24/02/2025
HSI took off like a rocket… then remembered it forgot its wallet and came back for a quick retrace!" 🚀📉
Next target : 24385
HSI 1W Chart
Look at that! ignore the news, the movement and volume
finance.yahoo.com/quote/^HSI/history/?frequency=1wk
Goldencross for the week of 3Feb2025 - with trading volume jumped from 3.69bn to 15.12bn.
And the subsequent week volume keeping at >20bn level (for the week of 10Feb & 17Feb)
Let's monitor if this week keeping the same level of volume for the 3rd week.
finance.yahoo.com/quote/^HSI/history/?frequency=1d
we noticed the trading volume increased from 4.42Bn to 6.1673bn last Friday 21Feb25
tradingview.com/news/reuters.com,2025:newsml_L2N3PF01E:0-shoucheng-hits-over-1-1-2-year-peak-on-investing-in-china-s-robot-firm/
** The Hang Seng Composite Index on information technology firms and the Hang Seng Tech Index slip 0.5% and 0.1% respectively, while Hang Seng Index adds 0.4%
** Stock up 76.9% YTD
HSI
The last Oct Hi @ 23241 has been broken today!
MACD, KDJ and BB remained at bullish zone.
Key support level: 22990,22668,22446
Key resistance level : 23675,24167,24385
Look at the 1h chart - posted
HK50
Today Trade Plan:
Buy into support : 23300-23500
Sell at resistance : 23650-23700 (TP:23630)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Reminder : start to accumulate China & HKG for the potential upside for the year! Today retracement is a good entry point.
2800 
2823 2801 3067
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
HSI took off like a rocket… then remembered it forgot its wallet and came back for a quick retrace!" 🚀📉
Next target : 24385
HSI 1W Chart
Look at that! ignore the news, the movement and volume
finance.yahoo.com/quote/^HSI/history/?frequency=1wk
Goldencross for the week of 3Feb2025 - with trading volume jumped from 3.69bn to 15.12bn.
And the subsequent week volume keeping at >20bn level (for the week of 10Feb & 17Feb)
Let's monitor if this week keeping the same level of volume for the 3rd week.
finance.yahoo.com/quote/^HSI/history/?frequency=1d
we noticed the trading volume increased from 4.42Bn to 6.1673bn last Friday 21Feb25
tradingview.com/news/reuters.com,2025:newsml_L2N3PF01E:0-shoucheng-hits-over-1-1-2-year-peak-on-investing-in-china-s-robot-firm/
** The Hang Seng Composite Index on information technology firms and the Hang Seng Tech Index slip 0.5% and 0.1% respectively, while Hang Seng Index adds 0.4%
** Stock up 76.9% YTD
HSI The last Oct Hi @ 23241 has been broken today!
MACD, KDJ and BB remained at bullish zone.
Key support level: 22990,22668,22446
Key resistance level : 23675,24167,24385
Look at the 1h chart - posted
HK50 Today Trade Plan:
Buy into support : 23300-23500
Sell at resistance : 23650-23700 (TP:23630)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Reminder : start to accumulate China & HKG for the potential upside for the year! Today retracement is a good entry point.
2800 2823 2801 3067 ** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
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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.
Related publications
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.