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FKLI ended on positive note on Tuesday on bargain hunting as investors picked up beaten-down counters after Monday's sharp fall.
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Plan A : Remain sell as long as market stays below 1549. Targets are 1530 and 1522.
Plan B : Consider long if market supports firmly above 1530 and rebounds. Targets are 1542 and 1549.
FCPO
FCPO surged after a lower open this morning. The market erased the losses made yesterday and continue to move up North. Dalian closed +270 at 9940 while soybean oil traded +0.23 at 62.22. Ringgit stays at RM4.15 against the greenback.
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Afternoon Plan
Plan A : Long if market retraced but supported firm above 5018. Targets are 5039 and 5062.
Plan B : Short only if market failed to support above 5018. Targets are 4995 and 4976.
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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....