SonicDeejay

Hong Kong Stock Index (* A nice rebound shall be underway)

Long
SonicDeejay Updated   
OANDA:HK33HKD   Hong Kong 33
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.



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Sonic




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Comment:
HK Index

As expected, we had a bullish rebound and it is now at the minor resistant of 28,885 level, it may get stalled a little bit but sooner or later, it should rise up further till it hit a strong resistant level of 29.180.

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Sonic


Comment:
HK Stock Index

HK index is one bad dragon to ride.
We need to take charts as perspective instead of reacting emotionally.

We have a strong bullish momentum, for now, it shall go UP higher. We are still in the race to reach 29222 level.

Comment:
Hong Kong Stock Index

We have tons of tweezers/pins/wicks (whatever you may call it) at 27840 to 28340 regions.
These are the signs of bullish aggressive, so the market rebound up for now.

I am Bullish toward 29,000 level.

Let's see.

S0nic

Comment:
Update View On HSI (24 July 2018)

The index is doing well in our intended direction.
It should go to 29165 and 29370 level soon.

Stays on the long side for now.


S0nic

Comment:
Updated View On HK Stock Index (26 July 2018)

It just hit our first TP level. It was a good resistant.
It may be in the retracement mode for now but I expect it is better to wait for a buy at a lower level.

We do not have to rush in, and I expect 28560 to 28600 level to be a good potential reversal.

I am still overall Bullish.



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