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wildbore88
Feb 2, 2019 4:48 AM

Hong Kong market long-term channel Long

iShares MSCI Hong Kong Index FundArca

Description

There is a massive long-term channel in the EWH Ishares HK ETF. Buy for long-term hold with confidence.
Comments
earthling
I agree with this TA, nice chart, but it is worth noting: the fundamentals in Hong Kong are looking crazy scary, (they are more leveraged than we were in 2008!)...so I guess if i was gonna play this trend I would want to put some stop loss sells in just below your channel, cause once it breaks to the downside, things could get ugly fast. Good luck.
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