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FKLI ended lower on Wednesday, bucking regional trend as banking heavyweights and healthcare-linked counters dragged on the benchmark index.
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Plan A : Remain sell as long as market stays below 1585.5. Targets are 1571.5 and 1567.5.
Plan B : Consider long only if market able to hold firm above 1571.5 and rebound. Targets are 1580.5 and 1585.5.
FCPO
FCPO flattened today, hanging around the borders of 4200-mark. Dalian closed -118 at 8016 while soybean oil traded -0.32 at 57.62. Ringgit stays at RM4.15 against the greenback.
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Plan A : Long if market supported firm above 4194. Targets are 4218 and 4237.
Plan B : Short if market failed to support above 4194. Targets are 4170 and 4149.
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 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.
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....