$Fangdd Network (DUO.US)$ I think 0.80 was last hope for many. Hitting SLOs now and this will make others leave, and it'll go back to be a slow snail. This drop on high volume means many left as they were tired of waiting. There are better opportunities out there than wasting time HOPING imo.
thanant : offering 0.70
Willy 5150 OP : I hope aggressive and significant buying comes from here, but I don't see any significant buying orders yet. China stocks always behave like crap. You can do all the TA you want, spot very bullish patterns, and it'll be a 50/50 bet. China is just making noise so far, but I don't see any real intentions.
Willy 5150 OP thanant : Last time, they did an offering at 0.80, and it fell to 0.90 before bouncing. This time, many had the same idea at 0.80 with the offering at 0.70. Based on volume, I think we need to see a good inflow or strong buying from here. If not, this will be dead imo.