I hope the Hong Kong market will make a turn around sooner than later. The last bearish daily candle shows that selling has not eased, yet. Hopefully, with the restrictions lifted, we can see some sectors like (hospitality, tourism, entertainment,etc) improved on their business.
Nota
added long position at 20920Nota
2nd buying opportunity at 20858 support levelNota
added longNota
scmp.com/news/hong-kong/health-environment/article/3193599/hong-kong-has-dropped-covid-19-hotel-quarantine?module=service_journalism_int&pgtype=homepageIF the local Hong Kong people have the opportunity to travel out of the country, that would means increase in consumption , be it products or services that they consume outside of HK. Look out for Cathay Airlines, travel related stocks that might benefit from this news.
Nota
will buy later as last night US market is likely to give it a boost!
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.