---
title: "Can Hengke hold the 120 line?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/267085115.md"
description: "In the trend of the Hang Seng TECH Index after 24 years, every time it reaches the 120-day moving average, there has been a significant rise. The recent touch indicates that the short-term downward momentum has been fully released. (Guotai Junan Securities)"
datetime: "2025-11-23T23:50:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/267085115.md)
  - [en](https://longbridge.com/en/news/267085115.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/267085115.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/267085115.md) | [繁體中文](https://longbridge.com/zh-HK/news/267085115.md)


# Can Hengke hold the 120 line?

After 24 years, in the trend of the Hang Seng TECH Index, every time it reaches the 120-day moving average, there has been a significant rise. The recent touch indicates that the short-term downward momentum has been fully released. (Guotai Junan Securities)

### Related Stocks

- [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md)

## Related News & Research

- [GF Securities Unveils Audited 2025 Results and Confirms Cash Dividend Payout](https://longbridge.com/en/news/281031946.md)
- [ExodusPoint, Michael Gelband's hedge fund, was down 4.5% in March, and down 2% for quarter, according to source familiar with the matter](https://longbridge.com/en/news/281416644.md)
- [Legend Holdings Lifts 2025 Profit Amid Volatile Global Backdrop](https://longbridge.com/en/news/281124109.md)
- [Laurent Proutière: «We Are a Hybrid, Power Boutique»](https://longbridge.com/en/news/280957434.md)
- [One Media IP (LON:OMI) Trading Up 9.1%  - What's Next?](https://longbridge.com/en/news/280980090.md)