Wah, she has a nice running up and close well at 0.70, I think is good to secure the profit!
Immediate resistance at 0.71.
Next resistance is at 0.78.
please dyodd.
The Lion-OCBC Securities Hang Seng TECH ETF, released late last year, tracks the Hang Seng TECH Index - which is made up of the top 30 technology companies listed in Hong Kong by market capitalisation that have high business exposure to technology themes.
Most of the famous TECH companies like Alibaba, Tencent, Meitun, jD.com, Xiaomi, Sunny Optical Technology etc.
Chart wise, bearish mode!
Today it has a Gap up moment and close with a doji candlestick pattern up 3 cents to close well at 0.639.
If next few days it has managed to continue to trend higher and reclaimed 0.66 and 0.715 that would likely reverse this downtrend
Let's monitor and wait for Mr.Market confirmation!
Please take note thatcthis TECH ETF does not pay any dividend.
We are mainly trying to take advantage of this Gap up scenario and ride on to make some extra pocket money!
Not a call to buy or sell!
Please fi your own due diligence!
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