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$Futu Holdings Ltd (FUTU.US)$ dead cat rebounce
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$Futu Holdings Ltd (FUTU.US)$ should sell now 110 or hold?
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Market Turns Short-Term Bullish
The market has improved to a short-term bullish state, with Market Momentum moving into positive territory and short-term trend strength rising to the 50% level. The medium-term trend is also starting to catch up.
However, the breakout indicator is still lagging, with breakdowns currently outnumbering breakouts.
Additionally, we are seeing increased inflows into poultry-related stocks.
Hot stocks: $SENFONG (5308.MY)$ $SDS (0212.MY)$ $TEOSENG (7252.MY)$ $LHI (6633.MY)$ $PBA (5041.MY)$ $WMG (6378.MY)$
The market has improved to a short-term bullish state, with Market Momentum moving into positive territory and short-term trend strength rising to the 50% level. The medium-term trend is also starting to catch up.
However, the breakout indicator is still lagging, with breakdowns currently outnumbering breakouts.
Additionally, we are seeing increased inflows into poultry-related stocks.
Hot stocks: $SENFONG (5308.MY)$ $SDS (0212.MY)$ $TEOSENG (7252.MY)$ $LHI (6633.MY)$ $PBA (5041.MY)$ $WMG (6378.MY)$