Hong Kong Stock Index (It can get pretty Bullish)
Updated
Hong Kong Stock Index (13 Feb 2023)
China economy is back in the full steam and it shall bring HK index upward too.
We may be in the minor pull back for the past 2 weeks but I expect the bull force will come back in soon.
20,700 shall be a good strong support region and it shall go back UP higher.
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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
China economy is back in the full steam and it shall bring HK index upward too.
We may be in the minor pull back for the past 2 weeks but I expect the bull force will come back in soon.
20,700 shall be a good strong support region and it shall go back UP higher.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Note
Hong Kong Stock Index (20 Feb 2023)Follow our analysis on 20,700 as good support?
Now the price is bouncing off from that region.
21,600 will an immediate support and sooner of later it should retest the resistants above.
With China central bank's liquidity injection, HSI shall go UP higher.
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