The Long Investor
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HSI
🕑 Added 2025-02-14 12:12:26 +0000 UTCSome might believe that $HIMS has been one of my greatest works but I am certainly proud of the guidance I have given towards the HSI
Considering all factors against us towards China
The negative sentiment towards China has been some of the worst I have seen over the last 18 months but the chart always told us a different story, combined with our understanding of China's ability to stimulate and step in to save their economy, by looking at previous events over the last 25 years.
This was more than just two lines on a chart.
It is also another example of how theory can help guide you, as this chart has been flawless if we continued to follow the rules of Elliott Wave Theory, which is even more pronounced the large the asset class.
HSI and now run as strong as $BABA and a pull back to the 50 Day MA here at 20,000 until earnings are out of the way would also be welcomed and gives us a chance to add again.
So bare this in mind when the pull back comes, keep referring back to the chart, it settles all emotions.
