Hang Seng Index to rise further? 📈 ( China ends quarantine )

The Olympus Academy

Hello, good day traders! 👋🤙

I'm currently in a buy📈 setup for $HSI(HSI)$ , with both fundamental and technical indicators to back it up.

‌

📰Fundamentally,

China says it will end quarantine for inbound travelers on January 8, signaling the end of the country's nearly three-year-old zero-Covid policy.
According to health officials, the country also downgraded Covid from its current top-level Category A to a less stringent Category B.

‌

🤔On the technical front,

1.) Looking at the H4 chart, I have a bullish bias for HSI with price above the Ichimoku cloud, indicating a bullish market. I am looking for a possible buy stop entry at 19926.48, where the recent highs are located.

2.) My stop loss will be at 18885.20, where the 20% Fibonacci line and recent low are located.

3.) I am looking to take profit at 22423.51, where the previous swing highs are located.

‌

Trade Entry recommendations:

Buy Entry: 19926.48📈

Take Profit: 22423.51 💲

Stop Loss: 18885.20❌

‌

Other tickers to recommend:

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

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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Shan_shine
2022-12-28
Shan_shine
Time for HSI to shine in 2023
An Long
2022-12-28
An Long
[smile] [smile]
TBI
2022-12-28
TBI
probably. but it might still pullback heavily
BettyT
2022-12-28
BettyT
A good read. Thanks
vinH
2023-01-02
vinH
Thank for sharing
WKB
2022-12-29
WKB
Sure can go higher

