FKLI

FKLI traded within tight range on last Friday, but on a recovery move as the market sentiment is on the positive vibe where the regional markets and KLCI were boosted with good news.

Plan A : Attempt to long if market rebounds from 1592. Cut below 1588.

Plan B : Targets are 1595, 1598.5 and 1601.

Plan C : Consider to short if market falls below 1588. Cut above 1592.

Plan A : Short if market recovers but fails to regain footings above 2865. Targets are 2837 and 2827.

Plan B : Long if market supported firmly above 2837. Targets are 2864 and 2873.

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, 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.