Key reasons:
1. Support (channel)
2. RSI:
a) absolute base: Oversold
b) trailing: the bottom of the channel of RSI
3. Hammer in a downtrend
Buy at ~HK$268
First resistance: from ~HK$390 to HK$422
1. Support (channel)
2. RSI:
a) absolute base: Oversold
b) trailing: the bottom of the channel of RSI
3. Hammer in a downtrend
Buy at ~HK$268
First resistance: from ~HK$390 to HK$422
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.