Hang Seng is another index set for upside.
Seems like between Asia, America and JSE upside is inevitable along with Europe (Which seem to be the turtles of moving.) But why the upside?
We don't know for sure, but we can speculate.
China stimulus: Beijing is rolling out fresh stimulus to support its economy.
Tech rebound: Major Chinese tech stocks like Alibaba and Tencent are bouncing back.
Property relief: Easing in real estate policies is reviving investor confidence.
Cheap valuations: Hang Seng stocks remain deeply undervalued compared to peers.
Global inflows: Foreign investors are rotating into emerging and Asia-Pacific markets.
And the technicals are self evident with a breakout pattern and momentum strategy approach.
Cup and Handle
Price>20 and 200
Target 2,6944
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Seems like between Asia, America and JSE upside is inevitable along with Europe (Which seem to be the turtles of moving.) But why the upside?
We don't know for sure, but we can speculate.
China stimulus: Beijing is rolling out fresh stimulus to support its economy.
Tech rebound: Major Chinese tech stocks like Alibaba and Tencent are bouncing back.
Property relief: Easing in real estate policies is reviving investor confidence.
Cheap valuations: Hang Seng stocks remain deeply undervalued compared to peers.
Global inflows: Foreign investors are rotating into emerging and Asia-Pacific markets.
And the technicals are self evident with a breakout pattern and momentum strategy approach.
Cup and Handle
Price>20 and 200
Target 2,6944
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.