Hong Kong Tech Index: Possible Change of MomentumPublished On: 25 November 2022, 9:21 AM |Donny Lew, Senior Dealer
- Looking at the chart of the Hong Kong Tech index, we can see that the prices have broken out of the downtrend line
- Prices have started moving toward the upside and form an uptrend channel.
- This might serve as an indication that the momentum has shifted and is poised to the upside
- Prices might find support on the lower support line of the uptrend channel
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