– Current Trend
The Hang Seng Tech Index( $Hang Seng TECH Index (800700.HK)$) is showing a sideways consolidation after a strong upward move in September-October.
– Resistance
The recent high near 4,800 (highlighted in orange) is acting as strong resistance.
– Support
Immediate support lies near the 4,434 zone (50% Fibonacci retracement). Next major support level is around 4,189 (62% Fibonacci retracement, green lin...