Buying HKEX on dips.HS50 - 24h expiry - We look to Buy at 20260 (stop at 20090)
Selling pressure from 20753 resulted in all the initial daily gains being overturned.
The current move lower is expected to continue.
Short term bias is mildly bullish.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Further upside is expected although we prefer to buy into dips close to the 20210 level.
Our profit targets will be 20690 and 20770
Resistance: 20850 / 22790 / 24770
Support: 19650 / 18680 / 17710
lease be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
HSI trade ideas
Hong Kong Stock Index (It shall swing UP higher)
View On Hong Kong Stock Index (13 Apr 2023)
HSI is in
* Uptrend in short term
* Uptrend in Mid term
* Downtrend in Long term
We are seeing a good swing back UP in HSI and it shall go UP higher.
20400~20600 will be the immediate resistant for now but the price shall break UP sooner or later.
DYODD, all the best and read the disclaimer too.
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Thank You!
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Hong Kong is bullish long-termHK is setting up for a very nice next 18-24 months. Expecting some chop over the next few weeks and an eventual push through the inverse head and shoulders neckline. This coincides with a weakening dollar which is setting up a head & shoulders pattern in an inverse correlation.
HSI - Falling Trend Channel [MID TERM]- HSI is in a falling trend channel in the medium long term.
- An inverse head and shoulders formation is under development.
- A decisive break of the resistance at 22780, ideally with an increase in volume, signals a further rise.
- The index has support at points 19500 and resistance at points 22600.
- The RSI curve shows a rising trend, which is an early signal of a possible trend reversal upwards for the price as well.
- The index is overall assessed as technically slightly negative for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
Hang Seng Index to turnaround?HS50 - 24h expiry - We look to Sell a break of 20150 (stop at 20455)
Previous support located at 20250.
Previous resistance located at 20500.
Price action has stalled at good resistance levels and currently trades just below here (20600).
We expect a reversal in this move.
A move through 20150 will confirm the bearish momentum.
Our profit targets will be 19400 and 19200
Resistance: 20500 / 20525 / 20600
Support: 20250 / 20150 / 19500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
HKEX to stall at previous swing high?HS50 - 24h expiry - We look to Sell at 20209 (stop at 20430)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
This is negative for sentiment and the downtrend has potential to return.
Previous resistance located at 20209.
The medium term bias remains bearish.
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 20209, resulting in improved risk/reward.
Our profit targets will be 19575 and 18680
Resistance: 20850 / 22790 / 24770
Support: 19650 / 18680 / 17710
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Shorting HKEX at current resistance.HS50 - 24h expiry - We look to Sell at 19570 (stop at 19810)
Buying pressure from 18823 resulted in prices rejecting the dip.
The current move higher is expected to continue.
The bias is still for lower levels and we look for any gains to be limited.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further downside is expected although we prefer to sell into rallies close to the 19570 level.
Our profit targets will be 18880 and 18535
Resistance: 19470 / 20805 / 22505
Support: 18535 / 17600 / 16440
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Hongkong 50 BearishHongkong 50 Bearish
Sequence of lower highs and lower lows
Short on strength
Ep: sell stop at 18830(break of lower high) or sell limit at 19130 (.382 fib level) or in instant sell between these 2 levels
Red candles as sellers are present
SL: 19600 last lower high
TP1:18639
TP2: 18344
Stock- MON: HSI Trend Status w/ 21 yrs backtesting, week11
2023, week 11
HSI: at 19,161
According to the latest market update, the Hang Seng Index ( HSI ) is still not in a upward trend, with a current long close at 19,161 points.
Use backtesting to evaluate and make objective trading decisions. - PresentTrading
#HSI
Analysis of HK50 Index on the Four-Hour Time FrameThe HK50 Index has recently given a breakout above the trend line on the four-hour time frame, indicating a potential upward trend. The index has broken several previous highs and is now taking support to continue its ascent.
Traders looking to enter the market can consider a long position, taking advantage of the current support level for a potential uptrend. However, it is important to closely monitor the market and exit the position if the index shows signs of a reversal.
Keywords: HK50 Index, breakout, trend line, support, long position, uptrend, reversal.
Thanks & regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market
HKEX bias remains negative.HS50 - 24h expiry - We look to Sell at 19635 (stop at 19901)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A higher correction is expected.
The medium term bias remains bearish.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further downside is expected although we prefer to sell into rallies close to the 19635 level.
Our profit targets will be 18865 and 17710
Resistance: 19650 / 20850 / 22790
Support: 18680 / 17710 / 16320
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
HK33 looking for a limited rally?HS50 - 24h expiry - We look to Sell at 19820 (stop at 20150)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A higher correction is expected.
The medium term bias remains bearish.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further downside is expected although we prefer to sell into rallies close to the 19820 level.
Our profit targets will be 18880 and 18680
Resistance: 19650 / 20850 / 22790
Support: 18680 / 17710 / 16330
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
HKEX to extend its losses?HS50 - 24h expiry - We look to Sell a break of 19635 (stop at 19860)
Selling posted in Asia.
Selling pressure dominated price action yesterday and we expect this to continue today.
Previous support located at 19635.
The medium term bias remains bearish.
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 19635, resulting in improved risk/reward.
Our profit targets will be 18985 and 18680
Resistance: 20850 / 22790 / 23640
Support: 18680 / 17710 / 16340
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
HKEX to see a limited rally?HS50 - 24h expiry - We look to Sell at 21020 (stop at 21245)
Buying pressure from 20525 resulted in prices rejecting the dip.
The current move higher is expected to continue.
The bias is still for lower levels and we look for any gains to be limited.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further downside is expected although we prefer to sell into rallies close to the 21020 level.
Our profit targets will be 20455 and 20355
Resistance: 20880 / 22590 / 24770
Support: 19525 / 18580 / 17630
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.