SG Talk

It swings 10% up and 10% down within 2-3 days.

But look at this closely.

Ignore The text in the chart.
What do you see.

China Tech has undergone negative speculation. This is the reverse of normal.speculation where traders keep bidding up a stock as the churn out good news push stocks to speculative peaks.

For China stock reverse has happened there is daily of pounding of bad news to crush the stocks down. Causing fear and people to dump their holdings...and lose all confidence.

But see the chart closely....each bottom of a selloff is now higher than previous.  I took this to match back against many markets.

It tells us China Tech stocks are ready to fly....

Don't miss the flight!

Going to fly soon...china will have to declare Live with Virus like Singapore.

Here is an update of where the HS Tech is since the last time it was posted 1.5months ago. During that time HS Tech gain 20% in just 6 weeks and that is under the back drop of sharp falls in Nasdaq

(24-06-2022, 06:17 PM)sgbuffett Wrote: [ -> ]Here is an update of where the HS Tech is since the last time it was posted 1.5months ago. During that time HS Tech gain 20% in just 6 weeks and that is under the back drop of sharp falls in Nasdaq

20% upside is nothing compared to its fall. Unless it can continue more climb from here despite Nasdaq fall.

(24-06-2022, 07:38 PM)Zannn Wrote: [ -> ]20% upside is nothing compared to its fall. Unless it can continue more climb from here despite Nasdaq fall.

20% not good? Then 2x it!

(24-06-2022, 07:44 PM)sgbuffett Wrote: [ -> ]20% not good? Then 2x it!

Not good enf if it’s in relation to your statement “ready to fly”. For Hs tech, it’s fly definition can 50-100% or more but even so can only reach two third of its all time high. A crash happens from 11k till 3.5k. So will 4K to 4.8k consider a fly for HS tech? That’s what I meant

Big gains  today as HS Tech rose 5%

The early is gathering pace as the Chinese govt step up the stimulus