Pro traders will offload before or near resistance.
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(26-02-2025, 03:23 PM)Zannn Wrote: Bro Hstech 6000!!
(26-02-2025, 03:25 PM)sgbuffett Wrote: 6000 is a strong resistance.
HS Tech is too overbought and faces a sharp correction.
Many stock hitting resistance level and will constrain HS Tech from rising further.
Alibaba for example faces strong resistance at $140and stuck below this.
HS Tech will touch 6000 and turn down. ...
(27-02-2025, 09:59 AM)sgbuffett Wrote: Alot of selling pressure for HS Tech above 6000 level.
Once this key level breaks pro traders will start shorting to trigger stop loss of novice traders who rushed in this morning.
(27-02-2025, 10:13 AM)webinarian Wrote:
Lion OCBC HST is taking me to the outer space.
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(27-02-2025, 02:51 PM)Zannn Wrote: Congrats Sgbuffett ha tech rally again
(26-02-2025, 03:39 PM)sgbuffett Wrote: After touching 6000, HSTech plunges as expected due to 6000 being string resistance.
Many pro traders shorted at 6000 now profitable
(26-02-2025, 03:39 PM)sgbuffett Wrote: After touching 6000, HSTech plunges as expected due to 6000 being string resistance.
Many pro traders shorted at 6000 now profitable
(04-03-2025, 10:58 AM)Cmpunk Wrote: So ah butt what is your view for HK market still shorting ?
(04-03-2025, 12:17 PM)teaserteam Wrote: No fundamental changes except for the hype from AI. HSI is heading downhill from here.