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What happens when a multi year RSI downtrend is broken?
HSI
, 1M
Long
HSI: What happens when a multi year RSI downtrend is broken?
Updated 

The answer is usually an explosive move to the upside. The monthly RSI is close to being in oversold territory, so if someone wants to pick up some Chinese tech stocks, I think now is probably a good time to do so despite all the regulatory risks. Good luck with your trades

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