Baba (9988.HK) and HSTech ETF (3032.HK) are both testing their historical lows, as well as the orange downtrend line and the light blue down-channel bottom respectively. A hair away from a breakdown.
If 3032 breaks down, at least a -4.5% plunge to the dark blue line of about $5.2 is likely to happen. A similar plunge will drag 9988 to $105.7.
360miq.com/stockinfo?code=3032.HK
360miq.com/stockinfo?code=9988.HK
