-prices tumble in PM on selling trigger by HS big losses of -400. Fbm ventures near 1500 causing some panic in fkli. DJ futs -40 , Europe -0.5% in late Asian hours.
-fkli also suffers from tech breakout twice today, under 1520 and 1500, compounding mkt bearish tone.
-maybe some rebound tomorrow due to the large discount but sell on rebound mkt as fbm seen under 1520. or till fkli regains 100 SMA, near 1507-10.
-fkli also suffers from tech breakout twice today, under 1520 and 1500, compounding mkt bearish tone.
-maybe some rebound tomorrow due to the large discount but sell on rebound mkt as fbm seen under 1520. or till fkli regains 100 SMA, near 1507-10.
- Tech bearish if under 1510, targeting 1470+.
Kan:
ReplyDeleteHi,Jess here (Alex's kuli :p).Read your target at 1470+. Would u mind to share how u get this figure?
hi Jess,
ReplyDeleteAlex's kuli..nice! Me too!!! Late Nov2010 and early Dec10 bottom. I feel this is the support, 1570-80, for bounce on profit-take buy for this round of selling. oversold condition. But for you guys, long term sell, insignificant.