26 December 2018 (Monday - Boxing Day)
FKLI
FKLI continued to surge on the Christmas eve due to the year end window dressing effect as the market erased previous losses and surged to two weeks' high. The market opened at almost day's low at 1660 then rebounded rapidly to the tip at 1679 before it closed higher for 10.5-pts or 0.63% at 1675.5.
Today, the movement of global overnight main indices markets continues to decline, even Dow too declined for more than 600-pts or 2.91%. Hence, we may expect FKLI to open low today.
Today's planning:
Plan A: Consider selling if market fails to break above 1675, cut above 1679.
Plan B: Attempt buying if market supported well above 1660, cut below 1656.
Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
FKLI
FKLI continued to surge on the Christmas eve due to the year end window dressing effect as the market erased previous losses and surged to two weeks' high. The market opened at almost day's low at 1660 then rebounded rapidly to the tip at 1679 before it closed higher for 10.5-pts or 0.63% at 1675.5.
Today, the movement of global overnight main indices markets continues to decline, even Dow too declined for more than 600-pts or 2.91%. Hence, we may expect FKLI to open low today.
Today's planning:
Plan A: Consider selling if market fails to break above 1675, cut above 1679.
Plan B: Attempt buying if market supported well above 1660, cut below 1656.
Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.