HSI Futures
U.S. stocks rose on Friday, rebounding a day after the S&P 500 suffered its worst slide since April 10, with the three major indexes closing higher for the week. U.S. is due to release its CPI data tomorrow.
Hong Kong shares ended lower on Friday, tracking losses in global markets after the downing of a Malaysian Airlines plane over Ukraine sent investors scurrying into defensive assets.
Holding a sell
Plan A : 23201-23639, do nothing
Plan B : Above 23639, cut
Plan C : Below 23201, consider taking profits if market rebounds after a lower opening
Plan D : Consider turning buy if market holds above 23201 and triggers a buy again
Plan E : Cut below 23201
FKLI
Market was beaten down last Friday with market closing at 1873. Although it could rebounds today, people might be taking this chance to do selling instead. Beware of being too bullish at this stage as it could only be a technical rebound before continue trending down south.
Plan A : Attempt selling if market rebounds but fails to break above 1881.5
Plan B : Cut above 1888
Plan C : Consider buying if market stubbornly holds above 1871
Plan D : Cut below 1868
FCPO
FCPO was running on consolidation last Friday and though the overlook has seemed stabilized, investor might want to look and see before reacting. Regional is trading slightly down and opening might be lower for FCPO.
Plan A : Fresh seller might want to stay out at this point as market might be too low to sell.
Plan B : Buyer may consider to buy if market could support above 2289. Profit target is looking at 2318 for intraday investor and 2391 as near term target.
Plan C : Above 2330, do nothing.
Plan D : Below 2280, 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
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