NVDA
NVIDIA
-- 135.960 TSLA
Tesla
-- 475.925 QUBT
Quantum Computing
-- 24.050 RGTI
Rigetti Computing
-- 11.3800 MU
Micron Technology
-- 110.030 
China stocks going downhill?
$PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$ $Bilibili (BILI.US)$ $Futu Holdings Ltd (FUTU.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ The upward momentum from China's shifting of zero covid seems to have stalled. Clearly the main reasons being investors are worried as the abruptly shift letting covid spread rampantly has caused the economy to slow because people are massively going on sick leave, people aren't dare to go out on the street to spend money.
But before that aren't countries around the world also experience the same last year? Few days ago Italy found Chinese passenger on a flight to Italy more than half are infected with covid.
This clearly means the spread are getting very intensive at the moments. If we look at last year figures from Singapore and many other countries when adopting living with covid It will take about an average of 1-1.5 before the peak has reached and starts to move down.
China is definitely not in a recession. It economical slow is mainly from policies and recent covid measures. What do you think will happen once China covid reaches its peak and life began to return back to normal in these 1 to 2 months? Let us know.
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strangecloud : None of the above. Back to swing trading.
strangecloud 把悲伤留给自己 : Yap, you are right…but because I am quite used to Nio’s momentum. So I choose to swing this. However, there are others which are also not bad. I just need to find one which I am comfortable with the momentum. Not sure if you understand my meaning of momentum. So stock fluctuates too fast, I can’t cope. So too slow…I have no patient…haha.
Joejj OP Jen Mok : yes, I think it will take about 1 month before China society gain a general immunity from Covid just like the rest of the world had been through.
strangecloud 把悲伤留给自己 : Yes, I agree too. I am still learning.
MonkeyGee : I see building energy for the next leg up. I also notice that bad news has little negative impact on stock. ready to rocket
Wsc111 strangecloud : This approach is the most flexible![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")