855.HKEX_Retracement Trade_Long

ENTRY: 8.55
SL: 7.67
TP: 10.60

- ADX>20
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Moving up since Jul 2021 and retraced to 38.2% fib level.
- Good reaction with the rebound above HVN under good volume.
- High volume green candles and low volume red candles in current range showing buyers in control.
- Market shifting to more defensive stocks in current HK/CN market.

Trade stängt: målet nått:

- Closed at 9.41
- Expecting a pullback as it had reached the previous high
- Watch for the retracement