Above is the daily chart for Hong Kong Exchange (0388.HK). Following the 6 consecutive plunges in Hang Seng Index, HKEx is heading back to its support line at 115. This support looks quite strong that the price did not even have a false break. Once HKEx breaks 115, the red downtrend channel would become the support instead, which is at around 112.
It can be said to be in somewhere middle, and future movement depends on how HSI moves.
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