Reversal pattern on HKG33

HKG33 has broken through the resistance line of a Falling Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 18 days and suggests a possible target level to be around 18247.7579 within the next 3 days.

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