Hang Seng index: upward potential?A price action above 25200 supports a bullish trend direction. Upside price momentum supports the bullish trend. RSI leaves enough room for further upside price potential. MACD bullish crossover also remains applicable. Longby Peet_SerfonteinPublished 0
HANG SENG one of very rare indexes which is not a bubble. Hong Kong - Hang Seng is in a falling trend since long ago. This shows that investors over time have sold at lower prices to get out of the index, and indicates negative development for the market. An inverse head and shoulders formation is under development. A decisive break of the resistance at 26051, ideally with an increase in volume, signals a further rise. The index longterm bullish forecast for the next one year is 33500 . The index is overall assessed as technically oversold. ideally expect medium long term growth. on the other hand if things went sought for China expect this to hit 20,000 before any reversal. Important note: these are my personal thoughts and they can be wrong. I'm not a financial advisor. but if you are willing to buy this, expect 50% growth on ur investment for the next 12 months from now. let me know about ur thoughts will it go back up ? Longby SabahEquityResearchPublished 224
Hang Seng.....First legs of an impulse?Hello Traders, HS made a low on October 5,at 23681.44 and start a 5-up to 26234. This could be a wave 1 and the following correction a wave 2 or a part of wave 2! So, from this view, the „Mob“-level is at the low 23681. A break of this low will open the door to 211xx area! But if HS is able to rise, in an impulsive move, above 26234 it has the chance to extend to 28892 at minimum. At this level, it could touch the range of the wave b/x high at 29394! A decline below 24259-24206 on a daily close will eliminate this count! After a two-years lasting bear market, HS has a long way to go, to return into a bull market. Right now, the odds are not given. So any counter trend move to the upside is one in a bear market! Watch this! Have a great week.... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! by ruebennasePublished 223
HSI in a long term bullishtest1..........................................................................................................................................................................Longby megaturboldPublished 110
HANG SENG - Long Term viewHang Seng topped in 2007, retested the high in 2018, and is now headed for the retest of previous lows. Two lost decades?Shortby TheLazyBrotherPublished 0
Awaiting for HSI breakout - bullish patternwatch the 1H chart pattern Year end boost - 11/11/21 Singles day, Christmas, etcLongby dchua1969Published 4
Hang Seng.....Wasted time!Hello Traders, Hang Seng hasn't made any net progress since September 2020! It is bouncing around, up and down, and it is continuous his bear market, that have started in 2018. Since the ATH @ 33484 HS has shown a nearly 0.786 Fibo correction to even the zone of 20806! The final low in this move down was at 21139.26! Since, HS was not able to create a new impulse again, and so, the facts are becoming increasingly clear that the move up from this low is a countertrend in a bear-market! If you are watching the „inner“ trend line (blue) that is connecting several lower highs (watch the red arrows), this line has become more and more important, `cause HS was not able to put this resistance out of the market! As long as HS is trading below this line, the trend is focused down. So; a break of the possible of the wave x of ((c)) low, will open the door to the wave ((b)), (grey), low @ 22519! Breaking this, will set the stage for a test of the 21139 level! More bearish potential exist in this case!! On the other hand! A break of the lower red trend line should open the door to the blue one. Above that level the door should be open to close the open gap from trading on the week of July 19-26, 2021! One more note! Watch the behaviour of price after HS has touch the red trend line (higher level)! Price declined to fresh new lows after. This could happen once more right now! Have a great week..... Ruebennase Fell free to ask or comment! Trading this analysis is at your own risk!by ruebennasePublished 112
Inverse head & shoulder, price pull back to Fib 0.618 level, BuyInverse head & Shoulder and price also pull back to Fib 0.618, looking for reversal signal at smaller time frame and buy. Aim 27000Longby MenteTradingPublished 1
Hang Seng Index This is a chart of the Hang seng Index (HSI). It looks like the might be forming a Inverted H&S similar to what our spy did last month. As you know BABA JD PDD NTES stand to benefit from this bullish move if it plans outLongby ContraryTraderPublished 3
