Hong Kong another index ready to rally to new ATHHang Seng is another index set for upside.
Seems like between Asia, America and JSE upside is inevitable along with Europe (Which seem to be the turtles of moving.) But why the upside?
We don't know for sure, but we can speculate.
China stimulus: Beijing is rolling out fresh stimulus to support its economy.
Tech rebound: Major Chinese tech stocks like Alibaba and Tencent are bouncing back.
Property relief: Easing in real estate policies is reviving investor confidence.
Cheap valuations: Hang Seng stocks remain deeply undervalued compared to peers.
Global inflows: Foreign investors are rotating into emerging and Asia-Pacific markets.
And the technicals are self evident with a breakout pattern and momentum strategy approach.
Cup and Handle
Price>20 and 200
Target 2,6944
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