- ADX>20 - RSI>50,RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD -ve - Weekly RS +ve - Weekly FFI +ve - Weekly MACD +ve - Moving up since Jul 2021 and retraced to 38.2% fib level. - Good reaction with the rebound above HVN under good volume. - High volume green candles and low volume red candles in current range showing buyers in control. - Market shifting to more defensive stocks in current HK/CN market.
Trade closed: target reached
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- Closed at 9.41 - Expecting a pullback as it had reached the previous high - Watch for the retracement