Hong Kong Land - Downtrend Continue

Hong Kong Land downtrend continue as China implement its new security law for Hong Kong.  You can only shorts this stock. 

Hong Kong Land- Downtrend Still Not Yet Change

Current Market: (1)
(1) Bullish
(2) Bullish but cautious
(3) Bearish

Stocks / Reits / ETF Movement: (2)
(1) Uptrend
(2) Dowtrend
(3) Sideways

Trading Strategy: (2)
(1) Buy and hold long-term with trailing stop.
(2) Short-term trading.
(3) Average down and collect dividends.

Hong Kong Land still not out of the woods yet.  Hopefully, once the political situation stabilize, the trend will to change up.

Hong Kong Land - Did Not Cut Loss

As a trader, cutting loss is part of the trading system.  Somehow, still hang on when it fell below 6.40 as  I was hoping that the price might u-turn back.  If I want to be successful in trading, need to remind myself to be disciple in cutting loss.  No hope must be involved, just follow the chart and cut.

This happens on 24 July 2019, writing it down for self-reflection.

Hong Kong Land - Three White Soldiers Coming To The Rescue

Hong Kong Land had call upon the Three White Soldiers to rescue them.

Three White Soldiers indicate a change of investors sentiment towards the stocks, from bearish to bullish.

Let see next week are they strong soldiers.

Hong Kong Land - The Turmoil is Still on Going

Hong Kong is still in a political instability condition and Hong Kong Land behave likewise.  Political turmoil is bad for stock as Hong Kong protester does not seem to be giving up so soon.

Hong Kong Land Ripe for some Nibbling

The recent Hong Kong political turmoil have affected Hong Kong Land share price.  Usually, it is when there are fear you can buy something cheap.

Hong Kong Land Four Top

Happen to look at Hong Kong Land and notice it got four tops before it start to reverse.

Suddenly on 02 May 2019 it surged up.

However, 03 May 2019, it shows an indecision candle.  Will it continue to go up or drop back?  We shall see.