HSI: Continue rebound
Basic face analysis:
On Wednesday (August 23), the three major indexes of Hong Kong stocks ushered in the outbreak of the afternoon, and the HSI rose 0.95%. On the market, the heavy technology stocks rose across the board, and the rise of Chinese -funded brokerage stocks to drive in the afternoon to drive the market to make a lot of atmosphere. Looking forward to the market outlook, the current valuation of Hong Kong stocks is located at a low level in history. It has long -term configuration value under the background of the macro environmental path is clear.
HK50 four -hour chart
Looking at the 4-hour chart, the HSI rebounding near 17900 was blocked again. The amount of MACD could continue below the zero axis. The resistance still focused on 17900-18300.
Resistance position: 17900 18300
Support bit: 17500 17200
Trading strategy: 7900, go below, target 17500 17200
Extracting strategy: Bulling above 17900, target 18300 18700
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