Bias bullish 04 June 2022
Chinese Tech Shares have been beaten down badly since the kick start of the tech regulation.
However, last week, couple of Chinese tech shares reported good earnings and with China border reopening may bring good news effect on it.
RSI showing bullish divergence.
Resistance: $0.9
Key stats
About LION-OCBC SEC HSTECH US$
Home page
Inception date
Dec 10, 2020
Replication method
Physical
Primary advisor
Lion Global Investors Ltd.
ISIN
SGXC56627679
The investment objective of the Fund is to replicate as closely as possible, before expenses, the performance of the Hang Seng TECH Index using a direct investment policy of investing in all, or substantially all, of the underlying Index Securities
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Consumer Durables
Stock breakdown by region
[Analysis] LION-OCBC SEC HSTECH (HST)(SG)A falling wedge pattern is forming.
Volume is heavier at the bottom of the wedge which represents significant buying.
While there is no way to tell how long will this falling wedge continue to form, but one thing is for sure,
It will eventually head up!
Average down WISELY! Emphasis on the word
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.