Is FKLI Falling Apart?

By: Bullseye

22/1/2013

Topic:  Is FKLI falling apart?

Yesterday, I believe it was a disaster for lots of investors as the FKLI index has trumped more than 2% from its recent high. Why is this happening? Rumors are spreading that our honorable Prime Minister had hinted about the upcoming general election is round the corner, everyone had panicked and launched a “selling phenomena” which causes our indices to slump like never before.

But… from what I could observe, through the chronological events that happened recently, I would have the gut feeling that this event had some other reasons behind it.

Still remember when US are facing the fiscal cliff issue? Where every local newspaper where commenting that there will be a huge amount of “hot money” pouring into Asian countries? These funds I believe had came in and in order for them to get as much stocks as possible at a reasonable price, there would be a possibility that they are the ones that spread the rumours and causes panic modes among traders which causes such catastrophe phenomena.

But, whether this issue is caused by foreign funds or not, we wouldn’t be too sure, should the general election to be held before Chinese New Year, then the tradition of having a “rally” before Chinese New Year would be impossible and thus hope to achieve 1700 for KLSE index would be perished.

Therefore, I would advise investors or traders NOT to be over worried, it may be the end of the worst, or it may be just a start of the worst, but should you’ve invested in a fundamentally strong company, it would just be a matter of time that it could recover and revive the momentum and produce profit for you.

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.

FKLI Trading Strategies [18/01/2013]

By: Bullseye

17/01/2013

Topic:  FKLI Trading Strategies for 18/01/2013

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 1684.5 today, with 1685 as the highest and 1678 as the lowest. Therefore I would advice to set the strategy as follow:

Technical Chart Analysis

Through the chart, we can see that the “rebounce” that we were expecting had occurred but the trend is still bias towards the downward trend.

Strategy For 18/1/2013

InvestACE had felt relieved with the “rebounce” effect taken place today and we are looking forward for FKLI to surpass 1700 again in the near future. We would advice should the FKLI opens lower, getting yourself into a “long” position would be visible as the resistance level would be between 1687 to 1689.5 and the supporting levels would be from 1680 to 1675.5

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.

FKLI Trading Strategies [17/01/2013]

By: Bullseye

16/01/2013

Topic:  FKLI Trading Strategies for 17/01/2013

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 1678.5 today, with 1687 as the highest and 1674 as the lowest. Therefore I would advice to set the strategy as follow:

Technical Chart Analysis

Through the chart, we are seeing the effect of “retracement” which had yield lower today at 1674 (new low) as the lowest. Therefore, we are expecting a slight “rebounce” would occur and the “retracement” downward trend would still continue

Strategy For 17/1/2013

As what we’ve analyze through our chart, we would expect a “rebouce” occur at the supporting level between 1673 to 1667, should it has reached the support level, we would recommend traders to long and take profit at resistance level of 1686 to 1693

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.

FKLI Trading Strategies [14/01/2013]

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.

FKLI Trading Strategies [11/01/2013]

By: Bullseye

10/01/2013

Topic:  FKLI Trading Strategies for 11/01/2013

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 1689.5 today, with 1699.5 as the highest and 1686.5 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 do take note that FKLI has attempt to do a downward breakthrough towards 100 days moving average.

Strategy For 11/1/2013

InvestACE has mentioned previously that ever since we had achieved a new high of 1705.5, there for it would be a “cooling off” period which means it is doing a “retracement” or consolidation which might head towards the support level between 1684.5 to 1679.5.

In conclusion, I would suggest traders to long at the supporting level of 1684.5 to 1679.5 and consider to take profit at resistance level of 1697 to 1704.

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.

FKLI Trading Strategies [09/01/2013]

By: Bullseye

8/01/2013

Topic:  FKLI Trading Strategies for 9/01/2013

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 1689 today, with 1690.5 as the highest and 1681 as the lowest. Therefore I would advice to set the strategy as follow:

Technical Chart Analysis

Due to some technical difficulties, InvestACE is unable to upload today’s chart, but we promise we would rectify the issue as soon as we can.

Strategy For 9/1/2013

Today we have encountered a sideway moving trend for FKLI Jan 2013. Through our analysis, there is a high possibility that it may have a rough opening which yields lower at 1683 as the first support. But due to the major trend is still remaining as uptrend, therefore I would advice traders to get ready to long FKLI once it reaches the support (1683).

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.

FKLI Trading Strategies [08/01/2013]

By: Bullseye

7/01/2013

Topic:  FKLI Trading Strategies for 8/01/2013

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 1684.5 today, with 1705 as the highest and 1683 as the lowest. Therefore I would advice to set the strategy as follow:

Technical Chart Analysis

Through an initial screening of the chart, our last Friday’s strategy seems to be quite accurate that it has possibilities to go downwards, as such we can see that today’s closing seems to be “shocking” but a recovery would be possible for tomorrow.

Strategy For 3/1/2013

From what we could observe, today’s closing seems to be a bit drastic, and the momentum of going downwards would continue tomorrow, but anyhow, I would suggest that traders NOT to continue to short it but remain positive and get ready to long at 1669 as this would be the first support for the day.

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.