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Hang Seng HSI

Hong Kong Stock Index (HSI) (Bulls are still in control)View On Hong Kong Stock Index (HSI) (19 Feb 2019) We have been bullish on HSI since the last December and the market has been hitting our taking profit levels (TPs) one after another. Go see our previous write-ups for more info. As of now, 28,470 to 28,530 was acting as temp resistant regions for now and the PA is trying hard to break it up. Sooner or later it should be able to break the barrier up to move toward 28,750 (TP4) region. Let's see. There may be decent pullback along the way as well. So be prepared. Let's see. ------------- Our Analysis ------------- LONG (entry is valid as long as the price is above 24,200) SL 24,080 TP1 26,790 (Already Hit) TP2 27,660 (Already Hit) TP3 28,295 (Already Hit) TP4 28,750 TP5 30,970 DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:HK33HKDLong
by SonicDeejay
Hang Seng index approaching resistance, potential drop!Hang Seng index is approaching our first resistance at 29020.9 (horizontal overlap resistance, 61.8%& 50% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 26261.1 (61.8% Fibonacci retracement 100% Fibonacci extension ) Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:HK33HKDShort
by FlowState
HSI approaching resistance, potential drop! HSI is approaching our first resistance at 28234 (38.2% fibonacci retracemen, 100%, 61.8% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 26508 (50% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:HSIShort
by Tickmill
HSI approaching resistance, potential drop!HSI is approaching our first resistance at 28057(horizontal swing high resistance, 38.2% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 26592 (50% Fibonacci retracement , 61.8% Fibonacci extension) Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:HSIShort
by FlowState
Hong Kong Stock Index (HSI) *Our TP2 level is hit.View On Hong Kong Stock Index (HSI) (29 Jan 2019) HSI has hit the TP2 level. Take it slow and do not rush into chasing the market. But sooner or lower it should be on the way to 28,000 level again. ------------- Our Analysis ------------- LONG (entry is valid as long as the price is above 24,200) SL 24,080 TP1 26,790 (Already Hit) TP2 27,660 (Already Hit) TP3 28,295 TP4 30,970 DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:HK33HKDLong
by SonicDeejay
HSI approaching resistance, potential drop! HSI is approaching our first resistance at 27982 (38.2% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 26508 (50% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
TVC:HSIShort
by Tickmill
HSI review in 2018 and the prospect in 2019In bearish market, starting from Q2 of 2018, the Hang Seng Index (HSI) enters bearish market. According to EW Theory, bearish waves either move in 5 or 3 smaller waves. Waves are impulsive if they move in 5, or corrective if they move in 3. In 5, we will denote the waves in 1-5, while ABC are used for corrective waves. I am betting the HSI will have 5 waves to go since the prices have been edged down past 250 MA which is one of the indicators showing it's a bearish market.
HKEX:HSI1!
by hwong2209
HSI appraoching resistance, potential drop!HSI is approaching our first resistance at 27358.5 (100%, 61.8% fibonacci extension , 38.2% fibonacci retracement , horizontal swing high resistance) where a strong drop might occur below this level pushing price down to our major support at 26079.8 (horizontal pullback support, 50% fibonacci retracement ). Stochastic (89,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresonding drop in price.
OANDA:HK33HKDShort
by FlowState
HSI approaching resistance, potential drop! HSI is approaching our first resistance at 27249 (78.6%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 25883 (61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
TVC:HSIShort
by Tickmill