Hong Kong Stock Index (Ready for the another leg UP?)
View On Hong Kong Stock Index (12 Mar 2021)
We are seeing some strength coming back in the HK and it will use 28,000~28,750 as support region.
Once the current resistant of 29400~29500 is broken, it shall rise a lot higher.
29,750~30,000 will be the next.
Cheers.
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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
We are seeing some strength coming back in the HK and it will use 28,000~28,750 as support region.
Once the current resistant of 29400~29500 is broken, it shall rise a lot higher.
29,750~30,000 will be the next.
Cheers.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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There is a detour in the HSI.
As it failed to break the immediate resistant of 29400~29600 region, I've decided to take profit of my long.
I am out from any position at this moment and it shall go lower toward 28600~28800 for a retest.