Hsiforecast
HSI approaching support, potential for a bounce!
HSI is expected to drop to 1st support at 26456.4 where it could potentially react off and up to 1st resistance at 27988.3.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
HSI approaching support, potential for a bounce!
HSI is expected to drop to 1st support at 26456.4 where it could potentially react off and up to 1st resistance at 27810.2.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
HSI Trend for Upcoming 2 MonthsThe Hang Seng Index has completed a few months double bottom pattern and broke above the neckline around 27350 with a breakout gap.
If the breakout gap is not filled, the index is likely to boost to the target 30280 like it happened last year.
After reaching 27940, wait for a pullback referencing to the trendline and go LONG.
Stop Loss is at level 27200, placed below the breakout gap open. Risk / Reward Ratio is 1:3.
If the gap is filled, it would go back to 26450 level.
HSI approaching support, potential for a bounce!
HSI is expected to drop to 1st support at 26547.9 where it could potentially react off and up to 1st resistance at 27453.2.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
HSI to climb from upside confirmation, potential bounce!HSI to climb from upside confirmation, potential bounce!
HSI to climb from its upside confirmation at 26789.1 where it could potentially bounce further to 27330.0.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.