Hello, according to my analysis of HKES stock, there is a good buying opportunity as the stock broke the descending channel. With a breach of the strong resistance level at level 323, with a very positive green candle, which indicates a strong entry for buyers. Good luck everyone
Just want to share my view on HKEX:700 .
I am expecting an upcoming long term bear of of Hong Kong stock market. 700 as an important constitute of the HSI is highly correlated to it. Investors are getting more aware of its overvaluation. I have put bets onto the bear.
It is possible for the stock to form a head and shoulders pattern before it further drops...