TSLA
Tesla
-- 355.840 NVDA
NVIDIA
-- 138.850 INTC
Intel
-- 23.600 NBIS
NEBIUS
-- 44.490 PLTR
Palantir
-- 119.160 
Should we get on board Chinese concept stocks now? PDD is bullish up to 120, FUTU is bullish up to 80.
Previously, Chinese concept stocks had been in a long period of low stock prices due to a series of factors including industry policies, fundamental performance, and high valuations. However, with the start of the Federal Reserve's interest rate cut cycle, Chinese concept stocks are direct beneficiaries.
In addition, the mainland central bank has also issued multiple bullish policies: reserve ratio cuts, interest rate cuts, reduction in existing home mortgage rates, and new policy introductions. These policies will directly drive Chinese concept stocks into a bull market.
The current bullish trend of Chinese concept stocks is far from over. Today's pullback of Chinese concept stocks is just picking up passengers, seize the opportunity to get on board.
The data of the 'King of Chinese concept stocks' PDD shows that when the stock price is above 113, it is a bullish environment, with signals of a call at 115 and a call at 120. I believe that there is a high possibility of further rising to the 115 and 120 signals in the future.
The direct beneficiary of the rise in Chinese concept stocks, FUTU, shows that the stock price is above 68, indicating a bullish environment, with signals of a call at 75 and a call at 80. I believe that there is a high possibility of further rising to the 75 and 80 signals in the future.
Finally, I hope all of us who are stuck in losses will have a successful day of bottoming out and rebounding!!! ![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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