I hope the Hong Kong market will make a turn around sooner than later. The last bearish daily candle shows that selling has not eased, yet. Hopefully, with the restrictions lifted, we can see some sectors like (hospitality, tourism, entertainment,etc) improved on their business.
Catatan
added long position at 20920Catatan
2nd buying opportunity at 20858 support levelCatatan
added longCatatan
tradingview.com/u/dchua1969/Catatan
scmp.com/news/hong-kong/health-environment/article/3193599/hong-kong-has-dropped-covid-19-hotel-quarantine?module=service_journalism_int&pgtype=homepageIF the local Hong Kong people have the opportunity to travel out of the country, that would means increase in consumption , be it products or services that they consume outside of HK. Look out for Cathay Airlines, travel related stocks that might benefit from this news.
Catatan
will buy later as last night US market is likely to give it a boost!
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.