Hello everyone! Happy Friday!
News📰 : anticipate more positive news to come (of course mixed with some -ve for retracement) 🔮
Look at the HSI D Chart
- posted 28Feb2025
- posted 3Mar2025
- 7March2025 at point of writing; the index trading above the support level of 23500 (the 28Feb2025 Hi); it tried to go back to uptrend channel and staying above! (broke on 28Feb2025).
Monitor the Trading volume: finance.yahoo.com/quote/^HSI/history/?frequency=1d
Avg past 3 months : 77.909Bn (+19.18% for the past avg vol); this imply the fund flow is abundance, hopefully this continues! Although the vol is slightly less than the last Oct 2024.
Look at the 4H chart
HK50
The HSI last Dec 2021 Hi @ 24385 is being tested again today!
Now, what's next? 25147, btw now and then Next level that we are looking at to break (oh wow! we need to add in past Higher Hi):
22840-22900
23241-23275-23314- 23471 (need to break above this level to change back to uptrend movement, else probably is gonna be sideways, continue to monitor and confirm)
23952-24101
24385
24586
24747
24800
25147
🚨 as of ✍️ :
Resistance : 24385 - 24586 - 24800. Let's monitor; this level is now being tested and see if breaks and staying above.
🗝️ support level
22750 -23535 (this level being tested few times; it's now became strong support level). Don't think this can easily broke down.
MACD - Goldencross was marked in Green (5Mar25)
KDJ - Remained at Bullish green zone since 4Mar25, the CFD is now in a short bullrun cycle.
BB - Still within lower BB channel and gap up trading at upper BB channel/
the Mid-line 4H chart at 22960-975 was corrected from 23320.
Trade Plan : 23477-24385 - 24751
Buy into support & Sell at resistance
the 1H showing it's now bullrun on the 2nd half of today. Ride on the waves and locked in your profits.
🚨🚨🚨 Locked your profits and watch out for reversal for retracement!
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵 for profits.
Happy Trading everyone!
🎯 Start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets.
2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know.
2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost...
2801 - open position at price : 23.73-23.80 or anytime NOW! if ever retraced back to 23.36-23.66 accumulate more.
3067 - open position now, add position when it retraced to 11.63,,11.33 or below. If you have missed, you may tk position still good to start at 11.85,11.99,12.15
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage the trading buddies
News📰 : anticipate more positive news to come (of course mixed with some -ve for retracement) 🔮
Look at the HSI D Chart
Monitor the Trading volume: finance.yahoo.com/quote/^HSI/history/?frequency=1d
Avg past 3 months : 77.909Bn (+19.18% for the past avg vol); this imply the fund flow is abundance, hopefully this continues! Although the vol is slightly less than the last Oct 2024.
Look at the 4H chart
HK50 The HSI last Dec 2021 Hi @ 24385 is being tested again today!
Now, what's next? 25147, btw now and then Next level that we are looking at to break (oh wow! we need to add in past Higher Hi):
22840-22900
23241-23275-23314- 23471 (need to break above this level to change back to uptrend movement, else probably is gonna be sideways, continue to monitor and confirm)
23952-24101
24385
24586
24747
24800
25147
🚨 as of ✍️ :
Resistance : 24385 - 24586 - 24800. Let's monitor; this level is now being tested and see if breaks and staying above.
🗝️ support level
22750 -23535 (this level being tested few times; it's now became strong support level). Don't think this can easily broke down.
MACD - Goldencross was marked in Green (5Mar25)
KDJ - Remained at Bullish green zone since 4Mar25, the CFD is now in a short bullrun cycle.
BB - Still within lower BB channel and gap up trading at upper BB channel/
the Mid-line 4H chart at 22960-975 was corrected from 23320.
Trade Plan : 23477-24385 - 24751
Buy into support & Sell at resistance
the 1H showing it's now bullrun on the 2nd half of today. Ride on the waves and locked in your profits.
🚨🚨🚨 Locked your profits and watch out for reversal for retracement!
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵 for profits.
Happy Trading everyone!
🎯 Start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets.
2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know.2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost...2801 - open position at price : 23.73-23.80 or anytime NOW! if ever retraced back to 23.36-23.66 accumulate more.3067 - open position now, add position when it retraced to 11.63,,11.33 or below. If you have missed, you may tk position still good to start at 11.85,11.99,12.15** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage the trading buddies
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.