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From drawing talent pool to local executives getting on overseas trip to market Hong Kong, are these strategies sufficient to boost the market up ?
The chart shows a nice rebound after a very long period of downtrend. It is difficult to say if this is the bottom , simply judging from 2 green candles. It could be a reversal pattern only on hindsight as we look back on this chart months later......
Until more information is released on how to help support the HK market (direction from Central Government in China), I speculate two possible options for the price direction to go. Option 1, invariably is what we want to see, a continuation in the rally , breaking above the resistance level at 15,836 and goes up further.
The second option which is also possible is a retracement back to 15087 and then rally up.
From drawing talent pool to local executives getting on overseas trip to market Hong Kong, are these strategies sufficient to boost the market up ?
The chart shows a nice rebound after a very long period of downtrend. It is difficult to say if this is the bottom , simply judging from 2 green candles. It could be a reversal pattern only on hindsight as we look back on this chart months later......
Until more information is released on how to help support the HK market (direction from Central Government in China), I speculate two possible options for the price direction to go. Option 1, invariably is what we want to see, a continuation in the rally , breaking above the resistance level at 15,836 and goes up further.
The second option which is also possible is a retracement back to 15087 and then rally up.
Ghi chú
cnbc.com/2022/11/04/asia-markets-currency-stocks-markets-us-jobs-report.htmlWait for next week and see if it retrace back to the support line at 15,836 before going LONG
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.