Saturday, December 18, 2010

Hang Seng Index (HSI)



Currently HSI is trading at abt 22560. RSI below 40% and MACD still at negative position, however, it may just cross over for a rebound. HSI fall on declining volume suggest that the current correction is a healthy one.Rebound may be insight in the next 1-2 week.

My pick on friday: HSI23400MBLeCW110128
Stop loss: below 22410
Take profit: 24340 (max)

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