Morning traders, 
On our technical watch: FGV-C29 

FGV-C29 
- Breakout from downtrend line. Possible to accumulate on pull-back. 
- Effective Gearing 4.42X 
- Sensitivity at 3 ticks 
- Expires on 8 Jan 18 (long to expiry) 

Currently, FGV is trading @ RM1.75 & FGV-C29 @ RM0.065

Warrant Education:

* Effective Gearing means if FGV moves up by 1%, FGV-C29 moves up by c.4.42%.

* Sensitivity means FGV must move up by 3 ticks (3 cents) to cause a 1 tick movement in FGV-C29

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