Learn practical trading strategies.
Take control of your future!

Singapore & Malaysia
Knight Trader Boot Camp
Details in Facebook Gathering of Traders

Hang Seng – Broke out from symmetrical triangle

According to the price projection for a symmetrical triangle, it projected that there is a possibility that Hang Seng could go to 20350. But do take note that this is just a possibility. Will it happen, we will know in few days/weeks. Right now if you are thinking about entering tomorrow onwards, do note that you will be taking extra risk as you will be chasing. I have been holding my HSI long since the day after the  hammer on 19th Dec and have been taking profits off the table and now left very very small for punting purposes.

Next resistance to watch out for would be 19250.
Hang Seng Index




Comments are closed.


©2013 Charting Academy Pte Ltd