The Long Investor
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HSI
🕑 Added 2025-03-13 12:28:09 +0000 UTCHSI and $BABA are moving in sync, we can see that there are some profit takers with $BABA who have gained +100% in a year but any dip gets bought up almost immediately and this can happen in aggressive Wave 3's.
HSI has already retested its 3 year range breakout blue line but $BABA has not at $121 yet.
HSI does look strong here and if there is another retest and bounce then I believe Chinese positions will again move higher and this could be the trigger for $BIDU and $NIO to move higher too in their own Wave 3.
The HSI has been the perfect hedge for us this year.
Comments
Roberto Cusato
100% agree. Time for BIDU to shine
