similar to FXI idea. expecting a spill over effect after OPEX June expiry as well as China stimulus
Unlike the more widely referenced HSI Hang Seng Index of Hong Kong which is dominated by Chinese stocks listing on Hong Kong market, MSCI Hong Kong Index only have ~6% stocks controlled by Mainland Chinese entities and another ~6% stocks that are significantly and directly exposed to behavior of Chinese consumers (For example companies which main business are...
Long position to the next horizontal level (25.64). Quotes are held in an upward trend above moving averages, MACD also indicates that the trend is continuing. This is the idea for the Dmitry Solodin competition.
Pls see the next 2 price actions in this monthly chart with a very long hammer candle. Not trading advice
Short shares with 2.4N SL - HSI breakout of bear flag after new low: - Rising wedge reversal breakout
There is a massive long-term channel in the EWH Ishares HK ETF. Buy for long-term hold with confidence.
Breaking out of consolidation range and previous ATH.
Great trade opportunity spotted by PKA on tradingview ----------- RSI and MACD are both breaking 3 year highs on price action breakout. From backtesting we know this often produces very explosive moves. ---------- Suggested stop loss in $23-24 area
With all the turmoil in the political scene of Hong Kong has anyone been watching the stock market there? Price is now in the vicinity of prior support/resistance and a failure to hold means price will fall another 9% to the next level of horizontal support. The current candle, incomplete as it is, is an bullish inverted hammer which needs confirmation. Without...
Close to bollinger bands after strong expansion up and a 1.7 point cycle(+-) has been developing for a year, which all put together points to a possible top soon. The target is in the 19.9-20 area.
For this trade, we are long the Hong Kong and short Tawain. This should be a quick trade. Algo