$Futu Holdings Ltd (FUTU.US)$Yesterday, the heavy volume did...
$Futu Holdings Ltd (FUTU.US)$Yesterday, the heavy volume did not stabilize at the 110.9 level, and the bullish attack was blocked. Moreover, there is significant gap pressure above. Today, the gap down creates a hanging man pattern, diminishing the enthusiasm for long positions from yesterday. Continuing to look for support downwards, if today's closing price can stay above 92.9, it indicates that the bulls still have some principles. If next Monday can maintain the bottom position of 88.6 with reduced volume, then a short-term trade can be made in this range to earn some pocket money.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
欢跃的斯帕克 : Chinese concept stocks have no hope left, the meeting on Friday only mentioned debt restructuring, in the short term it will only continue to decline.
原人9527 OP 欢跃的斯帕克 : If there is really no hope, the volume on Friday will be huge, and block orders will first run for their lives regardless of price.
I Am 102927471 :
Coover : Once the debt-for-equity swap space is opened up, local governments can raise more debt to stimulate economic growth and increase GDP. And this is just one policy stimulus. Given the working style of the Chinese government, they rarely play their biggest cards right away. I guess there might be more small policies in response to every 0.25 rate cut by the Fed to ensure a bull market for A-shares... But the question is, will Hong Kong stocks follow the A-shares? What does Futu follow? With Futu's financial report coming up, do you think it will be optimistic or pessimistic?