Hang Seng TECH Index

Hang Seng Tech Index has likely formed a "Double Bottom"

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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

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