English
Back
Download
Log in to access Online Inquiry
Back to the Top
Very few left: Will value investing ever make a comeback?
Views 388K Contents 32
avatar
Lee Kuan Yew joined discussion · Oct 13, 2022 11:43

My Thoughts on Hang Seng Index quick sell

Good day traders!
We're looking at a potential sell setup for  $Hang Seng Index (800000.HK)$
And this is why:
1.) On the daily chart, the price is on a strong bearish trend. Adding confluence to this, the price is under the Ichimoku cloud, indicating a bearish market.
2.) There may be some opportunities for a sell entry at the 18195.09 level, where there is a market gap and where the previous low was.
3.) Stop loss will be placed at 20173.02, slightly above the 23.6% Fibonacci line.
4.) Take profit will be at 14040.30 where the -61.8% Fibonacci expansion line is.
Is there anyone else who believes the same way?
Trade Entry recommendations:
Sell Entry: 18195.09
Take Profit: 14040.30
Stop Loss: 20173.02
Other tickers to recommend:
For 5x Long Leverage:  $HSI 5xLongSG230420 (CWAW.SG)$
For 7x Short Leverage:  $HSI 7xShortSG230920 (CZBW.SG)$
My Thoughts on Hang Seng Index quick sell
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
3
+0
4
Translate
Report
32K Views
Comment
Sign in to post a comment
avatar
Lee Kuan Yew
;)
73
Followers
1
Following
394
Visitors
Follow
Heat List
US
SymbolMini ChartPrice
NVDA
NVIDIA
-- 138.850
TSLA
Tesla
-- 355.840
BABA
Alibaba
-- 124.730
INTC
Intel
-- 23.600
PLTR
Palantir
-- 119.160
Discussing
Trump 2.0 Era: How will global markets evolve?
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
MicroStrategy Q4 2024 earnings conference call
Reassessing Chinese Assets
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.