1238.HK (SEHK)

1238.HK SEHK

Powerlong Real Estate Holdings

STAY LONG

0.2950

Prev.Close

0.3050

Change

-0.0100

Change%

-3.28%

BEARISH DESCENDING HAWK

Bought at

0.2980

Open

0.2950

High

0.3000

Low

0.2850

0.2950

Loss%

-1.01%

Signal History

Date	Price	Signal	Change%		HKD100⇨
06-25	0.2980	BUY	-1.0%	❌	83
06-13	0.3220	SELL	-7.5%	✔	83
06-05	0.3130	BUY	+2.9%	✔	81
05-22	0.3320	SELL	-5.7%	✔	81
05-19	0.3400	BUY	-2.4%	❌	84
05-14	0.3400	SELL	0.0%	❌	84
05-02	0.3500	BUY	-2.9%	❌	87
04-29	0.3220	SELL	+8.7%	❌	87
04-22	0.3280	BUY	-1.8%	❌	89
03-19	0.4700	SELL	-30.2%	✔	89
03-13	0.4700	BUY	0.0%	❌	89
03-10	0.4650	SELL	+1.1%	❌	90
02-27	0.4700	BUY	-1.1%	❌	91
02-18	0.4700	SELL	0.0%	❌	91
02-10	0.4800	BUY	-2.1%	❌	93
02-03	0.4500	SELL	+6.7%	❌	94
01-21	0.4600	BUY	-2.2%	❌	96
01-10	0.4550	SELL	+1.1%	❌	96
01-07	0.4700	BUY	-3.2%	❌	100

† Trade commissions are taken as 0.30%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 2025-06-25, 5 days ago, when the stock price was 0.2980. Since then, 1238.HK has fallen by -1.01%.

Market Outlook

The market is no longer favoring the bulls. Bearish signals are increasing, and the chances of a substantial downside breakout are considerably high. The share price is below the confirmation level of the last bearish pattern, but the signal is still suggesting to STAY LONG. The <SELL signal requires a black body whose close is below the confirmation level and the chance of detecting such a black candlestick is high. The Delayed Intraday Module is ON. Due to the elevated risk, closely monitoring the intraday price action has become indispensable.

Pattern Description

This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white. more...

Date	Price	Signal	Change%		HKD100⇨
06-25	0.2980	BUY	-1.0%	❌	227
06-13	0.3220	SELL	-7.5%	✔	228
06-05	0.3130	BUY	+2.9%	✔	222
05-22	0.3320	SELL	-5.7%	✔	223
05-19	0.3400	BUY	-2.4%	❌	229
05-14	0.3400	SELL	0.0%	❌	229
05-02	0.3500	BUY	-2.9%	❌	237
04-29	0.3220	SELL	+8.7%	❌	238
04-22	0.3280	BUY	-1.8%	❌	243
03-19	0.4700	SELL	-30.2%	✔	244
03-13	0.4700	BUY	0.0%	❌	244
03-10	0.4650	SELL	+1.1%	❌	245
02-27	0.4700	BUY	-1.1%	❌	248
02-18	0.4700	SELL	0.0%	❌	249
02-10	0.4800	BUY	-2.1%	❌	255
02-03	0.4500	SELL	+6.7%	❌	256
01-21	0.4600	BUY	-2.2%	❌	262
01-10	0.4550	SELL	+1.1%	❌	263
01-07	0.4700	BUY	-3.2%	❌	273
12-11	0.5700	SELL	-17.5%	✔	274
12-09	0.5800	BUY	-1.7%	❌	279
12-05	0.5500	SELL	+5.5%	❌	280
11-27	0.5600	BUY	-1.8%	❌	286
11-13	0.5800	SELL	-3.4%	✔	287
10-30	0.6200	BUY	-6.5%	❌	308
10-23	0.6000	SELL	+3.3%	❌	308
10-16	0.6700	BUY	-10.4%	❌	345
10-08	0.8800	SELL	-23.9%	✔	347
09-26	0.3740	BUY	+135.3%	✔ 👍	148
09-23	0.3370	SELL	+11.0%	❌	148
09-16	0.3305	BUY	+2.0%	✔	146
08-29	0.5000	SELL	-33.9%	✔	146
08-23	0.5200	BUY	-3.8%	❌	152
08-05	0.5700	SELL	-8.8%	✔	153
07-31	0.5900	BUY	-3.4%	❌	159
07-19	0.6550	SELL	-9.9%	✔	159
07-11	0.6000	BUY	+9.2%	✔	146
07-08	0.5900	SELL	+1.7%	❌	147
06-26	0.5900	BUY	0.0%	❌	147
06-18	0.6400	SELL	-7.8%	✔	148