HSI rebounded as said support level. What’s next?
In this post earlier on $Hang Seng Index(800000.HK$, I said that 16300-16400 is key now and is near to a support level.
Price rebounded as said at this support level.
What’s next?
Price is still at a resistance around 16950 to 17300.
I have taken profit for a short-term trade as HSI is still downtrend.
But planning for the next move.
Hit the follow me button for fresh insights. ![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
SGX Academy Trainer | International Speaker | Angel Investor | Automated System Developer | Made first pot Gold at 18
682Followers
1Following
1581Visitors
Follow
104126788 : Then what does this resistance level mean?
Binni OngOP : If above 17300 should see more upsides.
If not then hsi likely to head down again sincce general trend still down.