Long position to the next horizontal level (25.64). Quotes are held in an upward trend above moving averages, MACD also indicates that the trend is continuing. This is the idea for the Dmitry Solodin competition.
Short shares with 2.4N SL - HSI breakout of bear flag after new low: - Rising wedge reversal breakout
with the monthly close around the corner, this still looks like a healthy retracement within an ongoing uptrend, with a well defined support area.
Breakout in play. Keep an eye for a re-test or take off.
With all the turmoil in the political scene of Hong Kong has anyone been watching the stock market there? Price is now in the vicinity of prior support/resistance and a failure to hold means price will fall another 9% to the next level of horizontal support. The current candle, incomplete as it is, is an bullish inverted hammer which needs confirmation. Without...