breakout rally

$HSTECH(HSTECH)$  candlestick chart showed a breakout of the previous high. tallying with the pnf chart, it appears to be on its way to 3950.

$LION OCBC HSTECH ETF S$(HST.SI)$ is following close behind though it has not shown a breakout. this is most probably due to etf price factoring the etf fees. 

the rally is spurred by china's consumer prices rise for first time in six months

hst will be bound for 0.65. previously, $FTSE China Bull 3X Shares(YINN)$ made 6 consecutive monthly red candlesticks. this is a rare occurrence. when this happens, the rebound rally will be huge. 

the us market is on the other hand retracing from all time high as nvda led the market down. this is a normal pullback. bull rally can last for at least 4 years. when the fed cuts rates, the rally will be exponential. the cutting it rates will translate to an increase in money supply. generative ai is going to catch on with the majority laggards. when that happens, the chip makers and semi conductor will continue to rally. sector rotation will take place and the general market will rally. 

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@TigerWire for the heads-up on topics

merci beaucoup@TigerStars for vouchers and coins

merci beaucoup@koolgal for ideas

merci beaucoup@Asphen for sharing analysis

# 💰 Stocks to watch today?(18 Nov)

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.

Report

Comment8

  • Top
  • Latest
  • Eatmi
    ·03-27
    TOP
    请问发售价是1.80吗?如果是,目前价位来到0.57?这对于当年的投资者来说,真是不简单喔!
    Reply
    Report
    Fold Replies
    • melson
      发售价应该是高估了
      03-27
      Reply
      Report
  • koolgal
    ·03-12
    TOP
    Thanks for sharing your valuable insights 😍😍😍Hurray!  It's about time for the Chinese stocks to catch up.
    Reply
    Report
    Fold Replies
    • melson
      [Happy] [Love] [Love] [Love]
      03-12
      Reply
      Report
  • NicoleBryce
    ·03-12
    TOP
    How about a "rallying cry for the rally"?
    Reply
    Report
    Fold Replies
    • melson
      hohoho
      03-13
      Reply
      Report
  • Asphen
    ·03-12
    running!!!!!
    Reply
    Report
    Fold Replies
    • melson
      [Happy] [Call] [Call] [Call]
      03-12
      Reply
      Report