我i168
2022-06-19

$Lion-OCBC Sec HSTECH S$(HST.SI)$...is HST on an up trend?

It surely looks like that to me.

It has higher lows since middle March's all time low at 0.584 and has crossed the 50-D MA line. Further crossing 100-D MA line is certainly a good indicator of a middle-term rise trend.

Fundamentally, Chinese techs have experienced a broad and significant decline during the past 2+ years due to China's regulatory actions and geopolitical pressures.

Since middle March, HST has recovered from its ATL for c.40%. 

China has reaffirmed policies to support the technical industries including the all powerful Internet platform companies.

So it certainly looks like we're gettinga better time ahead of us, and HST could be a good counter to take the ride.

What do you think?

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Comments

  • 錢小欽
    2022-06-19
    錢小欽
    我是依据指数的温度定投的,如果有更低温度,依然会继续定投,现在还低于10度,如果温度热了,进入酷暑时就卖出!
  • nimbly
    2022-06-19
    nimbly
    It seems have a high potential.
  • Oldhead
    2022-06-20
    Oldhead
    Hong Kong and China markets have stabilised lately.
  • wigglyz
    2022-06-19
    wigglyz
    Thanks for your sharing.Continuously attention to it.
  • zinglee
    2022-06-19
    zinglee
    Is it worth buying now?
  • Moolele
    2022-06-19
    Moolele
    I can only hope for no new lows for now 😅
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