Earnings flood from China's stocks: Is a turnaround on the horizon?
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Technical levels for top Hong Kong stocks on SGX
🏦 Bank of China ( $Bank of CN HK SDR 1to1 (HBND.SG)$ ) has an intact long term uptrend with support at HKD 3.50 (S$0.60). New resistance around HKD 4.00 (S$0.68) with some short-term selling. Potential entry on retracement towards support. (SDR ratio-1:1) 🚗 BYD ( $BYD HK SDR 10to1 (HYDD.SG)$ HYDD) broke HKD 250 (S$4.25) resistance sparking an uptrend which saw profit taking at HKD 300-320 (S$5.10-5.44). Potential entry near support HKD 250 (S$4.25) if short term trend reverses upwards. (SDR ratio-10:1) 💰 HSBC ( $HSBC HK SDR 5to1 (HSHD.SG)$ HSHD) attempts to find new highs. Support at HKD 66.5 (S$2.26), break above resistance HKD 70 (S$2.38) for a potential bullish move to HKD 75 (S$2.55). (SDR ratio-5:1)
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