HSI is approaching our first support at 25562 (78.6%, 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 26619 (61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing high resistance). Stochastic (34,5,3) is also...
Hang Seng Index is approaching our first support at 25562 (horizontal swing low support, 61.8% Fibonacci extension, 78.6%, 61.8% fibonacci retracement ) where a strong bounce might occur above this level pushing price up to our major resistance at 26619 (61.8% fibonacci extension, 61.8% fibonacci retracement, horizontal swing high resistance). Stochastic...
1. Good RR with stoploss above structure 2. Pin bar rejection from the fibb level 3. Volume is low on the pullback 4. Rejection from trend line. 5. Lower close of previous low in 1hour time frame. Good reason for entry
Price is testing our first resistance at 26619 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing high resistance) where a strong drop might occur pushing price down to our major support at 25562 78.6%, 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support). Stochastic (34,5,3) is also approaching resistance...
Hang Seng Index HSI over the last 18 years looks generally Rangy. We have seen a recent failure DOUBLE TOP movement at its all-time high level near 32,000 Current price action looks trending in bearish momentum, the Global stock market is also recently taken a hit since the price no longer makes higher low and higher high of what it feels like bull market...
HSI is approaching our first resistance at 27336 (100% fibonacci extension, 78.6% fibonacci retracement, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 25050 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, Horizontal swing low support). Stochastic (89,5,3) is also approaching resistance and we...
As Per My Views On HSI:HSI : Patterns On Day Chart: 1.Support From Upward Trend line 2.Head And Shoulder Pattern 3.Strong Horizontal Support At 27200 Breakout above 26940 on daily charts will be bullish for hang Seng index traders can go long above that with target of 28400 with stop of 26570
HSI is approaching our first resistance at 26619 (Horizontal swing high resistance, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 24316 (horizontal swing low support, 61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (34,5,3) is also approaching...
This will be my views of Hong Kong Stock Index (Oct 2018) Please make sure to read the "update" comment as there will be changes along the way. Cheers. S0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in...
Hello Traders, In this Elliott Wave Analysis, we will have a look at the Hang Seng Index. Short-term view suggests that the rally to 31521.13 high on 6/07/2018 peak ended blue wave (2). Down from there, the decline to 27990.45 low is proposed to have completed blue wave (3). The internals of blue wave (3) unfolded as Elliott Wave Impulse structure with...
Hong Kong Index We are seeing a very potential early signs bullish rebound. If all works well, it can swing back to 29280 and eventually 30200 region. I am NOT with the BEAR anymore. Press "Like" and "Follow". We will help you become a better trader Sonic Disclaimer: The information contained in this presentation is solely for educational purposes and...
Alerted 3 days back to long HENGSENG, HSI Plays out extremely well and more upside to come. We might close the 200 point gap up but expect the trend to be on the up side to wards the yellow median line as of now.
Hengseng found some support at the 50% fibo level but we will have to wait and see how long it is able to hold that level, We will however eventually see the upside bull run in my opinion as the rallies globally get stronger. We have some down side support on the 200 MA where I see a possible drop first than a rebound to the upside. It can indeed start to rally...
Here is our forecasting report for HangSeng Index (HSI) on 6 February 2018. Enjoy. Good trading NinjaSingapore 6 February 2018 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for...
Tecent (700) is a major component stock in Hang Seng Index (HSI). The index made another new high today and it's interesting to note that Tecent has equally made an all-time high today at $449 since its low at $365.20 on 6 December 2017. Investors like you may be wondering how high potentially this stock can go. From a technical outlook, this stock has an...
Hang Seng Index (HSI) has hit a 10-year high today at 31733 but eventually closed in a bearish candle at 31338. The index has been going up and up since the beginning of 2018 and finally it turned into a semi-long bearish candle. Investors like you may be wondering the index will resume its uptrend since the recent low of 28134 on 7 December 2018. From a...