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Stocks

Hang Seng Index Retests Resistance Level

China’s Hang Seng Index has formed a bullish breakout above the yellow channel, and is currently retesting the yellow resistance line in an attempt to flip this level from resistance to support. I think HSI could form a bullish bounce here, and I would monitor to see if HSI holds above $20.4k. Follow me on […]Read More

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Stocks

Strong Selloff Continues for BABA

BABA has experienced a rejection just under the $120.12 resistance level, and has suffered a sharp decline for the past 3 weeks. I think BABA is still trending down, and there is risk for more downside. I would monitor for a rebound, and I have $89.21 as the next key support level on the way […]Read More

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Stocks

HOLO Drops to New All Time Lows

HOLO has reached new all time lows after dropping below $4. This was the scenario that I initially discussed with a shakeout to all time lows before a potential rally. Last time there was a 1:10 reverse stock split, a drop to new all time lows, and then a strong rally. This time we have […]Read More

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