Either a rebound or a breakout imminent on Hong Kong 50 Index
Hong Kong 50 Index was identified at around 17685.02 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 18150.3664 level.
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