The current selling of Us/Hk listed Chinese tech stocks is obviously sentiment driven and can’t continue forever. Hope everyone knows that... $Alibaba (BABA.US)$
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After Q3 earnings and NIO day, we'll be back in the $50's I bet. Maybe even $60's. NIO Day saw a huge pump last year. $NIO Inc (NIO.US)$
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The more SHORTS there are, we can drive this to insane valuations like $Tesla (TSLA.US)$ Let them short and enjoy those dips. Accumulate as many shares as you can while this traps more bears.
$Apple (AAPL.US)$ Relevant quote:
"Apple is seeing huge demand for iPhones in China, a positive sign as the company heads into the expected launch of a new version of its flagship product sometime in September. In a research note, Morgan Stanley analyst Katy Huberty writes that based on disclosures from China’s Academy for Information and Communications Technology, she estimates Apple’s (ticker: AAPL) iPhone shipments in China in July were up 79% on a year-over-year basis."
"Apple is seeing huge demand for iPhones in China, a positive sign as the company heads into the expected launch of a new version of its flagship product sometime in September. In a research note, Morgan Stanley analyst Katy Huberty writes that based on disclosures from China’s Academy for Information and Communications Technology, she estimates Apple’s (ticker: AAPL) iPhone shipments in China in July were up 79% on a year-over-year basis."
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$Futu Holdings Ltd (FUTU.US)$ have to stay abv 100 to be supportive … anything below is still tech bear…
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i don’t know which tickers will fall but there will be blood.
While others hedging, I deploy my cash on high quality, high growth names as they fall below my average price. Another leg up coming soon as long as yield curve doesn’t invert. $Tesla (TSLA.US)$
While others hedging, I deploy my cash on high quality, high growth names as they fall below my average price. Another leg up coming soon as long as yield curve doesn’t invert. $Tesla (TSLA.US)$
what I don’t get is yesterday it was down premarket and bulls were like ohhh it’s just pre market. This doesn’t mean anything…..But now it’s on your direction so I guess it means something? $Apple (AAPL.US)$
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