2021 has been insanely a difficult year of US investors invested in Chinese stocks due to the uncertainty revolving around the Tech crackdown, stock delisting, etc.. While the US and India market have been on hyper bull run, Chinese stock holders have lost more than 50-90% of their investment. Example, BABA is more than 60% down, education stocks GOTU & TAL are...
HSI1! 2022 MAR 07 Week Lat week market broke 22389 support and headeed to 2000's high volume region. Should 21000 support be broken, it may see 18000 region Weekly: Ave vol down bar closing at low = weakness Daily: Ave vol down bar closing at low = weakness H4: Average vol down bar closing off low = some demand Entry will be based off the price reaction to...
HSI1! 2022 FEB 28 Week Short preference last week proved very fruitful. The spring over the last daily bar shows rejection of lower prices and demand overcoming supply (D/S). Scenarios: 1) Long on dip opportunity in the 22389-23000 region as temporary strength returns 2) Should Support 22389 fail, short opportunity on test of break down area to next...
========================== ====== DISCLAIMER ========== ============================= This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour And we do not be responsible for your own loss Also, the...
========================== ====== DISCLAIMER ========== ============================= This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour And we do not be responsible for your own loss Also, the...
HSI1! 2022 FEB 21 Week Again at 24140 support if this is a formation of a new zone 25244 - 23304, would exoect market to test 23304 As such preference will be to short on retracement, and also at the failure of 24140 support. Weekly: Average volume down bar closing at low (also appearing like reversal bars) = weakness Daily: Average volume down bar closing...
HSI1! 2022 FEB 14 Week Market tested again previous supply area. - No higher high was made - No commitment as market nears recent high. Temporary weakness expected for long opportunity on retracement. Weekly: Average volume up bar closing off high = weakness Daily: Average volume down bar closing on low = weakness H4: Temporary weakness Entry will be...
HSI1! 2022 FEB 07 Week Temporary weakness expected as market is resisted at 24600. Preference is to long on retracement. Weekly: Very Low Volume up bar closing near high = weakness Daily: Very low volume up bar closing near high = weakness H4: Temporary weakness Entry will be based off the price reaction to these levels Short on Test and Reject) | Long...
========================== ====== DISCLAIMER ========== ============================= This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour And we do not be responsible for your own loss Also, the...
HSI1! 2022 JAN 24 Week Last week scenario2 played out as price pull back below 24391 to test supply before uptrend continuation. Market may return to test breakout area Long on pullback preferred. Weekly: Average volume Up bar closing off high = Weakness Daily: Average volume Upthrust bar = weakness. H4: Price came down on reduced volume = No supply Entry...
========================== ====== DISCLAIMER ========== ============================= This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour And we do not be responsible for your own loss Also, the...
HSI has bottom out to 61.8 hitting resistance...the best entry would be around 23500
HSI1! 2022 JAN 17 Week Last week scenario 1 played out - HS exited trend line, breakout was tested and now price is at a previous supply zone. (24391 and HTF brown dashed trend line) Possible scenarios are mapped out 1) Break of 24391 and resistance becomes support 2) Pullback below 24391 to test for supply before continuing on the uptrend 3) Do note the...
========================== ====== DISCLAIMER ========== ============================= This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour And we do not be responsible for your own loss Also, the...
HSI1! 2022 JAN 10 Week If breakout of 23695 and is supported, this may signify change in trend. Possibility of demand returning as price has been peeling away from the lower trend line (black). Fresh trend line (brown) scenarios will be 1) bounce from trend line and breaking upward and supported by 23695 could lead to change in trend. 2) Oversold and market...
========================== ====== DISCLAIMER ========== ============================= This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour And we do not be responsible for your own loss Also, the...
Given the start of the new year and the possibility of a boom in East Asian markets after the recession, it seems reasonable to invest in Hong Kong stocks based on the technical situation.
HSI1! 2022 JAN 03 Week Trade remains guided by trendline. If breakout of 23695 and is supported, this may signify change in trend. Daily: Downtrend. Price bar closed off high = supply is present. H4: Ranging between 22964 - 26395. Last bar Upthrust bar shows supply is present. Price may test 23160 - 22964 in the short term. Entry will be based off the price...