Blink fans why did ocbc fall RSI analysis SG61 Trading Arena for SGX Listed Securities!
$OCBC Bank(O39.SI)$ $DBS Group Holdings Ltd.(DBSDF)$ $UOB(U11.SI)$ My first reaction: I would not automatically treat a 5% fall in OCBC as bad news. When a fundamentally strong bank falls sharply without an obvious company-specific negative announcement, I want to ask three questions: 1. Why did it fall? 2. Where is the technical support? 3. What price gives me a good risk-to-reward entry? For OCBC, the important level right now is around S$30.50โS$30.60, because that is where the 60-day moving average and todayโs intraday low are sitting. The bigger question is whether this is simply profit-taking
๐จ๐ณ๐ธ๐ฌ China & Asia Internet Stocks: Alibaba Isnโt the Whole Story
๐ฅ Alibaba, PDD, Tencent, JD.com & Sea/Shopee โ which one is best positioned for the next AI + e-commerce cycle? Iโve been thinking about the recent debate around Alibaba and Michael Burryโs bearish view. Alibaba is down about 0.7% in the U.S. session in the screenshot, while its Hong Kong shares were slightly higher. But personally, I think focusing only on โIs Alibaba a buy or sell?โ misses the bigger picture. ๐ The more interesting question is: What happens to the entire Asian internet sector as companies spend aggressively on AI, compete for online consumers, and try to turn that investment into higher future revenue? Instead of looking at one stock at a time, I want to compare several companies that are exposed to this broader trend: ๐จ๐ณ Alibaba โ AI + Cloud + E-commerce ๐จ๐ณ PDD Hold