Hang Seng Index
Long
Updated

City of Hope, Hong Kong

82
First the good news!

Based on our entry here here at 26595, we are now at 28700 (profit of 3005 per contract). Praise Lord and congratulations to everyone that still holding.

Ideally, the inner trend line (green dotted one) is not violated by the price, it should continue to go up slowly and nicely.

Nobody knows how long the protests is going to be and what will be the outcome as we hear negative news every now and then. (here,here and here)

Let's pray for the safety of everyone and may the City see its glorious day once again !
Note
scmp.com/business/article/3046300/hong-kong-gets-magnificent-seven-moment-stock-exchange-has-busiest-listing

It's only the beginning of 2020 and we can expect more IPOs ahead.......
Note
scmp.com/business/companies/article/3047570/allowing-chinas-tech-behemoths-alibaba-xiaomi-join-hang-seng

If these tech behemoth are added to the HSI components, then it is going to give it a booster ride that it deserved.

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