24/02/2025
HSI took off like a rocket… then remembered it forgot its wallet and came back for a quick retrace!”
Next target : 24385

HSI 1W Chart
snapshot
Look at that! ignore the news, the movement and volume
finance.yahoo.com/quote/^HSI/history/?frequency=1wk
Goldencross for the week of 3Feb2025 – with trading volume jumped from 3.69bn to 15.12bn.
And the subsequent week volume keeping at >20bn level (for the week of 10Feb & 17Feb)
Let’s monitor if this week keeping the same level of volume for the 3rd week.

finance.yahoo.com/quote/^HSI/history/?frequency=1d
we noticed the trading volume increased from 4.42Bn to 6.1673bn last Friday 21Feb25

tradingview.com/news/reuters.com,2025:newsml_L2N3PF01E:0-shoucheng-hits-over-1-1-2-year-peak-on-investing-in-china-s-robot-firm/
** The Hang Seng Composite Index on information technology firms and the Hang Seng Tech Index slip 0.5% and 0.1% respectively, while Hang Seng Index adds 0.4%
** Stock up 76.9% YTD

HSI
snapshot
The last Oct Hi @ 23241 has been broken today!
MACD, KDJ and BB remained at bullish zone.
Key support level: 22990,22668,22446
Key resistance level : 23675,24167,24385

Look at the 1h chart – posted
HK50
Today Trade Plan:
Buy into support : 23300-23500
Sell at resistance : 23650-23700 (TP:23630)

Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!

Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let’s follow our own strategy and zen with and .

Happy Trading everyone!

Reminder : start to accumulate China & HKG for the potential upside for the year! Today retracement is a good entry point.
2800 2823 2801 3067

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