HK50 THE CHINESE NEW YEAR BULL IS ROARINGAlot of patience is based in this setup The major indicies sp500, us100, DOW, FTSE etc. has made serious gains the last 18 months Even though the evergrande crisis became publicly know whe hk50 was at it bottom it did held op and made massive support at the area. Today we saw our first higher time frame trend reversal - it could offer a bank stuffing trade because it has more than 20 pct to last top. I like what i see and is willing to take the risk - are you? Longby sfriismoellerPublished 1
HSI potentially is up or down? HSI now is potentially can up to 26800 and from there can will got chance to rest and down.... be patient for it to have a short rest before it really going up moreby jimzlee2010Updated 0
HK 50 I don't mean a thing if it ain't got that swingMarket phases - Price Action The market can only go in three directions: 1. up, 2.down, 3. sideways. With high / low defined, we can use several charts to identify these market phases and start a simple search for our Swing Highs and Swing Lows. In short: • the market rises when price makes higher highs and higher lows. • the market goes down when the price makes lower highs and lower lows, • The market goes sideways when price does not make higher highs and higher lows or lower highs and lower lows. It may sound childishly simple, almost like stating something obvious, but you will be amazed how often people forget these simple facts. One the most important question is: "Where is the market going?" sequence: The change of direction is confirmed when the price is rising above recent highs (as seen in the chart above). In other words, it is a reversal 1-2-3 - you go long (buy, eat) after correction above pillar levelLongby UnknownUnicorn2548728Published 0
HSI: Prepare to shortAs shown in the chart, while there MAY be some upward leg still left in the "Pearl of East", the current setup favors shorting.Shortby sngyuchaoPublished 1
Hang Seng..... Test of resistance zone next?Hello Traders, Hang Seng is trading below the two important zones which ranges from ~23700 (support) to ~26800 (resistance)! A break of both levels should have tremendous impact on the long-term chart picture! Short term, I favour, that HS will run to the upper line of resistance at ~26800 area to re-test the level! A break above that zone, should open the door to 27200 range, where an open gap has left by trading on July 23-26-2021! If this area should be taken off the market, the next challenge would be a break of the declining trend line (blue) that crosses 27200 zones on a weekly basis! On the other hand! A close of the open gap at 25808 would open the door to 24800 range with more bearish potential if it should „fall“! In this case, a test of the support range (green trend line) is next! Have a great Sunday..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! by ruebennasePublished 113
What's up , China ?If we look closely at what the Chinese government have been doing of late, I would say they are indeed doing a great job for the people of China. From clamping down on the 996 working culture , stopping the fan culture online and drastically reducing the amount of tuition for kids........ Living in Singapore, we are not too much different. Parents with kids are also sent to a frenzy when weekends come. They act as chauffeur for their kids, sending them from one enrichment program to another islandwide, hoping to give them a better edge in life. This article here prompted this Taiwanese entrepreneur to take things in his stride and created an eco-farm where his kids and the public can now enjoy and spend more time with nature rather than the mobile phone or laptop. The big picture is to ensure the Generation Z and younger would have a life outside of their virtual world, parents who are slogging hard to make money would not feel so stressful each day worrying about their kids' academic results or extra curricular activities. And of course, down the road, I expect more benefits like maternity , paternity leave , cash grants , etc to be dish out to incentivise more couples to have more children. The notion of "getting older before getting rich" is a concern for the Chinese government and they have to do whatever it takes to turn the situation around. Retirement villages , eldercare services are relatively a new concept in China unlike the US and Europe and it will take some times before we see a change. And because of the "elitism" mentality, many parents are buying properties near the schools they want to enrol their kids. Government has also move in to rein the red hot booming property market and those properties around the school areas have witnessed a drop in pricing after the clampdown on the private education sector. Read article here When reading the news daily ,it may appear that there is a BIG CLEAN UP by the government. Many industries have not been spared and I think more sectors will not be spared in the coming months....... by dchua1969Updated 445
