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HPG

HPG is experiencing participation from foreign investorsHPG steel stock is experiencing strong participation from foreign investors, making it suitable for short-term trading, but it faces strong resistance around 23 if holding long-term. HPG steel stock, traded under the code HPG, is a leading company in the Vietnamese steel industry. It has recently caught the attention of foreign investors who are actively participating in the stock, making it an attractive option for short-term traders. Foreign investors are attracted to HPG's stock due to its strong financial performance, growth potential, and the overall bullish trend in the steel market. This has caused the stock price to rise, providing traders with a profitable opportunity in the short-term. However, it is important to note that HPG's stock faces strong resistance at around 23 if holding long-term. This resistance level has been tested multiple times, and traders should be aware of this level if they plan to hold onto the stock for an extended period. Overall, HPG's stock is a suitable option for short-term traders due to its upward momentum and strong participation from foreign investors. However, traders should exercise caution when considering a long-term investment in the stock, as it may face significant resistance at the 23 level.
HOSE:HPG
by binhmyco
HPG.ASX_Retracement Trade_LongENTRY: 3.72 SL: 3.37 TP: 4.27 - ADX<20. Would like to be higher. - RSI>50,RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS N/A - Weekly FFI -ve - Weekly MACD +ve - Retraced to 50% fib level each time and seems to react positively at that area. - 23 Sep, 6 Oct and 18 Oct shows buyers in control with higher average volume on green candles and low volume on retracement. - 15 Oct looks like volume dry up and 18 Oct break above HVN. - Descending triangle and looks hopefully would break out in the coming days.
ASX:HPGLong
by TRADER-WANNA-BE