similar to FXI idea. expecting a spill over effect after OPEX June expiry as well as China stimulus
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...
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.
Pls see the next 2 price actions in this monthly chart with a very long hammer candle. Not trading advice
Short shares with 2.4N SL - HSI breakout of bear flag after new low: - Rising wedge reversal breakout