Hang Seng Tech Index has likely formed a "Double Bottom"
Hang Seng Tech Index has likely formed a "Double Bottom" chart pattern, which is perceived as a trend-reversing indicator
The index has been consolidating for months, waiting for catalyst for a rebound
Yesterday, China's state funds shored up stock prices via open market interventions, buoying hopes that the market has bottomed out
The index has been consolidating for months, waiting for catalyst for a rebound
Yesterday, China's state funds shored up stock prices via open market interventions, buoying hopes that the market has bottomed out