Hang Seng Index
לונג
מעודכן

A possible rebound for HSI ?

463
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.
הערה
added long position at 20920
הערה
2nd buying opportunity at 20858 support level
הערה
added long
הערה
scmp.com/news/hong-kong/health-environment/article/3193599/hong-kong-has-dropped-covid-19-hotel-quarantine?module=service_journalism_int&pgtype=homepage

IF 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.
הערה
will buy later as last night US market is likely to give it a boost!

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