HK is in the energy sector. I am not real on the sector, but some have sold down. Mostly the drillers. HK appears to be in the middle of a . A should move higher to test the upper channel again ($1.17), as indicated bu the GOLD bars on the chart. The best outcome would have oil move stronger higher allowing the AB part to be copied on the CD part of the chart. If that were to happen a target of $1.80 could be expected.