Leave a comment

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Looking at the H4 chart, I have a bullish bias for HSI with price above the Ichimoku cloud, indicating a bullish market. I am looking for a possible buy stop entry at 19926.48, where the recent highs are located.</p>\n<p>2.) My stop loss will be at 18885.20, where the 20% Fibonacci line and recent low are located.</p>\n<p>3.) I am looking to take profit at 22423.51, where the previous swing highs are located.</p>\n<p>‌</p>\n<p><strong>Trade Entry recommendations:</strong></p>\n<p>Buy Entry: 19926.48<strong>📈</strong></p>\n<p>Take Profit: 22423.51 💲</p>\n<p>Stop Loss: 18885.20❌</p>\n<p>‌</p>\n<p><strong>Other tickers to recommend:</strong></p>\n<p>For 5x Long Leverage:&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/CWAW.SI\">$HSI 5xLongSG230420(CWAW.SI)$</a>&nbsp;</p>\n<p>For 5x Short Leverage:&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/CZBW.SI\">$HSI 7xShortSG230920(CZBW.SI)$</a>&nbsp;</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7fb2a0f31cb98457a75888dd62ddbe20\"></p></body></html>","htmlText":"<html><head></head><body><p>Hello, good day traders! 👋🤙</p>\n<p>I'm currently in a&nbsp;<strong>buy</strong>📈 &nbsp;setup for <a target=\"_blank\" href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$</a>&nbsp;, with both fundamental and technical indicators to back it up.</p>\n<p>‌</p>\n<p>📰<strong>Fundamentally</strong>,</p>\n<ul>\n <li>China says it will end quarantine for inbound travelers on January 8, signaling the end of the country's nearly three-year-old zero-Covid policy.</li>\n <li>According to health officials, the country also downgraded Covid from its current top-level Category A to a less stringent Category B.</li>\n</ul>\n<p>‌</p>\n<p>🤔<strong>On the technical front,</strong></p>\n<p>1.) Looking at the H4 chart, I have a bullish bias for HSI with price above the Ichimoku cloud, indicating a bullish market. I am looking for a possible buy stop entry at 19926.48, where the recent highs are located.</p>\n<p>2.) My stop loss will be at 18885.20, where the 20% Fibonacci line and recent low are located.</p>\n<p>3.) I am looking to take profit at 22423.51, where the previous swing highs are located.</p>\n<p>‌</p>\n<p><strong>Trade Entry recommendations:</strong></p>\n<p>Buy Entry: 19926.48<strong>📈</strong></p>\n<p>Take Profit: 22423.51 💲</p>\n<p>Stop Loss: 18885.20❌</p>\n<p>‌</p>\n<p><strong>Other tickers to recommend:</strong></p>\n<p>For 5x Long Leverage:&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/CWAW.SI\">$HSI 5xLongSG230420(CWAW.SI)$</a>&nbsp;</p>\n<p>For 5x Short Leverage:&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/CZBW.SI\">$HSI 7xShortSG230920(CZBW.SI)$</a>&nbsp;</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7fb2a0f31cb98457a75888dd62ddbe20\"></p></body></html>","text":"Hello, good day traders! 👋🤙 I'm currently in a buy📈 setup for $HSI(HSI)$ , with both fundamental and technical indicators to back it up. ‌ 📰Fundamentally, China says it will end quarantine for inbound travelers on January 8, signaling the end of the country's nearly three-year-old zero-Covid policy. According to health officials, the country also downgraded Covid from its current top-level Category A to a less stringent Category B. ‌ 🤔On the technical front, 1.) Looking at the H4 chart, I have a bullish bias for HSI with price above the Ichimoku cloud, indicating a bullish market. I am looking for a possible buy stop entry at 19926.48, where the recent highs are located. 2.) My stop loss will be at 18885.20, where the 20% Fibonacci line and recent low are located. 3.) I am looking to take profit at 22423.51, where the previous swing highs are located. ‌ Trade Entry recommendations: Buy Entry: 19926.48📈 Take Profit: 22423.51 💲 Stop Loss: 18885.20❌ ‌ Other tickers to recommend: For 5x Long Leverage: $HSI 5xLongSG230420(CWAW.SI)$ For 5x Short Leverage: $HSI 7xShortSG230920(CZBW.SI)$","highlighted":2,"essential":2,"paper":2,"likeSize":266,"commentSize":84,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9924378824","repostId":0,"isVote":1,"tweetType":1,"viewCount":4764,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["CZBW.SI","HSI","CWAW.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":925,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":105364514,"commentId":"105364514","gmtCreate":1672192927940,"gmtModify":1672192938378,"authorId":3548499403880271,"author":{"id":3548499403880271,"idStr":"3548499403880271","authorId":3548499403880271,"name":"Shan_shine","avatar":"https://static.tigerbbs.com/7306949daae7474b0e20d43d0ce0e70c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9924378824,"objectIdStr":"9924378824","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Time 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[smile]","likeSize":4,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":105364180,"commentId":"105364180","gmtCreate":1672192583501,"gmtModify":1672192596692,"authorId":3585745902929799,"author":{"id":3585745902929799,"idStr":"3585745902929799","authorId":3585745902929799,"name":"TBI","avatar":"https://community-static.tradeup.com/news/1664274bbe9db4e643a17a6fb0682e3b","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"星级创作者","description":"累计发表精华帖>=3（或有料帖>=10），且30天内发表过至少一篇精华帖（或4篇有料帖）并参与过评论","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.04","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"星级创作者","description":"累计发表精华帖>=3（或有料帖>=10），且30天内发表过至少一篇精华帖（或4篇有料帖）并参与过评论","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.02.04","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":1,"categoryType":2007}]},"repliedAuthorId":0,"objectId":9924378824,"objectIdStr":"9924378824","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"probably. but it might still pullback heavily","text":"probably. but it might still pullback heavily","html":"probably. but it might still pullback heavily","likeSize":4,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":105364149,"commentId":"105364149","gmtCreate":1672192519656,"gmtModify":1672192530073,"authorId":3580536610076415,"author":{"id":3580536610076415,"idStr":"3580536610076415","authorId":3580536610076415,"name":"BettyT","avatar":"https://static.tigerbbs.com/6a4dfe2f455acd2af7629f83ce30e20c","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9924378824,"objectIdStr":"9924378824","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<span class=\"s1\">A good read. Thanks</span>","text":"<span class=\"s1\">A good read. Thanks</span>","html":"<span class=\"s1\">A good read. Thanks</span>","likeSize":4,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":105425405,"commentId":"105425405","gmtCreate":1672647263254,"gmtModify":1672647276523,"authorId":4127369051552972,"author":{"id":4127369051552972,"idStr":"4127369051552972","authorId":4127369051552972,"name":"vinH","avatar":"https://community-static.tradeup.com/news/52792351e540c8a1d9fd4841de742c94","vip":1,"crmLevel":11,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9924378824,"objectIdStr":"9924378824","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thank for sharing","text":"Thank for sharing","html":"Thank for sharing","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":105376452,"commentId":"105376452","gmtCreate":1672275878465,"gmtModify":1672275891497,"authorId":3580984813011332,"author":{"id":3580984813011332,"idStr":"3580984813011332","authorId":3580984813011332,"name":"WKB","avatar":"https://static.itradeup.com/news/61aaa43602e6cbc5c092a0b5d2f80e0c","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9924378824,"objectIdStr":"9924378824","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<span class=\"s1\">Sure can go higher</span>","text":"<span class=\"s1\">Sure can go higher</span>","html":"<span class=\"s1\">Sure can go higher</span>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9924378824"}