Price of HKEX has been moving within a range and recently get out of the downtrend and resume the upward move once retested the base that is forming at current.
Potential target at $560 , and followed by $700 - $725 before another consolidation/healthy retracement.
Stop loss by $400 for this setup to be invalid.
Potential target at $560 , and followed by $700 - $725 before another consolidation/healthy retracement.
Stop loss by $400 for this setup to be invalid.
Comment:
HKEX in a flag formation. Bull will only kick in if price hit above $520 to head for $600 range