Gerwyn
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Using this space to share my method to the madness ✨ Comment below!
📈 Stocks picked: $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$
🧠 Reasoning: China’s stimulus was an adrenaline shot in the arm 💉 After months of depressed prices, there was bound to be a market reaction / hedgefund shorters closing positions 👋🏻
However, I theorized the run wouldn’t last, given limited global confidence + general bearish environment in China 🇨🇳 Hence, opted to pla...
📈 Stocks picked: $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$
🧠 Reasoning: China’s stimulus was an adrenaline shot in the arm 💉 After months of depressed prices, there was bound to be a market reaction / hedgefund shorters closing positions 👋🏻
However, I theorized the run wouldn’t last, given limited global confidence + general bearish environment in China 🇨🇳 Hence, opted to pla...
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Gerwyn
commented on and voted
🚇❌ extra 30 mins travel means got time to post!
📈 Stocks traded: $Micron Technology (MU.US)$ + China stocks $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$
🔄 Frequency: >15 trx, in and out
Reasoning 🤔:
(1) Gamble on Micron 💻 paid off; decided to take profit 💰 given market exurberance after rate-cut
(2) Lots of volality around chinese stocks - but there’s a FOMO cost for me, what if it moons? 🌝 so I set conservative price targets and skimmed top & bottom ↕️
Result 🔖:
Day 3 e...
📈 Stocks traded: $Micron Technology (MU.US)$ + China stocks $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$
🔄 Frequency: >15 trx, in and out
Reasoning 🤔:
(1) Gamble on Micron 💻 paid off; decided to take profit 💰 given market exurberance after rate-cut
(2) Lots of volality around chinese stocks - but there’s a FOMO cost for me, what if it moons? 🌝 so I set conservative price targets and skimmed top & bottom ↕️
Result 🔖:
Day 3 e...
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