Hang Seng Index Reverse to a buy??? 📈 📈 📈

Hello, good day traders! 👋🤙

I'm looking for a potential buy📈 setup for $Hang Seng Index(800000.HK)$, with both fundamental and technical indicators to back it up.

📰Fundamentally,

Mainland funds have bought US$3.8 billion worth of shares in Hong Kong this week, adding to US$3.6 billion of inflows last week

Global bankers showed optimism in Hong Kong’s role as a super-connector to China’s financial markets during an investment summit

Alibaba,JD.com...’s 12 per cent surge lifts Hong Kong stocks to best week since 2011 as mainland China funds load up amid zero-Covid speculation

🤔On the technical front,

1.) Looking at the Daily chart, I'm looking for a buy stop entry at 16447.53, where the 23.6% Fibonacci line and -27.2% Fibonacci expansion line is located.

2.) My stop loss will be at 14597.31, which is where the 0% Fibonacci line and previous low is located.

3.) My take profit point will be at 18235.48, which is where the 50% Fibonacci line and market gap is located.

Trade Entry recommendations:

Buy Entry: 16447.53 📈

Take Profit: 18235.48 💲

Stop Loss: 14597.31❌

Other tickers to recommend:

For 5x Long Leverage: $HSI 5xLongSG230420(CWAW.SG)$

For 5x Short Leverage: $HSI 7xShortSG230920(CZBW.SG)$

Hang Seng Index Reverse to a buy??? 📈 📈 📈

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Lee Kuan Yew

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