Monday, October 4, 2010

Play safe

2000.HK is currently at 1.68, which reaches the supportive bottom level or the triangle. To play safe, it is better to wait for any breakout signals.

Hang Seng Index surged to as high as 22734, but then dropped following the poor performance in European markets, and closed at 22617. As I wrote in my last post, it would probably reach 22914 and plunge, so there are still 300 points to go.

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