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The website uses powerful charting software AmiBroker.
Chart Analysis
Look left and think right.
When you trade you must good reason for your buy or sell. Especially in the current market condition, you definitely must find as much reason as you can to support your trade decision and strategy.
Hong Kong Stocks Benchmark Hang Seng Index | ^HSI
Let’s scan the Hong Kong Hang Seng Index, see chart data since 2010. You can see the low and the high of the Hong Kong Stock market Index.
See the chart, HSI has breakout from the equal distance channel, EDC. Trade the index with care.
About Hang Seng Index
The Hang Seng Index is a free-float capitalization-weighted index of a selection of companies from the Stock Exchange of Hong Kong. The components of the index are divided into four subindices: Commerce and Industry, Finance, Utilities, and Properties.
Compare Hong Kong Stock Market and Singapore
See the following Singapore Stock Market Index, Straits Times Index, ^STI for the same period of time. Any different? It has also breakout from Equal Distance Channel.
Thanks for visiting the website.
Moses
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Website advice, “Stock trading is not a get rich quick scheme and it is high risk”.
Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should NOT be considered as an offer or enticement to buy, sell or trade.
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