For personal record keeping.
Although the financial results were not bad, there was a decline. However, it did not have any impact on the long-term memory semiconductor story, and it has dropped by less than 20% from the high price, gradually alleviating the sense of overvaluation. For those considering long-term holding, it can also be seen as an opportunity to buy on dips.
However, it is also possible that it may be further sold in the short term due to rebalancing at the end of the month.
Furthermore, from a medium-term perspective, considering the uncertainty of the presidential election and past anomalies, there may be selling pressure until around October, even if July is the ceiling.
Personally, due to selling all my semiconductor positions at the previous high level, I currently do not have any semiconductor positions and have a significant amount of cash. Therefore, I made some purchases after the drop in stock prices following the financial results. If there is further decline, I would like to gradually buy and prepare for the year-end of this year.
Unsupported feature.
Please use the mobile app.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment