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FKLI rose 3.5-points on Tuesday, tracking regional markets gains amid overnight rally in U.S.. Market however, still very much caught within its consolidation trading range.
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Plan A : Attempt short if FKLI trades below 1576 consistently. Targets are 1569 and 1560.
Plan B : Consider long only if market trades firmly above 1569 and rebound. Targets are 1576 and 1580.5.
FCPO
FCPO surged this morning bringing the prices back to 3400-mark. Dalian closed +100 at 6984 while soybean oil traded +0.72 at 58.71. Ringgit weaken against the greenback at RM4.16.
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Plan A : Long only if market supported firm above 3479. Targets are 3500 and 3522.
Plan B : Short if market failed to support above 3479. Targets are 3456 and 3435.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....