$HSI: Daily trend reversal?
Interesting spot in the Hang Seng index here...
Upside targets seem reasonable for a mean reversion move, but there is a lower probability chance for a long term bottom as well.
Let's see if it gets follow through, risk is low enough to try buying a small position.
Best of luck!
Cheers,
Ivan Labrie.
Upside targets seem reasonable for a mean reversion move, but there is a lower probability chance for a long term bottom as well.
Let's see if it gets follow through, risk is low enough to try buying a small position.
Best of luck!
Cheers,
Ivan Labrie.
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
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.