More Than 15% Declined in This Year, 2018 | Hong Kong Hang Seng Index | AmiBrokerAcademy.com

June 28, 2018

 

Thanks for visiting the site.

Those try to buy high and sell higher now got trapped. 

Please stay in the strategy on buy low sell high and not buy high and sell higher. 

Hong Kong  Hang Seng Index Charting

Zoom in, and study the price action of the Hong Kong Hang Seng Index2018 price action.

Using the year high low, draw a box from the year high to the year low. See chart, We find Hong Kong Hang Seng Index has declined more than 15% or 3142 points so far. So far, the three indexes in Asia we studied including Hang Seng Index all declined, or crashed down. Is this all resulting from Mr US President, Trump intention of the tariff against the import, US import. Markets are now lack of confident all over.

We had also read about Hardy Division has cut down the production lines, as the material costs are too high and has no advantage to produce in USA.  Check the news from the reliable source to be more exact the cost and effect.

 

June 27, 2018 Hong Kong Hang Seng Index Charting

 

Moses

AmiBrokerAcademy.com

Disclaimer

The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.

These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.