By: Bullseye
11/01/2013
Topic: FKLI Trading Strategies for 14/01/2013
Okay,
today I will keep my information short, simple and clear cut, I’ve studied
today’s FKLI market and with this I would like to provide you my analysis which
I’ve calculated for tomorrow:
FKLI (JAN 2013)
We’ve
seen our FKLI closed at 1683.5 today, with 1694.5 as the highest and 1681 as
the lowest. Therefore I would advice to set the strategy as follow:
[click to enlarge]
Technical
Chart Analysis
Through our chart, although the trend is still considered as
upwards trend, but FKLI’s attempt has to do breakthrough from 100 days moving
average has worsen, it seems that this retracement period is inevitable.
Strategy
For 14/1/2013
The
“Cooling Off” period seems to be prolonging and we would remain conservative
towards the trend and we are looking forward to gain through a slight re-bounce
from the supporting level of 1678 to 1672.5.
In
conclusion, we would advise traders to long between 1678 to 1672.5 and take
profit at resistance level of 1691.5 to 1699.5
Disclaimer:
The information and analysis mentioned above are solely based on Invest ACE’s
personal technical analysis with the aid of professional training, decades of
experience and meticulous foresight; Invest ACE shall NOT be held liable for any
losses (financially or otherwise) incurred by any parties relying on
aforementioned analysis without prior professional consultation. Should you
wish to find out more on how to invest wisely, do not hesitate to contact
Invest ACE via investace126@gmail.com.
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