HSI
Added 2025-01-03 10:05:52 +0000 UTCHSI pulled back for another retest of the 0.78 Fib on the first trading day of the year yesterday and once again held, price is still below the 50 Day MA so this is something I want to see broken above next in order to confirm the impulse wave 3 next.
The HSI has a habit of consolidating for long periods of time and then breaking out hard, I have no issue with this, as long as the structure remains in place.
$BABA, $BIDU and $NIO will be positions I will likely hold in 2025, only $BABA was included in the Top 10 list, but the other 2 are not in Wave 5, still undervalued and in terms of Risk v Reward, the price action favours the Reward side.
