HI Guys, To me it looks like on monthly timeframe Hang Seng tech is bottomed up, as you can clearly see on this chart there is a clear bullish divergence on a montlhy timeframe as well as alot of index constituents are also showing bottoming formations
Any Long term investor can start accumulating on these levels
Pine Script®
Script Stock Name Percentage
KYG017191142 Alibaba Group Holding Limited 10.00%
KYG875721634 Tencent Holdings Ltd 9.00%
KYG9830T1067 Xiaomi Corporation 8.50%
KYG8208B1014 JD.com Inc - Class A 8.50%
KYG532631028 Kuaishou Technology 7.50%
KYG5479M1050 Li Auto Inc 7.10%
KYG6427A1022 Netease Inc 6.90%
KYG596691041 Meituan-W 6.50%
KYG070341048 Baidu Inc - Class A 4.70%
HK0992009065 LENOVO GROUP LTD 4.20%
Any Long term investor can start accumulating on these levels
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.