If the HSI falls below the major support at the 50-Day moving average of 15,314, it might have a negative impact on the recent rally seen in third and fourth liners stocks. -Ben Kwong

 

If the HSI falls below the major support at the 50-Day moving average of 15,314, it might have a negative impact on the recent rally seen in third and fourth liners stocks.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 9 total Ben Kwong quotes in our collection. Ben Kwong is known for saying 'If the HSI falls below the major support at the 50-Day moving average of 15,314, it might have a negative impact on the recent rally seen in third and fourth liners stocks.' as well as some of the following quotes.

I expect a pretty good growth from HSBC.

Ben Kwong

It's time for the blue-chip stocks to catch up with the H shares. It's obvious that funds are switching to blue-chip stocks from the pricey H shares, which may have reached a peak.

Ben Kwong

Property stocks rose because the market is speculating that other Hong Kong banks will also lower rates, reducing the burden on property buyers.

Ben Kwong

The market will move relatively sideways in the absence of any stimulus. There's a lack of trading theme.

Ben Kwong

Investors are hoping the 15,000 point level will hold. If the index breaks through that level, then the market may have further corrections. If it holds, then this means current market consolidation is a healthy one.

Ben Kwong