Today, the Hong Kong stock market saw a decent rebound, with the Hang Seng Tech Index rising by 3%, showing a strong momentum. In fact, signals have been there for a while—by Wednesday midday, the clues were already visible, and it was possible to predict that the rally on Friday was highly likely. If there was no rise today, there's no need to worry, because the true rebound window is already knocking on the door.

From a technical analysis perspective, the Hang Seng Tech Index has been oscillating around the annual line on the daily chart for a long time, which is a typical pattern of bottom accumulation and shakeout. Looking at the monthly chart, the index is precisely stuck at the EXPMA white line, a key support level, making the technical support quite solid. A rebound or rally could break out at any moment.

To be honest, after a deep correction, any sector inevitably goes through a period of sideways movement. This sideways phase, in simple terms, is a good opportunity for funds to lurk. As the chips gradually settle, the sector becomes more likely to experience a sudden acceleration. The whole process essentially tests two things for investors—first, whether they can identify the bottom early and position in advance; second, whether they have the patience to wait for the market to start moving.