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FKLI still struggling to find momentum to push higher as sellers were seen pressing down the market whenever there's any up surge. Market look likely to face further selling pressure today especially after a 546-points fall from overnight Dow.
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Plan A : Attempt sell if market trades below 1531. Targets are 1524 and 1520.
Plan B : Consider long only if market supports above 1520 and rebound. Targets are 1531 and 1536.
FCPO
FCPO flattened after pushing to a new threshold yesterday. Dalian is closed for a week till next Thursday while soybean oil traded -0.25 at 58.44. Ringgit slightly strengthen against the greenback at RM4.17.
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Plan A : Long if market supported firm above 4575. Targets are 4596 and 4621.
Plan B : Short if market failed to support above 4575. Targets are 4552 and 4531.
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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....