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, Hong Kong stocks are up around 3% following reports that the city is considering relaxing the Covid rule. The Hang Seng index closed 3.38% higher at 19,450.23, while the Hang Seng Tech index gained 6.64%, bucking the trend in the rest of Asia-Pacific, which was weighed down by persistent recession fears 🤔On the technical front,1.) Looking at the H4 chart, I have a bullish bias for HSI with price above the Ichimoku cloud. I have entered a buy entry at 18235.48, where the previous swing low and 50% Fibonacci line are located.2.) My stop loss will be at 16829.00, slightly

Good day traders! We're looking at a potential buy setup for $HSI(HSI)$  And this is why: 1.) On the Monthly chart, the price has been in a descending trend since the beginning of January 2021. 2.) Look for a possible buy entry at 15566.81, where many Fibonacci lines intersect, as seen on the chart attached to this post. 3.) I'm hoping to play a reaction bounce on that area back up towards the 21497.42 level, which is where the 100% Fibonacci line and overall 50% Fibonacci line are placed. Is there anyone else who believes the same way? Trade Entry recommendations: Buy Entry: 15566.81 Take Profit: 21497.42 Stop Loss: 10676.29 Other tickers to recommend: For 5x Long Leverage: 

Hello, good day traders! 👋🤙 I'm looking for a potential sell📉 setup for $S&P 500(.SPX)$ , with both fundamental and technical indicators to back it up. 📰Fundamentally, Stocks decline following strong economic data. Data indicate a robust labor market and quicker economic growth than previously believed. The last few weeks have seen choppy stock prices. The market has been affected by the Federal Reserve's announcement that it will keep raising interest rates to combat inflation as well as predictions of a recession in 2023. 🤔On the technical front, 1.) Looking at the H4 chart, my overall bias is bearish with the price below the Ichimoku cloud, indicating a bearish market. 2.) Price has tapped into my sell entry at 386

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 th

Hello good day fellow traders! I'm looking for a potential buy📈 setup for $DJIA(.DJI)$ , with both fundamental and technical indicators to back it up. 📰Fundamentally, Dow closes 500 points higher thanks to positive earnings and high consumer confidence numbers. Following positive earnings reports from two bellwether companies that gave investors hope that corporate earnings might be better than expected despite a potential recession, stocks surged on Wednesday, rising for a second day. Sam Stovall, chief investment strategist at CFRA Research, stated that "we got a little oversold and I think the market was looking for a reason to rally, and the Nike and FedEx number provided that." "However, I really wonder if this is so

We're looking at a potential sell setup for $S&P 500(.SPX)$ And here is why:1.) On the H4 chart, the price has already been in a descending trend since the peak of December 2022 to date2.) Price is now testing a key level at 3650.02 where the previous swing low in June sits- prices have fallen about 24% since Jan 20223.) There might be some potential pull back before a major break out but if bearish momentum continues, we're looking for the price to go further down to 3225 levels where the previous swing lows and 161.8% extension sit4.) With all the macro news about interest rate hikes and unemployment, businesses are definitely affected hence we're fundamentally looking at a further downside to SPXDoes anyone have a

Good day, traders!We're looking into a possible sell setup for $Alibaba(BABA)$ And this is why:1.) The price has been in an descending trend on the daily chart since the beginning of August 2020 to date.2.) The price is currently trading at a all time low since 2016 around the 80.99 levels3.) It's at the 127.2% Fibonacci extension where we might expect some reversal4.) But the overall fundamental and technical view is that prices of Alibaba might drop further if it breaks the current key support levelDoes anyone have a similar bearish view?Trade Entry recommendations:Sell Entry: 80.99Take Profit: 58.78Stop Loss: 102.81Other tickers to recommend:For 5x Long Leverage: 

Hello, good day traders! 👋🤙 I'm looking for a potential sell📉 setup for $S&P 500(.SPX)$ , with both fundamental and technical indicators to back it up. ‌ 📰Fundamentally, Stocks fell on Friday, adding to their year-end decline, as concerns about a potential recession rise as a result of the Federal Reserve's ongoing rate hikes. The indexes experienced losses for the second week in a row. The S&P 500 dropped 2.08% for the week, bringing its losses for December to 5.58% as expectations for a year-end rally faded. Following the Fed's 50 basis point interest rate increase on Wednesday, the highest rate in 15 years, stocks declined this week. The central bank announced that rates would continue to rise through 2023, rea

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, According to a report from KGI Asia, Chinese stocks in Hong Kong are likely to rise next year thanks to a triple boost from looser Covid-19 curbs, expanding economic stimulus, and a peak in US interest rates. In its worst-case scenario, according to the broker, the Hang Seng Index will rise to 21,100 points in 2023, with benchmark stocks costing 10.3 times corporate earnings. That suggests a gain of 8.4%. The index's best-case scenario calls for a 20% increase to 23,300 points. Through 2023, the economy will be significantly impacted by how quickly China's pandemic

Good day traders!We're looking at a potential buy setup for $CapitaLandInves(9CI.SI)$ And here is why:1.) The price has been in a descending trend on the daily chart since the beginning of April 2022 to date.2.) The price is about to test a key support area at 3.30, where it has rejected multiple times since 2021.3.) There may be some opportunities for a buy entry at the 3.19 level, which corresponds to the -61.8% Fibonacci expansion.4.) The Ascott Limited recently unveiled Citadines Brand Refresh To Prepare For Next Phase Of Accelerated Growth For Its Aparthotel Brand in September. CapitaLand is also being lauded for its successful restructuring at the Singapore Business Awards 2022.Does anyone have a similar bullish v