Hkex38
BAC HKEX BUYHi, according to my analysis of BAC stock. There is a good chance to buy. We notice that the stock started moving very positively. With the arrow exiting the triangle pattern. And breaking the resistance at 29.50. We also notice that a strong green candle is forming outside the pattern, which indicates the power of buyers. good luck for everbody
HKEX to stall at current high?HS50 - 24h expiry - We look to Sell at 20305 (stop at 20425)
We are trading at overbought extremes.
A Doji style candle has been posted from the high.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
Further downside is expected although we prefer to sell into rallies close to the 20305 level.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
Our profit targets will be 20005 and 19650
Resistance: 20850 / 22790 / 24770
Support: 19650 / 18680 / 17710
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Hang Seng Index to turnaround?HS50 - 24h expiry - We look to Sell a break of 20150 (stop at 20455)
Previous support located at 20250.
Previous resistance located at 20500.
Price action has stalled at good resistance levels and currently trades just below here (20600).
We expect a reversal in this move.
A move through 20150 will confirm the bearish momentum.
Our profit targets will be 19400 and 19200
Resistance: 20500 / 20525 / 20600
Support: 20250 / 20150 / 19500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
HSI1! 2022 FEB 21 Week
HSI1! 2022 FEB 21 Week
Again at 24140 support
if this is a formation of a new zone 25244 - 23304, would
exoect market to test 23304
As such preference will be to short on retracement, and
also at the failure of 24140 support.
Weekly: Average volume down bar closing at low
(also appearing like reversal bars) = weakness
Daily: Average volume down bar closing on low = weakness
H4: No result from bullish volume = weakness
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )