Its pretty obvious that HSI is in a downward channel, after failling to hold 28000 level. And with US stocks crashing on Friday, HSI is destined to open at an extremely low level on Monday. So we have to see if HSI drops to the lower end of the big negative channel. Of course I am not saying HSI would be bullish, but its really possible to see some rebound to the higher side of the channel within 1-2 days. The short term target price would probably be @27330ish level. But In a longer time frame(1 week maybe?) We might see HSI testing support line @26741. If that doesn't hold, prepare for your puts!
GL to all
Ty
GL to all
Ty