Hong Kong Exchange stock 3 questions for investors

  1. Is that 2007 high a resistance level?
  2. What are the chances that April-May price action was a test of 2007-high and test result indicates ‘resisted’?
  3. When will those investors who bought last year’s failed penetration realise they are wrong, turn into a selling force?

If there is any doubt, fresh 52-week low will answer.

Hong Kong Exchange (ticker 0388) monthly chart mid-2000 to present

Hong Kong Exchange (ticker 0388) monthly chart mid-2000 to present

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Soh Tiong Hum is Director of TerraSeeds Market Technician Pte Ltd. TerraSeeds is a trading educator in Singapore since 2005.   Soh's Twitter account @sohtionghum was ranked #23 out of The Top 70 Twitter Accounts To Follow In 2015 by MahiFX.   Disclaimer notice: "I do not have a financial advisor's license. I am not qualified by any regulator to give financial advice. I do not know you the reader. Your investment means and motive may be different from me. My posts here are based on observations and meant for education. I am not responsible for for any consequence from your actions."
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