Get started

Hang Seng HSI

[ Short ] Cathay PacificLiving in Hong Kong, I am seeing the protests re-emerge literally outside my flat. I do believe this will have a continued impact on tourism here in the S.A.R.; notably from Mainland Chinese. HK Tourism I believe the move which began on 8 OCT is a result of the "Phase 1 of the Trade Deal." ( same day as Trump started it ). While I believe greater "USA election related progress" will be made on that front, the protests are not stopping & have been / exp. to continue to have a direct impact on this particular equity. As of now, this ~3 month retracement represents a ~1.5 standard deviation from the mean looking back on the past 20 Yrs. Further relevant items below: Would love to hear any / all comments & suggestions; notably on the Target / Time Horizon albeit any / all would be appreciated. Cheers.
HKEX:293Short
by sobcza123
1
HSI Trend on Jan 2020The Hang Seng Index has been moving within an upward channel since Aug 2019, which is around 5 months time. Now it is at the top of the channel and is due for a correction. My guess for the correction would be at least to 27700. Then we would watch the level 27470, a critical level above the big gap up. If that gap is NOT filled, it would be bullish and the index may boost to 29500 level or higher. If filled, I guess it would go back to around 26500 level, which is the bottom of the channel.
TVC:HSIShort
by chchart