Hang Seng Cup and Handle upside to come
Cup and Handle has formed on Daily with Hang Seng.
The breakout was strong, and if we weren't in, we'd wait for a bit of a pull back for a consecutive entry level.
7>21 < 200 Moving Average which gives it a Bullish bias.
With the Covid restrictions lifting slowly and things finally showing a recovery to come for the economy, this could be the helpful catalyst for upside for the index.
The breakout was strong, and if we weren't in, we'd wait for a bit of a pull back for a consecutive entry level.
7>21 < 200 Moving Average which gives it a Bullish bias.
With the Covid restrictions lifting slowly and things finally showing a recovery to come for the economy, this could be the helpful catalyst for upside for the index.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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