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leonggw
Apr 10, 2024 3:24 AM

Waiting for Breakout, time to Up Up Up. Long

Hang Seng IndexHSI

Description

Based on my previous monthly chart, the trend has bottom at the hidden lines, and now switching to weekly chart, the trends has hit upper resistance.

It may be a breakout for HSI to pursue further uptrend if it can maintain above the resistance line.

If referring to Daily chart, the price is almost hit MA200, further up will test resistance at 18100.

Trade active

Amid of the middle east news which triggered last week caused HSI dropped, now HSI again 2nd attempt to break 17200.
Comments
JoashTan
praying for an overnight gain to 17300-17400 and continuing to at least 17800 tomorrow when market opens 🙏🏻
xlubos73
@JoashTan, kiež by to tak išlo, tiež čakám na métu 18000
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