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FKLI ended 16.5-points higher on Friday as investors piled into recently beaten down glove counters such as TopGlove, Harta and Supermax.
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Plan A : Remain buy as long as market supports firmly above 1530. Targets are 1537 and 1542.
Plan B : Consider short if market surges but fails to breach above 1542. Targets are 1534 and 1528.
FCPO
FCPO plummeted the second session, bringing the price back down to 4911. Dalian closed +40 at 9458 while soybean oil traded -0.72 at 58.25. Ringgit stays at RM4.15 against the greenback.
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Plan A : Long only if market supported firm above 4901. Targets are 4937 and 4952.
Plan B : Short if market failed to support above 4901. Targets are 4885 and 4861.
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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....