SG Talk

It was a Major Top...



That's why i Bought in HSI related..this week yesterday.. for CNY

Sibei satki and power pack la!

(23-01-2024, 10:14 PM)Sharexchange Wrote: [ -> ]It was a Major Top...



That's why i Bought in HSI related..this week yesterday.. for CNY

got further to drop. better dca.

(23-01-2024, 11:31 PM)victortan Wrote: [ -> ]got further to drop. better dca.

Why not short-sell since you believe got further to drop?

(23-01-2024, 11:40 PM)KovanTrader Wrote: [ -> ]Why not short-sell since you believe got further to drop?

i dont know how to short,,poor,, but i good in long, i will wait for 14XXX, then 12K..

i dont so call trade jump in n out like monkey.

no one can predcit, just base on FA, and sentiment,, it is vy bad, yes,, short got greater chances, u may try.

i look to buy byd, tencent, jdcom, baba.. PDD

(23-01-2024, 11:57 PM)victortan Wrote: [ -> ]i dont know how to short,,poor,, but i good in long, i will wait for 14XXX, then 12K..

i dont so call trade jump in n out like monkey.

no one can predcit, just base on FA, and sentiment,, it is vy bad, yes,, short got greater chances, u may try.

i look to buy byd, tencent, jdcom, baba.. PDD

No right style of doing things...important is huat...
Nice selections...

Experts already say China economy and stocks won't do well this year.

Soit is not wise to go and buy.

This is termed as " technical rebound" only temporary because market "oversold".

The primary trend is down. Medium trend is down.

Rise has to do with talk of govt intervention.rather that. 360 day theory.
Maybe the govt decide to rescue market after exactly 360 days.

But whatever is done the stocks will just sink back because of poor economy. This market is trillions so 200B injection they will just run out of bullets.

Smart traders will use this chance to short at higher level before market resume down.



https://www.bloomberg.com/news/articles/...78-billion