Lion OCBC Sec HSTech ETF HST - Postivie

What does this stock chart says?

As China start opening up, so does its share trend.

Lion OCBC Sec HSTech ETF - HK Tech Still in Distress

Hong Kong Tech stocks still in distress.  No sign of turning yet.  Best to keep away.

Lion OCBC Sec HSTech ETF HST - Support Resistance Intact

I believe the Chinese government is doing the right thing for the tech sector.   Government need to intervene when they see something wrong with the current system where the BIG sharks are eating away all the small fishes.  The China big tech price action are likely to move sideways for the movement.

09 July 2021 - Demand coming

15 July 2021 - Down setup

The parallel line can be seem easily even without drawing the support (1.25) and resistance (1.40).

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - End of Rising Market

End of Rising Market on 25 June 2021 proven correct:

https://sgstocklink.blogspot.com/2021/06/lion-ocbc-sec-hstech-etf-hst-next-week.html

Ended the week down and near the well supported 1.30

Lion OCBC Sec HSTech ETF HST - Next Week Decision Time

Lion OCBC Sec HSTech ETF HST at the resistance mark.

If this is the double TOP then down it goes back to 1.30.

If it break up, then we can see higher price action at 1.45

Smart monies like to test traders mind and keep them in suspend.

25 June 21 - Technical signal is End of rising market?  Next week we can tell if the technical signal is right or wrong, likely because of the double TOP.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF - Point of Support

Lion OCBC Sec HSTech ETF HST looks well supported at this level.   However, it need to clear the resistance @ 1.40 - 1.43 before it can goes higher.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF - Positive Candle

Technology stocks are the future and the Lion OCBC Sec Hong Kong Tech ETF looks promising for a test entry now with all the negative news more or less discounted.

Test entry means can start to nibble some.  Confirm entry will be when price action perform a zig-zag higher high and higher low.

Probability of upside is higher now as price action had move out of downtrend line after 8 sideways candle.

1.35 is the 1st support  and 1.30 is the 2nd support while 1.40 the 1st resistance and 1.45 the 2nd resistance.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - Watch for Breakout Direction

Near the decision point.  Watch for breakout direction.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - Bears in Control

Bears still controlling the China Tech sector.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - Turning Into a Cat

After the China Government crack down on Tech stocks, this Lion had turn into a Cat.

It is a bit tricky to buy and sell at the zone as price keep forming lower high and lower low.  Best to keep away for now and wait for the tide to turn.  

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - 12 Mar 21

If another 2 bullish bar, probability of uptrend continuation will be great.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - 05 Mar 21

Lion OCBC Sec HSTech ETF (HST) reach an important buying support area. 

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - Watching To Catch the Reversal

Last week tech sell down offers an opportunity to accumulate the Lion OCBC Sec HSTech ETF HST which is an ETF for the 30 largest technology companies in Hong Kong.  

Will be watching to accumulate on rebound.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - 05 Feb 2021

Lion OCBC Sec HSTech ETF HST uptrend continuation.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - 29 Jan 2021

Lion OCBC Sec HSTech ETF HST also show bearishness.  The Dow remains the king.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - 22 Jan 2021

Lion OCBC Sec HSTech ETF HST very bullish.  This is a great HK Technology ETF to join the growth of the 30 largest tech companies in Hong Kong.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.