The Long Investor
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HSI
🕑 Added 2025-04-10 15:40:41 +0000 UTCHSI has bounced on its 200 Day MA as has $BABA and both of these charts continue to be in sync.
We can also see that the HSI held support on the 200 Day MA in early Jan and nounced very aggressively, almost +25% in 2 months.
I think there is optimism that the Chinese govt will step in now and announce a stimulus measure to safeguard the economy for at least the next 90 days and that buys them time and leverage.
I did add $BABA yesterday at $102.
