$LION OCBC HSTECH ETF S$(HST.SI)$  retreats as a slew of poor economic numbers discouraged investors. however, institutional investors are 6 months forward looking. they will position their money 6 months before the bubble starts to form. 

if you take a look at the chart for$SGD/HKD(SGDHKD.FOREX)$  vs $HSTECH(HSTECH)$ , you will see a strong correlation. if you look at sgdhkd, it is on an uptrend. this signals that hstech will continue to trend up too. 

if you examine the pnf for hstech, you can also see that it is turning upwards, signaling the start of a bull trend. though weak but it takes time for the economy to recover from covid. 

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup @TigerStars   for reviewing our posts. merci beaucoup@TigerWire  for the voucher. 

merci beaucoup@LMSunshine  and@Asphen  for Sharing your analysis.