27 November 2017 (Monday)
FKLI opened lower and went lower on last Friday, tipped at 1719 and dipped to 1713.5 before settled at 1716. Market again stranded between 1710-1720, trading in tight range. Traders are advised to be careful as the market has not shown any trend yet, any break-up or break-down is possible at this moment.
Today's planning:
Plan A: Attempt selling if market fails to break above 1718, cut above 1720.
Plan B: Attempt buying if market supported at 1711, cut below 1709.
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 opened lower and went lower on last Friday, tipped at 1719 and dipped to 1713.5 before settled at 1716. Market again stranded between 1710-1720, trading in tight range. Traders are advised to be careful as the market has not shown any trend yet, any break-up or break-down is possible at this moment.
Today's planning:
Plan A: Attempt selling if market fails to break above 1718, cut above 1720.
Plan B: Attempt buying if market supported at 1711, cut below 1709.
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.