HSI made a concentrate breakthrough, aim for higher

HSI made a concentrate breakthrough above 29000 and 29200, which are key ranging area and resistance levels.

A valid uptrend should no drops below 29000 (also approx the 10 days EMA), above that uptrend remains intact.

Upper level targets 29600, 29900 (orange resistance) and 30050 (Fibo resistance)

Kommentar:

hitting short term channel resistance, should take half profit