Be careful
Be careful of premarket move. might be a trap. My guess is that there will be some selling in US market to jump into China stock. China had a big pop overnight because of government promises to inject stimulus into stock market.
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Maniac Fool : The China promise is air hot. Please do not believe the fake rally there.
MonkeyGee OP : Meta might flush from here if it goes below 453.01 which is the gap up price from earnings.
MonkeyGee OP Maniac Fool : honestly, right now, any hope is good hope for China stock. China market has dropped for over 3 years. if it's a fake out thing, China will have more issues than their stock market.
Maniac Fool MonkeyGee OP : U mean you don’t know about the China situation now? Its hidden 國債 is many times USA’s
MonkeyGee OP :
MonkeyGee OP : watch it the next 15 mins we will know what happens. close below $453 will follow by a mega drop.
George888 MonkeyGee OP : The truth is that China's problem is much bigger than the stock market.
MonkeyGee OP George888 : I agree but there is a simple fix
MonkeyGee OP : I know you are FOMO ing right now but hang on. it's forming a low base breakdown. wait for recovery above 456.43/ breakdown below 453.79. odds right this moment is breakdown.
bullrider_21 George888 : No matter how big, it's still not bigger than US debt of USD 34 trillion.
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