$HSI: Daily trend reversal?
Interesting spot in the Hang Seng index here...
Upside targets seem reasonable for a mean reversion move, but there is a lower probability chance for a long term bottom as well.
Let's see if it gets follow through, risk is low enough to try buying a small position.
Best of luck!
Cheers,
Ivan Labrie.
Upside targets seem reasonable for a mean reversion move, but there is a lower probability chance for a long term bottom as well.
Let's see if it gets follow through, risk is low enough to try buying a small position.
Best of luck!
Cheers,
Ivan Labrie.
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