Huat99
2022-09-17

$AMTD Digital Inc.(HKD)$$GameStop(GME)$AMTD vs GME, they have similar moves

GME Initial Meme stage that breaks All Time High after High

1. crazy UP move in two weeks (Jan 2021)

2. collapse > 90% thereafter (Feb 2021)

3. another UP thrust that follows (late Feb 2021) and gradually ended in Mar 2021 (though it remained volatile throughout the rest of the year)

Back to AMTD (and YES! only if you think the moves very similar)

1. GOD move in two weeks (Jul 2022 initial IPO trading)

2. collapse > 90% thereafter (Aug-Sep 2022)

3. another UP thrust that follows (currently in progress)

The ONLY significant difference between them - Volume

AMTD is thinly traded as opposed to GME

Resist - $800 ~ $1000 (multi-bagger!)

Support - $46 (or perhaps, stop-loss)

If you find this analysis useful, please like and comment[Heart] [Allin] 

Why would AMTD(HKD) soar again?
AMTD Digital, a Chinese tech firm once topped a $400 billion valuation last month (+30000% in just 2 weeks)... It seems the craze is back again with $HKD shares up over 300% on Wedsday. Why would this happen again? Any thoughts?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • boardy
    2022-09-18
    boardy

    Great article I would like to share 

  • Huat99
    2022-09-17
    Huat99
    @TigerStars @Venus_M @BTS once awhile add you [Miser]
    • Huat99Reply___ _
      yes, seems getting active recently [Like]
    • ___ _
      ah i didn't notice BTS until now.   he seems to be good with TA too  [Happy]
    • ___ _
      good post 👍  keep it up 👏
  • 88wlam88
    2022-09-17
    88wlam88
    Games of Thrones…
  • LalaLand
    2022-09-18
    LalaLand
    But it's not a Meme stock right?
  • marico
    2022-09-19
    marico
    always remember that it is a cleaner in northern beaches area
  • LINLIN
    2022-09-20
    LINLIN
    Good
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