HK33HKD 4HHK33HKD 4H looking sell opportunity lets see ,,,,,,,, ............ Shortby anas_mohamudPublished 113
Chikou Span Breakout: Long HK33HKD (M30)Daily Chart: Price closed above Kijun. Within the next few days, a bullish bias is expected. M30: Long re-entry opportunity. Buy conditions: 1) Chikou > price 2) All Ichimoku signs are bullish 3) Tenkan + Kijun + SSA + SSB + 200 EMA are all pointing upwards 4) Price > 200 EMALongby Tactical_Trading_SignalsUpdated 0
Hang Seng..... Counter trend underway! Hello Traders, by Monday`s opening HS gaped to the upside and keep rising for the rest reminder of the week! On a daily basis it look like a (not text book like) „morning star“. If the high at 25437 will be taken out of chart, the door is open to 26560. As I wrote before, „step-by-step“! A break of the possible „morning star“ pattern low at 24865 would release more bearish potential. May be to 24636-24543! Note the open gap that ranges from 242399-23966 (hourly chart)! On the broader picture, you will observe the bear market, where HS is trading at. So, any pull back of the lows, could be „counter trend“ in this market. Note! A drop below the support zone @ 23697 could have tremendous impact on the midterm chart picture. Have a great Sunday..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! by ruebennasePublished 3
Hang Seng..... Counter trend underway!Hello Traders, NIFTY50 is on track to my price target @ 18453. More bullish potential exist. Any pull back that ends above or at 17436-17211 range is a corrective setback on lower degree. A break of this level should open the door to 10756 and below to 16700 area! While N50 is rising since the level of 17300 range without any stronger correction, the air becomes „thinner“ as long as the bull-run is underway. So be prepared for a possible hard and quick setback! I will update the count if my midterm price target got hit! Have a great Sunday..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! by ruebennasePublished 1
Stocks - HSI Leads DownIdea for Indices: - HSI is in something like an island top reversal. Was expecting a bounce to 20 DMA, but only seems to be getting 9 DMA and looking on the verge of collapse. - This "bull flag" that it was in previously resolving in this way is a huge clue... as this pattern exists right now in so many important markets globally. - China has already popped their bubble and will lead down, liquidity flows will be HSI > NKY > DAX > NDX > SPX. The deflationary wave is coming IMO. Next leg down for HSI likely 19 or 21k. This may not translate fully to US markets, but at least should see the bottom of the risk range, so NDX 14k for this initial move. 7-15% correction from the top on US markets. GLHF - DPTShortby UnknownUnicorn1043646Updated 227
HSI trend today tipsOh no, HSI trend gap low open again, will the up trend end here?? Quick tips, yesterday the candle end as OVERBOUGHT yellow candle, therefore the retracement today is normal. And the trend has already reached the Fibonacci middle area, so the retracement is predictable. Therefore, only if the trend did not break through B point, then the trend will up trend again stonger, but if break through B point then rebounce, the uptrend is weak. Hope this idea may help you.by lsking0425Published 1
Prediction for HSI in OctoberGreetings, and good news for you. Now Hang Seng Index has confirmed its W base and has stood above 10 and 20 EMA successfully, the total trade volume increased gradually this few day. If the trend can stand above 50EMA succeessfully, a small bullish will start in this month. Even thought all investors in Hong Kong has digested the debt crisis of Evergrande (3333) and America Fed cuts debt purchase plan has been delayed until December, they might influence HSI market badly in the future at anytime, probably the end of OCT and in November. We should be careful for these influence too. But, most of the blue chips stock has been stablelized and start to go uptrend, this week the uptrend probably will continue until it tested the top pressure of 25800. If stand above 25800 successsfully, it is good sign. Because of the small uptrend has been confirmed, i will no update any information in the future until the down trend start again. Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour. Hope all of you may earn more money and be a rich man/woman. =========Extra Small Plea========= If you feel this analysis are helpful, may feel free donate to me through Paypal. Link: www.paypal.comLongby lsking0425Updated 3