Lion-OCBC Securities Hang Seng TECH ETF

[dappermen]

ok will pray hard it really sustain.........

 

[British_Bulldog]

Hope for China tech etf revival

gov coming in to assist n those stocks r actually quite profitable.

China investors r all quite sensitive to their gov policies.

as soon as they regain confidence, this etf will rise rapidly.

 

[audiovideo]

Just a bit more, c'mon xipingping

 

[Kojo0403]

KWEB having strong rally too

 

[churnmaster]

HST on the verge of a breakout, if it manages to close above 0.82 over the next few sessions . .

 

[yumsang]

hope it can reach 1.10 soon to set me free

 

[Andrew833]

hope it can reach 1.10 soon to set me free

Jiaoyou! I also got 4 China stocks stuck, waiting to set me free

 

[audiovideo]

https://www-benzinga-com.cdn.amppro...06/27597476/whats-going-on-with-alibaba-stock

 

[Kojo0403]

yea 6million traded today. not sure if investors are adding position to ride the rally or selling on rally

 

[British_Bulldog]

Hopefully today is as good as yesterday

 

[churnmaster]

So close yet so far ..... Traded above 0.82 two days in a row but closed lower. I've sold most of my holdings over the last few sessions. Will buy back on a dip or a clear breakout.

Someone who is stuck with a large holding can look at selling 10-20% at the current level with the intention to buy back the same at 6-10% lower (say mid 70s). One of the most liquid and volatile ETFs to be listed on SGX.

 

[Kojo0403]

still trading higher. probably can hit $1 level soon

 

[churnmaster]

still trading higher. probably can hit $1 level soon

Yes, possible however before that a retest of 0.82 over the next few sessions

 

[mycashewhouse]

I'm stuck at 1.30s for avg price. Thinking to cut loss when reach 1. What you guys think?

 

[churnmaster]

I'm stuck at 1.30s for avg price. Thinking to cut loss when reach 1. What you guys think?

We had a breakout above 0.82 and a continuation rally upto 0.87s. So the 5c range is defined. If you are able to capture 3.5-4c within this range it’s about 5% while brokerage should be less than 0.5% (both buy and sell together).

Since you are long around 1.3s, it should be sell on rally closer to 0.87 and buy back on dip closer to 0.83. Again not with 100% of your holdings but only 10-20%. Every successful trade will help to bring down your avg towards 1 and once you get into the groove you’d realize it was so easy to do this in a disciplined manner and you may try to check for similar opportunities on your other holdings as well. All the Best.

 

[TehSi99]

We had a breakout above 0.82 and a continuation rally upto 0.87s. So the 5c range is defined. If you are able to capture 3.5-4c within this range it’s about 5% while brokerage should be less than 0.5% (both buy and sell together).

Since you are long around 1.3s, it should be sell on rally closer to 0.87 and buy back on dip closer to 0.83. Again not with 100% of your holdings but only 10-20%. Every successful trade will help to bring down your avg towards 1 and once you get into the groove you’d realize it was so easy to do this in a disciplined manner and you may try to check for similar opportunities on your other holdings as well. All the Best.

But the transaction fees will be added to be quite alot.

 

[dappermen]

I'm stuck at 1.30s for avg price. Thinking to cut loss when reach 1. What you guys think?

is this how u see the Potential of a supergiant? although HST is indeed a real disapptmt , usually by OCBC i wont dare to expect much

u need cash now?

i trust u have been following China's news since day1

 

[mycashewhouse]

is this how u see the Potential of a supergiant? although HST is indeed a real disapptmt , usually by OCBC i wont dare to expect much

u need cash now?

i trust u have been following China's news since day1

My faith is wavering.

 

[dappermen]

everyone's faith is wavering ........ esp USA related

https://forums.hardwarezone.com.sg/threads/digicore-reit.6772496/

did u buy it for Short term or speculation?
fundamentals of it changed?



lately, i see a beacon of hope finally in China after its terrifying crackdown!

i see that the china stks are slowly climbing up although usa stks??? Erm i m speechless

https://forums.hardwarezone.com.sg/threads/china-hk-stocks-etfs.6751716/#post-141708393

 

[churnmaster]

But the transaction fees will be added to be quite alot.

That's the tradeoff one has to make ... either keep hoping that the price goes back to their desired level or act in a disciplined manner to crawl out of the hole.

This plan definitely works for someone with more than 20K shares of HST.