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sachin1337
Jun 4, 2023 12:32 PM

HSTECH low risk opportunity Long

Hang Seng TECH IndexHSI

Description

I will be going long on HSTECH. It has moved from 61.8% retracement with positive RSI divergence and closing marginally above 20 DMA and major resistance above 3750 area. More confirmation if closing above falling trendline. Will add above that.
Target will be swing high around 4300 and then 4800.

Trade active

Comment

At trendline resistance now

Trade closed manually

I have closed the position for now, will take call if closes above 4300
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