$ISHARESHSTECH(03067)$ $Lion-OCBC Sec HSTECH S$(HST.SI)$
The iShares Hang Seng TECH ETF signals a critical breakdown, having lost the vital 200-day EMA support ($11.67) for the third time—effectively a "three strikes" bearish confirmation. Trading decisively below this long-term trend setter and trapped within a descending channel, momentum is firmly negative. With the 20/50 EMAs now acting as overhead resistance, the inability to reclaim $11.67 implies the major trend has reversed, risking a continued slide toward the channel floor near $10.00-$10.50.
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