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CK Choy.

Market Sense 市场意识: HSI at critical junction for mid/long term trend determination
Be decisive, Be patient, Don’t be greedy, Don't be stubborn

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The information contained in is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

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Note:
All TA (Technical Analysis) view using charts are for illustration purpose only.
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Thursday, 20 October 2016

HSI at critical junction for mid/long term trend determination

by ckchoy

HSI powered up from low 19639 in Jun to top 24405 in 9 Sep represented a strong uptrend. From then it is stuck within the consolidation range around 24000 - 22967.
Watch the critical resistance 24000 and then top resistance at 24405 and critical support at 22770
to determine it will continue its uptrend or break down to downtrend.






Posted by ckchoy77 at 11:30
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