HSI eyes for bulls againVerdict: Bull Reasons: 1) Trendline suggests strong monthly support 2) Candlestick pattern suggest loss of momentum Longby Jezza323111
New prediction of next week HSI (30/8/21 - 3/9/21)Greeting, this is my new prediction for the future Hang Seng Index, please forget our previous prediction without accurate information. Basically, Hang Seng Index has entered Bearish Trend. The Down Trend has gone through two waves, and the third wave will happen in the future. If it is not a big down trend, it will end the bear trend after three wave. Therefore, my prediction about the third wave is, the highest point of the third wave might be 25982.64, then the lowest point of the third wave might break through the 24748.24. It might be happened within 2 week (30/8/21 - 10/9/21), and will rebounce before break through 23124. Next week (30/8/21 - 3/9/21) may will happen a little rebouce, then drop again until the 24748.24. After that, if the trend break though 24748.24, the trend between 6/9/21 - 10/9/21 will be down trend again and the retracement will end within September. At last, we may prepare for the third wave of down trend in the future. 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.by lsking0425Updated 43437
China Market Finally Bottomed After a Prolonged Panic Sell Off?Due to the repeated news of Chinese government's crackdown on the monopolistic practices of Chinese Technology companies that worried some investors on the long term impact of investing in these companies and the we have seen a prolonged sell off by both retailers and institutional investors in many of the Chinese Tech companies namely Alibaba ( HKEX:9988 and Tencent HKEX:700 . However, the good news is that the impact of these policies are likely to have minimal impact on the business model of these companies targeted and also from the technical aspect, we have seen TVC:HSI hitting a confluence horizontal and long term trendline support line with bullish candlesticks formed over the past few trading days. Moreover, signs of capitulation can be seen in big constituents of HSI such as NYSE:BABA , thus further suggesting that a reversal might be around the corner. In retrospect, many of these great Chinese companies are very undervalued served as a great opportunity for investors to hop on and catch some great profits ahead. Longby minjiarui16114
HONG KONG 50 BREAKS ABOVE THE RESISTANCE TRIANGLE LINEDuring the Asian trading session on Tuesday, Hong Kong 50 Index breaks above the resistance triangle line, beginning from June 21st. Yesterday the price impulse broke above the resistance line at level of $25800 and in the next few hours on a four-hour chart, tested the resistance line above and confirmed it as a support line. Tomorrow investors will observe with interest in which direction the price will continue to develop and whether it will return to the triangle. This has dismissed the bearish case, but it has not yet confirmed a bullis reversal. Market experts believe that a bullish reversal will be confirmed upon a break above the $26000 zone. This will confirm a forthcoming higher high on the 4-hour chart and may pave the way towards the $26680 zones, or the higher territory around $27740 and $28180. If neither area can halt the advance, we could experience extensions towards the $29357 hurdle, marked as resistance by the beginning of June. On the downside, a dip below $25600 is the move to assess whether the bears have gained the upper hand again. This would confirm a forthcoming lower low on both the 4-hour and daily chart and may open the path to test the $24726 zone again. If that area does not hold either, then the fall could extend to the $24000 territories. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses. by legacyFXofficial3
Hang Seng.....Pullback in a bear-market?Hello Traders, HS has met rising trend line, that connects the low on Mary 25 and September 25. It act as support! The pull back since look like a corrective setup, that is done or close to do so! A break of the 26000 level should open the door to the 268xx area (blue line)! A decline to Thursdays low @ 25255 opens the door to 25036 and below to the low on August20. A substantial break of this level would increase the corrective pattern with short-term targets to 24029 and 23495 area. More bearish potential exist! Only a daily close (at minimum) with huge orders for buying contracts above the resistance level at 268xx area would clear the picture in favour of the bulls! Have a great week..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! by ruebennase115
30 Aug to 3 Sept 2021 bearish alert?Last week, we predict this week might rebouce until 26840. However, this week HSI has not enough power to rise back at 26840, therefore we may assume that next week 30/8/21 to 3/9/21 will break through 24750. The assumption is based on the Zigzag down trend hasn't reaches it new bottom. We predict that Hang Seng Index might reach it previous low point 23130 within 2 week in future. If HSI didnt break through 23130, then it will rebounce. This is our new update, and we might no update any new post next two week, hope everyone good luck Shortby lsking0425Updated 3
Hang Seng Index Rebounded Sharply after Touching 24,850 SupportThe Hang Seng Index found some support at 24,850 and has since rebounded. Holding above this level may pave the way for a technical rebound towards 26,200 – the 61.8% Fibonacci retracement. The MACD indicator remains below the neutral midpoint, underscoring bearish momentum.by MargaretYang6
Prediction of HSI trend this week 23 Aug to 27 Aug 2021Hi guys, well, as last week predict, this week probably will be the rebounce of HSI, and today it has a small rebounce. Therefore, for this week, it is importance that whether the trend will kill going up or drop down and break the bottom support line. Altough Zigzag hasn't reach it new bottom, the same rebounce can be found at the end of June 2021. Therefore, we may predict this week will rebounce as before. This is my comment for this week, and probably wont update again until next week. Sorry for poor english, if this can help some one else, it is my honor.by lsking04254
