures
U.S. stocks rose on Monday, with the S&P 500 ending both March and the first quarter of 2014 with moderate gains, after Federal Reserve Chair Janet Yellen relieved concerns about a rate hike coming earlier than expected.
Hong Kong shares finished up 0.4 percent on Monday as casino operators gained ahead of the release of monthly Macau gambling revenue data, while China Construction Bank climbed on forecast-beating results.
Holding a long
Plan A : 21999-22472, do nothing
Plan B : Below 21999, liquidate
Plan C : Above 22472, consider taking profits first if it couldn't hold firm
Plan D : Consider turning sell only if market fails to break above 22210 and triggers a sell
Plan E : Cut above 22267
FKLI
FKLI showed its positiveness with another new high level achieved yesterday. Firmer ringgit could help market gain momentum today especially if market could breach and stay firm above 1852
Plan A : Attempt buying between 1841-1844
Plan B : Cut below 1838
Plan C : Consider selling only if market comes close to 1870 and fails to breach through
Plan D : Cut above 1870
FCPO
FCPO broke through its support and it went to a low of 2626 yesterday. Market has gone down quite a bit but it is still not ready for buyer to anticipate. Therefore, buyer need to be patient.
Plan A : Overnight seller consider to take profit around 2599. Resistance looking at 2638.
Plan B : Intraday investor may attempt some buying if support at 2599 is not broken. Wait for market to stabilize and form a support before reacting. Target price looking at 2679. Place a stop.
Plan C : Fresh seller may want to stay out at this stage.
Plan D : Above 2680, do nothing.
Plan E : Below 2590, 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