Is the biggest bull fading?
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China Tech - time to "worry"?
HSTECH has beaten pretty much every index since the Chinese tech bull started in October. We have traded perfectly inside the trend channel ever since. We are still inside the channel, but today's big down-candle is worrisome. The 21-day moving average is slightly lower. Pay close attention to this, especially now when everybody is super bullish the Chinese reopening narrative.