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Posts tagged as “HSI”

China Real Estate Stocks Soar

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In the past 20 trading days (about 1 month), China real estate stocks have performed very well. Vanke (2202) and Longfor (0960) performed best among large-cap stocks, rising 61.8% and…

Hang Seng Index recovers from behind

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The Hang Seng Index (HSI) has risen 6.8% this year, second only to the Nikkei’s 14.3%, and better than the S&P’s 6.2% and the Nasdaq’s 5.5%. 360miq.com

Hang Seng Index (HSI) Makes a Comeback

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● Hang Seng rose 5 days in a row with a total gain of +8.8% ● +8.8% is the best weekly % gain in 652 weeks since 2011-10-28 Fri ●…

Hang Seng Index challenges the 3-year major resistance

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Recently, HSI rebounded from the white trading range bottom. at the same time, the daily RSI bounced off the yellow down trendline. HSI clearly broke through the purple down channel…

Hang Seng Index Double Tops with False Breakout

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The Hang Seng Index (HSI) recently regained the orange up trendline and broke above the purple down channel top that had persisted for over a year, but quickly retreated, suggesting…

Hang Seng Index at Multiple Supports

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The Hang Seng Index (HSI) is testing the 50-day moving average and two orange trend lines, and they had better stand their ground. On the upside, major resistance is at…

Beijing’s Market Rescue: Draconian Measures Effective?

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China Securities Regulatory Commission (CSRC) stated in the evening on the 5th that amid recent stock market volatility, there were ‘unlawful elements’ engaged in ‘illegal profiteering.’ Multiple cases of ‘market…

HSI Challenges 2 Downtrend Resistances 2022-03-18

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HSI is challenging MA20 and the middle of the orange down-channel. HSI needs to stay above them to stop the downtrend. Otherwise, be prepared for at least a double bottom.…

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