$HTI Futures(AUG4) (HTImain.HK)$ $Hang Seng TECH Index (8007...
$HTI Futures(AUG4) (HTImain.HK)$
$Hang Seng TECH Index (800700.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
HSTI has hit 6150 lows yesterday and rebounded off to close green doji. Today tried again and had a strong rebound.
$Hang Seng TECH Index (800700.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
HSTI has hit 6150 lows yesterday and rebounded off to close green doji. Today tried again and had a strong rebound.
This can be early signs of a higher low and now going up to retest 6900 range. Which means KWEB has a good chance to break 55 resistance and head towards the 60 resistance soon which is also higher low and soon to form a higher high should it break the 55 resistance.
I have bought calls on kweb 2 weeks ago and prepared to cut losses should HSTI break 6100 range. However it did a good rebound today and will be buying more and see if it helps KWEB break 55 resistance the next few days.
As always, trade safe & invest wise!
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monthly : good sign and today may reach 52
Investing 101 OP monthly : Reach 52 I don't dare say for today. But if it is indeed higher low. Then the higher high will eventually come.