This morning, the first trading day of 2023, I ran my S&P 500 spike scan like every morning. The spikes were skewed heavily to the bearish side with 99 Bearish Spikes and only 1 Bullish Spike. That spike was HSIC NASDAQ:HSIC . I like the context of this price action happening at the 50% Retracement of the bear move from the All Time High down to the October...
Long term uptrend is in tact. Short term Price action is getting squeezed... break-out to upside very likely. Seasonality for november performance for last 4yrs is 100% upside
Possible dip entry. Keeping low RR ratio because market been on uptrend for a long time. There will be some retracement soon.
Today's down move tested the middle of the consolidation following the pullback to the Daily Ichimoku cloud for NASDAQ:HSIC . This confirms a long trade to retest the major high.
HSI bounced off 27665.9 where it could potentially rise further to 28593.7. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI reversed off its resistance at 29222 where it could potentially drop further to 27949. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 28804.3 where it could potentially rise further to 29706.0. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI is approaching its resistance at 28777.6 where it is could reverse down to its support at 27771.5. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI expected to rise up to 1st resistance at 28777.6 where it could potentially react off and drop down to 1st support at 27771.5. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NASDAQ:HSIC We are still waiting for the Breakout on this double pattern in HSIC, head and shoulders of continuation and ascending triangle. As always alerts will inform us to have the right timing by entering long in the market. We are currently about four years into the development of this pattern, and a possible breakout could lead to start a new market rally...
HSI expected to rise up to 1st resistance at 28895.0 where it could potentially react off and drop down to 1st support at 27071.7. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI is approaching its resistance at 29080 where it is could reverse down to its support at 27949. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI reversed off its resistance at 28090 where it could potentially drop further to 26290. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI expected to rise up to 1st resistance at 27988.3 where it could potentially react off and drop down to 1st support at 26033.8. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 26102.6 where it could potentially rise further to 27988.3. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 26033.8 where it could potentially rise further to 27988.3. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 26033.8 where it could potentially rise further to 27988.3. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 26033.8 where it could potentially rise further to 27988.3. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.