Don't keep averaging. If a stock keeps falling, your losses will become bigger and bigger. Only average at strong support levels. 0.60-0.61 is a strong support level. Have a stop loss strategy in place. Once price drops 10% from your buy price, cut loss. Don't keep holding if the price keeps dropping.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
bullrider_21
OPDividendKopi
:
You must be able to read a chart. A support is the level where the price rebounds. If the level is tested many times and the price rebounds each time, it's a strong support. If the level is tested a few times and the price breaks down, it's a weak support.
soyabean89
:
this shitty etf was heavily culled by gov policy.. now because of high interest rate environment n trade tension on vital tech components...haiz ..
bullrider_21
OPsoyabean89
:
China now has low inflation and even deflation. So they can cut rates to stimulate their economy. For trade tensions, they can only respond tit-for-tat and try to be independent.
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
Moo Live
Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call
Reassessing Chinese Assets
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
Cui Nyonya Kueh : Many thanks for your advice![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Cui Nyonya Kueh : wonder today will close at what price![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
bullrider_21 OP Cui Nyonya Kueh : yw![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
bullrider_21 OP Cui Nyonya Kueh : I think today will be flat.
Cui Nyonya Kueh bullrider_21 OP : I hope tmr will rebound![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
bullrider_21 OP Cui Nyonya Kueh : I think so.
DividendKopi : How do u identify support ?
bullrider_21 OP DividendKopi : You must be able to read a chart. A support is the level where the price rebounds. If the level is tested many times and the price rebounds each time, it's a strong support. If the level is tested a few times and the price breaks down, it's a weak support.
soyabean89 : this shitty etf was heavily culled by gov policy..
now because of high interest rate environment n trade tension on vital tech components...haiz ..
complicated
bullrider_21 OP soyabean89 : China now has low inflation and even deflation. So they can cut rates to stimulate their economy. For trade tensions, they can only respond tit-for-tat and try to be independent.
View more comments...