18 March 2019 (Monday)
FKLI
FKLI slightly closed higher on on last Friday despite it was still hovering between tight range of 1666-1680, but still unable to breach through 1680. The market then slightly corrected and closed higher for 6.5-pts or 0.39% at 1676.5.
Today, the movement of global overnight main indices markets were closed higher, even Dow too closed higher for more than 100-pts or 0.54%, hence we may expecting the market to be able to break above the resistance level at 1680.
Today's planning:
Plan A: Consider selling if market resisted before 1680, cut above 1683.
Plan B: Attempt buying if market supported firm above 1670, cut below 1667.
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 slightly closed higher on on last Friday despite it was still hovering between tight range of 1666-1680, but still unable to breach through 1680. The market then slightly corrected and closed higher for 6.5-pts or 0.39% at 1676.5.
Today, the movement of global overnight main indices markets were closed higher, even Dow too closed higher for more than 100-pts or 0.54%, hence we may expecting the market to be able to break above the resistance level at 1680.
Today's planning:
Plan A: Consider selling if market resisted before 1680, cut above 1683.
Plan B: Attempt buying if market supported firm above 1670, cut below 1667.
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.