The Long Investor
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HSI
🕑 Added 2025-01-21 11:39:25 +0000 UTCLet's take another look at the expected impulse wave of the HSI for this year once the price can stay above the 50 Day MA now above 20,000.
We have a hold on the 200 Day MA and on the 0.618 Fib, also with a 3 wave pull back for Wave 2.....this is as standard as you are going to get, I don't care that this pull back started in Sept, all I am interested in is structure and that will never change.
We all know by now that time is never an issue, holding is never an issue either, only your approach to it.
Trump has not shown any aggression towards China and has signed over 60 executive orders on his first day and again nothing was directed at China.
If he was going to make a statement, this would have been the time
Chinese policy makers have also said they will announce another stimulus plan directed at 10 industries to help the Chinese economy.
All of this combined should fuel this impulse wave.
I am holding $BABA, $BIDU and $NIO.