Hang Seng downside prevailsShort position below 26284 with target 23992 & 23188 in extension. Daily pivot : 26284 My move : Short position below 26284 with target 23992 & 23188 in extension. Other possibilities : Above 26284 look for target at 26867 & 27684 + reason : Immediate trend remain bearish & momentum is strong My sell limit will be at 25199 - 25530 area TAYORShortby Daimon_tfx2
Hang Seng.....More trouble ahead?Hello Traders, Hang Seng enter „bear-marked„ territory! It dropped to 24581.60 on Friday. It met a rising trend line, that connects the low on Mary 25 and September 25. Short term it could act as support, but the big picture for Hang Seng is bearish. A break of Friday's low on a daily closing price should open the door to the levels mentioned before. Another target is at or around the 21139 area, the low on May 19, 2020! The bulls need a break of 26822 area (blue line, daily) to change the outlook! Be prepared for a longer correction at HS! The index could be cut in half of its value! Have a great weekend..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk!by ruebennase4
Next week Hang Seng Index Rebounce? As we predicted last night, today the hangseng index come to the lower point of 24748 (27/7/21) before, but didn't break through the lower point. Therefore, the main point for next week is whether the hangseng index will rebounce or not? Reading from MACD and RSI, even today come to the lower point, but the RSI and MACD not yet touch or over the lower point as 27/7/21 reached. It may be study as it might potentialy rise in the future, but on the other hand, it may also study as remain potential to drop again. All the assumption have to depend on the CHINA government policies. Therefore, we may observe the trend on next Monday whether it rebounce or break through the frame.Shortby lsking0425Updated 1
will HSI Index Rebounce or continue Retracement at 20 AugustToday HangSengIndex drop as expected, therefore the main point is, will the retracement will end at tomorrow 20/8/21? According to our analysis, we expect that August will be the month of retracement of HangSengIndex. This week will decide whether the index will rebouce or keep dropping, we expect 20/08/21 will be the last drop of HSI. If next week monday, the index break through the bottom support line of 24755, it might start to drop more faster than expect, but if rebouce and rise at next week, we expect it might rise back to 26800 next month. Or, 3RD possiblility, is that it might go as pattern (3) as the chart listed, and continue retracement until the end of August or Half of September SORRY ABOUT THE POOR ENGLISH AND HOPE EVERYONE MAY EARN PROFIT IN FUTURE.by lsking04251
This week maybe the week of HSI retracement? Now the trend of HSI seems like a shortly retracement, and there is two possible trend in future : End the retracement at this weekend , or continue until the end of August. We all know that the the worldwide retracement is nearly happen, and the situation of HSI is probably happening early before the worldwide retracement. Therefore, we may be patient about the retracement of HSI. Not a professional, Not a good English speaker, just a man publishs his idea, good luck everyoneLongby lsking04251
up or down, destiny of HSI tomorrowToday, the price still go low, and it almost reach the bottom of triangle, if tomorrow 18/8 still go down, it might break through the bottom of 26000, but if go up, then might rise againShortby lsking04251
Hang Seng.....Close the gap next?Hello Traders, Hang Seng made his low at 24748.84 3 weeks ago! Since, it has risen to 26391 (closing basis) and creates a „bullish-Engulfing this week. This favours the idea for 2-3 more weeks with rising price. If so to come, HS will close the open gap from 4 weeks ago at 27321, closing price! To me, it looks as the correction should be done on the week of 21.-26. July with the long shadow at that weekly-candle! If so, HS is on the way to 27800 area first. More bullish potential exist! A drop below the range of 25961-25743 would open the door to 24748, with more bearish potential if this level should break to the downside! Have a great Sunday..... Ruebennase Feel free to ask or comment1 Trading this analysis is at your own risk!by ruebennase221
Hang Seng Index May Rebounce 16/8/21 ?Maybe will rebouce from low to high, be aware for a chanceShortby lsking04251
Hang Seng 50 Friday, 13 August 2021 15:47 PM (WIB) Hang Seng 50 could do retracement move to base ground support, before start move upside. Keep on Watchlist for better spot to enter the market. Best regards, RyodaBrainless "Live to Ride and Ride to Live" by RyodaBrainless110
HKG33 will keep up with the rest of the indices? not too much momentum to the upside but I believe that after a fake out it will go up again treating this like an long term trade with the SL far away Longby Kangaroo-Market0
The HSI has likely breached an immediate resistance at 26,650 - A successful attempt may open the door for further upside potential - MACD indicator is trending higher, underscoring upward momentumby MargaretYang2
Hong Kong 50 HKXHKD50Hong Kong 50 took a drop on Thursday after tech companies declined. We shoulder see strong bullish movement if price respects our current support. Longby PipChaser420113
Selected China non-internet tech stocks (vs KWEB, HSI, CSI 300)Selected China non-internet tech stocks (on separate scales - vs KWEB, HSI, CSI 300, NASDAQ) - Sunny Optical (Hongkong 2382( - BYD (Hongkong 1211) - CATL (Shenzhen ChiNext 300750) - Longi Green Energy Silicon (Shanghai 601012) Longby dartde0
Top China Internet-Tech stocks (most on Hang Seng Tech Index)Top China Internet-Tech stocks (most are on the Hang Seng Tech Index, some are still on the Nasdaq - all on separate scales) vs Hang Seng Index (HSI), CSI 300 index , NASDAQ (IXIC index): - Tencent 0700 - Meituan 3090 - JD .com Nasdaq JD - Pinduoduo Nasdaq PDD - Baidu Nasdaq BIDU - Netease 9999 - Kuaishou 1024 - Bilbili Nasdaq BILI - Alibaba 9988by dartde0
Top China Internet-Tech stocks (most r on Hang Seng Tech Index)Top China Internet-Tech stocks (most are on the Hang Seng Tech Index, some are still on the Nasdaq) vs Hang Seng Index (HSI), CSI 300 index, NASDAQ (IXIC index): - Tencent 0700 - Meituan 3090 - JD.com Nasdaq JD - Pinduoduo Nasdaq PDD - Baidu Nasdaq BIDU - Netease 9999 - Kuaishou 1024 - Bilbili Nasdaq BILIby dartde0