Ola Chicos, This is our master plan to Rob HK50 in Bullish side am currently Looting some profits in Hongkong50. Guys U can enter at any time any point before the high voltage electric trap area, Our target is Trap area. We can escape before the area its very safe.
HK50 is one of those nightmare indices that you can just hold and hope (long or short). They are money eaters when you pay interest on the daily. ANd right now it needs a serious break up or down. I am going to remain neutral in terms of position and the bias remains down as there are lower lows and lower highs.
Hang Seng got rejected on the 1D MA50 two weeks ago and is headed again to the bottom of the Channel Down pattern. The 1D timeframe turned red again on its technical outlook (RSI = 41.280, MACD = -221.700, ADX = 20.498) and this is becoming a buy opportunity again. Every prior rise inside this Channel Down has been at least +10.90% so the one that started on the...
bearish start to the week, with hawkish central banks and growth fears continue weighing on investor sentiment ahead of a busy week. The theme remained the same, with investor jitters over the economic outlook weighing on investor sentiment. There were no economic indicators from the region to change the mood. Market Overview It was a bearish morning session for...
View On Hong Kong Stock Index (13 Apr 2023) HSI is in * Uptrend in short term * Uptrend in Mid term * Downtrend in Long term We are seeing a good swing back UP in HSI and it shall go UP higher. 20400~20600 will be the immediate resistant for now but the price shall break UP sooner or later. DYODD, all the best and read the disclaimer too. Feel Free to...
hong kong long 😊 Im looking at hong kong 33 and I can see new wave coming for up There is two look: The first: We are in the end of the correction wave (b) and we are going to start the fast (c) wave to make new top The first part of it going to be the orange (a) and it will be an impulse wave and the target 50% of the (b) The second: We are in higher...
Unlike the more widely referenced HSI Hang Seng Index of Hong Kong which is dominated by Chinese stocks listing on Hong Kong market, MSCI Hong Kong Index only have ~6% stocks controlled by Mainland Chinese entities and another ~6% stocks that are significantly and directly exposed to behavior of Chinese consumers (For example companies which main business are...
Inflation INFLATION ! Lately Decried Though HK Debt Yields, They Do Not Lie A Gentleman's Market, You Can Be Sure Honest Of All, Though Somewhat A Bore d-MR96nBa 🌌 Detailed Variants of Idea Chart Below 🖼️🎨 TVC:HK15Y TVC:HK15
Hong Kong 50 took a drop on Thursday after tech companies declined. We shoulder see strong bullish movement if price respects our current support.
When the Whole world needs to take some breather , Hong kong is an exeption. Elliot wave count is somewhat tricky but I tried my best. Wave Y (double zigzag) completed on Feb2018 . This index took 2 years time to form its first leg of correction(wave a of 'X' wave) The proceeding Wave b,will have a time target of July 2021 At...
Recently Hang Seng Index reversed on a strong monthly Supply Zone finishing it's external bullish cycle The price decided make an external bearish cycle.. now it's advised to SELL at long term basis. Next destinations: A) DEMAND (26908.14 - 26021.63) Here price need to decide: if reverse in order to back to SUPPLY (32004.32 - 31126.20) OR BREAKOUT ,...
HSI gained on the first trading day of the Year of the Ox, overcame the year high of 2019. Heading to 33484, the year high of 2018, would be the only way out. HSI is strong. It broke the long term down trend in the end of 2020, and broke the ascending channel in January 2021 successively. All moving averages are bullish. Keep 100% long.
Uptrend, first target 30277 , the previous high and the high at 2019. All moving averages are in bullish. Since the breakthrough of the long term down trend Q4 last year, the situation has improved a lot.
After rejecting the weekly resistance at 30,000 big number, the weekly timeframe printed a bearish engulfing candlestick that suggest a possible reversal is coming. Daily looks like just a pullback but with an aggressive decline. 4H timeframe formed a double top with bearish momentum divergence. If price pulled back in a corrective manner we could possible see...
An interesting example from the Hong Kong Stock Exchange that exemplifies a long term uptrending stock under going a correction in the short and medium term. Long term trend is still up as long as the supertrend line at 57.40 holds during pullback. Wait for the test and rebound of 57.40 before considering entry. Medium trend start 190818 and ended on 071220...
Honk Kong 33 Short Order Entry: 28,267.8 TP & RR: 27,881.1 (1.5) Stop Loss: 28,525.9 REASONS FOR THE TRADE I hate to open a position against the trend, but I believe that the price will respect the upper trendline and reverse to test the lower trendline. The Stop Loss is set just above major resistance, so if we do get hit it's very likely that the price...
View On Hong Kong Stock Index (19 Oct 2020) The demonstration in HK is over for now and it didn't have the outcome that some people want it to be. So, the stability is back in HK for now and we shall see it's stock market trying to do some catch to their peer. 23K level shall be a decent and strong support for now, it can rise further on the UPside. 25k level...
I think most people know the Macro drivers for the short. Well, here are technical ones. Good Luck Hong Kong. Shooting Star at 61.8% Fib level. Weekly 200 EMA Previous resistance.