19 July 2018 (Thursday)
FKLI
FKLI continued to surge and closed at the peak at 1759, which was also the monthly's high. The market followed the strong KLCI and inching up, the KLCI has been closing at day's high for four session consecutively, and recorded as eighth rose consecutively. FKLI has been increased for 70.5-pts or 4.18% in July, for only 13 trading days! Today, the global overnight main indices markets generally closed higher, hence we may foresee our market to continue the surge.
Today's planning:
Plan A: Consider selling ONLY if market resisted before 1760, cut above 1763.
Plan B: Continue buying if market supported well above 1748, cut below 1745.
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 and closed at the peak at 1759, which was also the monthly's high. The market followed the strong KLCI and inching up, the KLCI has been closing at day's high for four session consecutively, and recorded as eighth rose consecutively. FKLI has been increased for 70.5-pts or 4.18% in July, for only 13 trading days! Today, the global overnight main indices markets generally closed higher, hence we may foresee our market to continue the surge.
Today's planning:
Plan A: Consider selling ONLY if market resisted before 1760, cut above 1763.
Plan B: Continue buying if market supported well above 1748, cut below 1745.
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.