HSI Futures
U.S. stocks fell for a fifth straight session Thursday as bank results disappointed and investors fretted over the potential impact of global economic weakness on U.S. corporate earnings.
Hong Kong shares finished higher on Thursday afternoon, reacting to a surge in stock markets on the mainland that were boosted by prospects of more stimulus measures to support economic growth.
Plan A : Above 24581, do nothing
Plan B : Below 24154, do nothing
Plan C : Consider intraday sell if market fails to break above 24480 and retrace
Plan D : Cut above 24581
Plan E : Attempt buying if market corrects and hold firm above 24267
Plan F : Cut below 24154
FKLI
Market hold firm throughout yesterday with market settling at 1744. Market is expected to open lower today after a roller coaster ride in crude oil prices and Ringgit yesterday night. Losses however, could be limited as buyers continue to support the market.
Plan A : Attempt intraday sell if market stays below 1745.5
Plan B : Cut above 1757.5
Plan C : Consider buying if market retrace and hold firmly above 1733
Plan D : Cut below 1722
FCPO
FCPO faced strong selling pressure after surged up to 2395 causing market to close lower on the last trading day. Market had been quite choppy lately and currently there is no visible trend yet. Therefore, short term investor may be good for trading.
Plan A : Short term buyer may buy if market could support above 2334. Target is 2399.
Plan B : Short term seller may sell if market come near but could not break 2412. Target is 2334.
Plan C : Intraday investor may range trade 2334 to 2395.
Plan D : Above 2410, do nothing.
Plan E : Below 2330, 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