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Aug 7, 2023 6:06 PM

HKE Holdings Ltd. Short

HKE HOLDINGS LTDHKEX

Description

On the above 10-day chart price action has printed a 500% move since September last. Now is a excellent short opportunity. Why?

1) Price action prints at macro resistance

2) Price action prints a bearish engulfing candle

3) Broken RSI support.

Is it possible price action continues higher? Sure.
Is it probable? No.

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