Hong Kong Stock Index (HSI) (Bulls are still in control)

View On Hong Kong Stock Index (HSI) (19 Feb 2019)

We have been bullish on HSI since the last December and the market has been hitting our taking profit levels (TPs) one after another.
Go see our previous write-ups for more info.

As of now, 28,470 to 28,530 was acting as temp resistant regions for now and the PA is trying hard to break it up.

Sooner or later it should be able to break the barrier up to move toward 28,750 (TP4) region. Let's see.

There may be decent pullback along the way as well. So be prepared.
Let's see.

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Our Analysis
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LONG (entry is valid as long as the price is above 24,200)
SL 24,080

TP1 26,790 (Already Hit)
TP2 27,660 (Already Hit)
TP3 28,295 (Already Hit)
TP4 28,750
TP5 30,970






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