Intense fear this week! The Hong Kong index drop more than 9% per day. As the fear keep increasing, investors are looking from a sideline whether these growth stocks are still worth it?
$NIO Inc.(NIO)$$XPeng Inc.(XPEV)$Both EV are potential stocks in the future. However thestocks keep dropping further and further. We will have to look for the bullish indicator before we start buying back these stocks.
For now, it is still safer to buy puts on stocks as the $NASDAQ(.IXIC)$will continue to drop further due to inflation, wars and sanctions.
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Comments
Buy the dip