20-02-2025, 11:21 AM
(20-02-2025, 11:05 AM)forum456 Wrote: HS Tech quickly recovers above 5500 to 5537 !
Stay completely out until selling pressure disappears.
Remember the sequence
1. Sell down due to US tariffs....
2. After Trump do 10% on China and 25% on Canada. Tariffs fears eased as he did not do 60%.
3. Out of nowhere DeepSeek hype explodes. This caused a shift China tech.
4. ***** Chinese Tech companies start announcing results....
(4) May cause problems for bull just look at what happened to Baidu stock earnings was bad but better than expected ...stock sold down sharply.
Tonight Alibaba earnings. Stock already move up 60%. If earnings does not satisfy investors will be bad.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.