📊 HSI Weekly Market Analysis
The Hang Seng Index continues to hold its broader bullish structure after recovering strongly from early April lows.
However, short-term momentum has weakened:
Ascending channel remains valid
Lower highs & lower lows forming
Resistance rejection near channel top
Profit booking evident at higher levels
Trading View:
Medium-term bullish trend remains intact, but near-term bias turns corrective/sideways unless price breaks above recent highs.
💡 Follow for professional market analysis, trading ideas, and weekly outlooks.
#HSI# #HangSeng# #market# #technicalanalysis# #trading# #forexmarket# #StocksDrop# #investment# #Malaysia# #StockMarket#
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now