21 June 2018 (Thursday)
FKLI
FKLI slightly rebounded to day's high at 1730.5 before the market tumbled down to record a new low after 15-months at 1702 before it to close at 1703. Despite the bearish signal in the market, FKLI has already appeared to be oversold and it is now very near to the major psychological support at 1700. If the market fails to break below this support level, we may expecting a soon-to-come strong rebound.
Today, the global main indices markets are basically rebounded to close slightly higher. Hence, we may hold and see if the market be able to sustain above 1700 and rebound, or no.
Today's planning:
Plan A: Consider selling if market rebounds but resisted before 1723, cut above 1725.
Plan B: Attempt buying ONLY if market supported above 1703, cut below 1700.
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 rebounded to day's high at 1730.5 before the market tumbled down to record a new low after 15-months at 1702 before it to close at 1703. Despite the bearish signal in the market, FKLI has already appeared to be oversold and it is now very near to the major psychological support at 1700. If the market fails to break below this support level, we may expecting a soon-to-come strong rebound.
Today, the global main indices markets are basically rebounded to close slightly higher. Hence, we may hold and see if the market be able to sustain above 1700 and rebound, or no.
Today's planning:
Plan A: Consider selling if market rebounds but resisted before 1723, cut above 1725.
Plan B: Attempt buying ONLY if market supported above 1703, cut below 1700.
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.