History repeat itself?
Updated
700, Last time Largest Share holder sold their share around mid - Mar, then, the sold off ended the same day HSI future final day. Oct 30, 2018
from the top of sold date, it drops 47.14%
This time, the same share holder sold their share beginning of Apr with high at 656.40, if we cut it by 47.14% and make the low date of HSI oct final settlement day, then. we should see
Price: 656.40-309.4 = 347
Date: OCT 28, 2021
from the top of sold date, it drops 47.14%
This time, the same share holder sold their share beginning of Apr with high at 656.40, if we cut it by 47.14% and make the low date of HSI oct final settlement day, then. we should see
Price: 656.40-309.4 = 347
Date: OCT 28, 2021
Note
The low should be on the HSI future final settlement day, as we see the price dropping acceleratingly, let's expect the low will be AUG 30, that's only 10 days away, or 6 trading days.but the price is still over 400 mark. however, it's only 10-20% away from target and 6 trading days are more than enough. last quarter should be looking good as the yearly chart should not ended with price too low. $558 is the opening price for 2021 and 3 months are enough to trade it above it to make the trend up.
Note
trading idea, don't trade or put it til aug 30 and buy at the last 1 hour.Trade active
Top 775.5 drops 4 months to bottom 566.5 total $209, week July 12 top $572 minus $209 = $363
so, target $347 to $363, date: Aug 30. anything close to this range is golden chance. and anyone who bought under 500 should hold and soon profitable
Trade closed manually
Having a new idea came up and this trade is over, now full power BUY up!
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