CalvinCougar
2022-03-18

Tonight buy or sell?

$Futu Holdings Limited(FUTU)$

$JD.com(JD)$

$Pinduoduo Inc.(PDD)$

Friday night, should buy and keep till next week or sell and repurchase it on next week? 

After rebound on Wednesday, yesterday it's drop back 5% , many wondering should continue to hold or should sell and take profits. 

Yesterday indeed many shorties works vigorously to keep it low, but good news giving lot of confidence for retailers thus created more purchase then sold but price still remaining low.. is it that's due to high selling price that haven't seal a deal yet thus a lots of unsold outstanding balances and created resistance.


Anyway tonight I'd Friday where many wouldn't park their money through the weekend. For me gonna sell some and keep some in case the price drop further so I can buy back and lowered the damages but if the price soar in next Monday I still got some share on hand to gain some profits.. 



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Comments

  • poppii
    2022-03-18
    poppii
    The short side of the market seems to be making a comeback and I'm still not buying for the time being as there is some risk.
  • cozyzi
    2022-03-18
    cozyzi
    I would not buy for the time being, I prefer the two companies Alibaba and Tencent.
  • Nanamoney
    2022-03-20
    Nanamoney
    indeed nobody can time the market. just within means and comfort level
    • CalvinCougar: 
      true.. if possible don't buy with margin if you can't afford it. that's why it's called investment not gambling. never buy with margin if one can't afford it. too risky
  • MichelleTan
    2022-03-18
    MichelleTan
    Good to sell if profit liao & buy back
    once the price drop again ba....
  • fluffik
    2022-03-18
    fluffik
    I think it is an appropriate time to buy as it is still at a low valuation stage.
  • boonluan
    2022-03-19
    boonluan
    last night was a good run
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