$LION OCBC HSTECH ETF S$(HST.SI)$ will rise when the Chinese government introduce 2 new economic policies to support non-state-owned businesses. this is the time to accumulate when the price dips.
looking at the candlestick chart, you can observe that higher highs and higher lows are formed. according to dow theory, this is an uptrend. i would accumulate if it drops below 0.666
institutional investors are forward looking, so they would have positioned their funds 6 months before the bubble forms. they would most likely have cut their position when the Chinese economic numbers were bad. but they would most probably have accumulated at the bottom and took profit when the Chinese market rallied.
if you examine the pnf chart, it is ready to take off in a new bull trend. target price 0.78. the whole is interconnected, so the Chinese market is influenced by the us market which is in a bull trend. us inflation is declining and the fed may make their last hike and then pause. this is bullish for businesses.
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 and promoting our posts.
merci beaucoup@LMSunshine and @Asphen for sharing your analysis.
Comments
As of July 23, 2023, the current expense ratio of the HST.SI ETF is 0.45%. This means that for every $100 you invest in the ETF, you will pay $0.45 in fees each year.
The liquidity of the HST.SI ETF is considered to be good. The ETF has a daily trading volume of over 1 million shares, and the bid-ask spread is typically very narrow. This means that you should be able to buy and sell shares of the ETF easily at a fair price. Where else,its volatility of the is considered to be high. The ETF's 1-year standard deviation is 25%, which means that there is a 68% chance that the ETF's returns will fall within 25% of its average return over the past year. However, there is also a 16% chance that the ETF's returns will fall outside of this range, in either direction.