It seems that Hang Seng Index does not have to drop till the red line for support. The cyan pitchfork as well as the 61.8% fibs level are pretty supportive too. Bad news are almost digested and the correction ends. If HSI does not breakdown till next Monday close, it would be good time to long some stocks.
Can I ask one question?
ReplyDeleteWhat is the meaning of 'long some stocks', does it mean that buying stocks for long-term .