12-03-2024, 01:47 PM
(12-03-2024, 01:12 PM)Zannn Wrote: Sgbuffett, Hsi cheong 17k coming!
17K is a strong resistances.
Also over bought so will turn down soon.
Those who buy today are the mass amateur traders who will get burnt once the US CPI comes out tonight and expected to be bad.
Temporary rallies = Temporary excitement ...these people will cry later when as usual the China market sinks fast downhill.
Those who are buying today are asking for trouble as they are buying at the exact resistance that the market will peak off and come down fast.
This is the best time to SHORT not to buy.
Using technical analysis which is very reliable we find today is the turning point for HSI and HS Tech.
Smartvprofessional traders are SHORTING.
![[Image: 0btL0Do.png]](https://i.imgur.com/0btL0Do.png)
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.