#HongKong

Jay

Nov 3, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Conglomerates and Energy are rolling over. Financials bounced from a strong support at the 61.8% Fibonacci retracement of the 2016 to 2018 advance. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

Jay

Oct 28, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Conglomerates are showing strong Relative Strength even-though the absolute price shows some weakness. Financials are outperforming on a Relative Strength basis and, on an absolute price basis, could be finding some support at the 61.8% Fibonacci retracement of the 2016 to 2018 advance. Technology and Services are currently the weakest sectors. Interesting week ahead! Jay #HongK

Jay

Oct 21, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Utilities have a strong Relative Strength and near its support level from a rising channel. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

Jay

Oct 14, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Energy, Telecom and Financials have currently the strongest Relative Strength. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

Jay

Oct 7, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Energy and Telecom, are still the two strongest sectors, while Technology is at a make or break junction, i.e. bouncing off it's long term uptrend line or breaking down. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

Jay

Sep 30, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Energy and Telecom, are currently the two sectors with good momentum, rising absolute price and relative strength. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

Jay

Sep 22, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The expected bounce in Financials, Consumer & Industrial Goods, Materials and Services sectors happened. Important to see which one(s) will be able to follow through this coming week. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

Jay

Sep 15, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Telecom and Energy remain the sectors with the strongest trend in relative terms. The past week's price action in Financials, Consumer & Industrial Goods, Materials, and Services sectors have produced a hammer at respective key levels, i.e. a bounce within the ongoing downtrend could be expected. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInter

Jay

Sep 8, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The Telecom sector is an outperformer in relative terms. In absolute price it has broken out of a falling wedge with strong momentum. he Technology sector is one to follow closely in the next few days/weeks. Will the price be able to bounce off its uptrend line from the 2011 low or will it break down? In relative terms, it broke down vs. the HSCI about a month ago... or is that j

Jay

Sep 1, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The Properties & Construction sector is acting well in relative terms, even-though it is currently range bound in absolute price with the 38.2% Fibonacci retracement level of the 2016 low to 2018 high acting as support. The Services, Industrial Goods and Consumer Goods sectors are stabilizing their downtrend at the 50% Fibonacci retracement level of their respective 2016-2018 adva

Jay

Aug 25, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The Energy sector was placed on the watch-list for an upgrade. While still range bound in absolute price, is breaking out of a year long bottoming process with momentum holding in a bullish range. The Services, Industrial Goods and Consumer Goods sectors are stabilizing their downtrend at the 50% Fibonacci retracement level of their respective 2016-2018 advance. Interesting week ahe

Jay

Aug 18, 2018

Charts Interpretation - Hong Kong

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Although the Conglomerates and Telecom sectors are still below their 40-week Moving Average on an absolute price basis, it is in relative terms vs. the HSCI that they are both currently most interesting. The Conglomerates are breaking out of a 2 year downtrend. The Telecom sector is breaking out of a basing pattern and also showing a bullish divergence on the RSI. Interesting week a

The weekly Hong Kong Charts Interpretation has been updated...

Jay

Aug 11, 2018

The weekly Hong Kong Charts Interpretation has been updated...

...and you can find it here. #HongKong #Relative

Jay

Aug 5, 2018

The weekly Hong Kong Charts Interpretation has been updated...

...and you can find it here. #HongKong #Relative

Jay

May 6, 2018

Charts Interpretation - Hong Kong

Just a quick note on some stock names listed in Hong Kong, as it'll be interesting to see how they act in the next few days from their current support/resistance level which should give us a hint on the overall trend. Let's start with those currently testing support: Tingyi (322) Swire (19) Bank of China (3988) Link Reit (823) ICBC (1398) ...then those testing resistance: HK & China Gas (3) China Resources Power (836) ...and finally those retesting their breakout level: Hang