In this video, we explore the Hang Seng Tech Index ( $HSTECH(HSTECH)$ ), which represents Hong Kong’s tech market 🚀.
Here’s what we cover:
✅ Last year, the index surged 60%, and the recent drop might just be a healthy pullback.
✅ We look at price patterns: it’s still moving up overall, with key obstacles around 4,800 and 5,000 points. There’s strong support holding at 4,670 points. ✅ If the index pushes past these obstacles, it could climb even higher.
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✅ High Leverage: Amplifies returns, allowing you to gain more from small price movements.
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✅ Cost-Effective: Lower capital needed compared to buying the underlying asset directly.
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⚠️ Amplified Losses: High leverage means losses are also magnified.
⚠️ Daily Reset: Gains/losses reset daily, so holding DLCs long-term can erode returns.
⚠️ Market Volatility: Price swings can lead to unexpected losses.
⚠️ Complexity: Not suitable for beginners; requires understanding of how DLCs work.
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