Will tech stocks see a reversal today?
HSI closed green with tech stocks like $KUAISHOU-W(01024)$and Meituan up more than 5%. The US market has few consecutive red days already. Will we see a reversal?
I think that today will likely be green for most tech stocks. $Palantir Technologies Inc.(PLTR)$and SKLZ are still being bought into ARK. $Tiger Brokers(TIGR)$has good earningand look like something that will be good forthe long term.
But, even if today is Green, it is not a indicator of major reversal yet. We will likely need a few more days and also to break the last resistance.
My strategy is to buy into stocks that have good revenue and avoid stocks that are not. Even if the reversal is not confirm, we can allocate a position into the current dips first. If it go lower, we can add into it. On the opposite, if the we go up more than expected, I can take profit in some larger position and rotate again. Stocks that I am looking at are TIGR, PLTR and RKT who all shown good revenue.
PS: Don’t bindly follow a GreenHorse ?. Please do your own DD
May the market god be with you [得意]
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wake up！ pltr！！！！！！