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FKLI opened higher on Thursday before retreated thereafter on profit taking activities following recent gains and ahead of the announcement of Malaysian Budget 2022 and CPI data.
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Plan A : Attempt buy if market corrects but supports firmly above 1571. Targets are 1587 and 1598.
Plan B : Remain short as long as market stays below 1598. Targets are 1581 and 1571.
FCPO
FCPO continue to walk down South, following the momentum from yesterday. Dalian closed -566 at 9416 while soybean oil traded +0.06 at 62.64. Ringgit stays at RM4.15 against the greenback.
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Plan A : Long if market supported firm above 4892. Targets are 4915 and 4936.
Plan B : Short if market failed to support above 4892. Targets are 4871 and 4849.
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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....