The stock is forming a base at the top of the trend, waiting for further confirmation of break out. The bands have widened and pointing upwards. Consolidation before going higher.
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102297178
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During the period of soaring prices, it's so happy to take half a month or a month's salary every day.... I also sold this stock and used it to invest in U.S.-listed Chinese stocks.... There are more opportunities inside.
Deep Sea
OP102297178
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Chinese tech shares have gone up a lot. How long can they last? Nobody knows. When they drop due to profit taking can be fast. Trade with caution.
Qing2ming : Trust stocks seem to be recovering recently
Deep Sea OP Qing2ming : Yup. Wait for next rate cut to power up the reits.
102297178 : Now a lot of capital is flowing to A-shares and Hong Kong stocks to make money... the more interest rate cuts will flow to China
103220260 102297178 : Agree, the more FOMO and tomorrow A shares rush will leads more fund flow outward
102297178 : During the period of soaring prices, it's so happy to take half a month or a month's salary every day.... I also sold this stock and used it to invest in U.S.-listed Chinese stocks.... There are more opportunities inside.
Deep Sea OP 102297178 : Chinese tech shares have gone up a lot. How long can they last? Nobody knows. When they drop due to profit taking can be fast. Trade with caution.
Deep Sea OP : Be fearful when people are greedy.
102297178 : Are you still cautious when you know it's picking up money?
Deep Sea OP 102297178 : HSI is overbought. Look at the RSI 81. US -China geo political tensions will have a cap on the upside.