Taking the trend of the Hang Seng Index .$HSI(HSI)$ HK during this period of time as an example, it is actually a period of small-scale consolidation. The reason is that the increase in the previous period was relatively continuous and not weak, and the fluctuations among individual stocks are uneven. Therefore, it will continue to develop in a balanced economy. A slight adjustment is made for the purpose, but the impact will not be too deep.

Before breaking the upper track, it was considered that breaking through the lower line would hit below 21,000, but in the late trading, for example, Tencent Holdings. The breakthrough is at 380, and the financial sentiment is still in a strong position. In terms of two-way floating, the South is twice as bullish on Hengke.HK. Since 7.25, it has stepped out of the positive line and peaked the trend line in two days, and slowly followed the sector to start trading, but in the opposite direction, look at the short indicators such as the South twice. The floating rise is not very large, and the upward track is kept open for the time being, and you can try to change the direction of entry to intervene in the future.

The obvious emotional pressure on technology stocks is manifested in Meituan$Meituan(03690)$ -W.HK. Although the downward trend has slowed down after missing the main  Shenglang, there is still a long way to go for the support position. In terms of the company's own qualifications, the stock price is feasible to intervene, but it needs to be divided A few steps to wet storage.

What really affects interests and even position taking is short-term changes, that is, Ku$KUAISHOU-W(01024)$ aishou$TENCENT(00700)$ -W.HK's take-back and decline has not stabilized (now short positions can wait and see to see the cycle again) and Yankuang$YANKUANG ENERGY(01171)$ Energy.HK's short-term upside is blocked. Although it has not reached the position of the cost of opening a position, the pressure of taking back is relatively high. Maybe a wrong decision-making, the harvest of the previous period will suffer losses during this consolidation period. During this period of time, the test of the holiday node is huge, and it is easier to control the trend change than the doji line.

@Daily_Discussion @TigerStars @MillionaireTiger 

# 💰Stocks to watch today?(12 Jan)

Modify on 2023-01-19 17:23

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

Comment27

  • Top
  • Latest
  • raymondfiona
    ·2023-09-04

    looks like a new pump and dump stock...i was given a tip to go at this high rise...any news?


    Reply
    Report
  • DonnaMay
    ·2023-01-22
    Hopefully he can pull back and I want to buy it at a lower price
    Reply
    Report
  • Maria_yy
    ·2023-01-22
    Actually, I feel like everyone's in a pretty positive mood these days
    Reply
    Report
  • ElvisMarner
    ·2023-01-22
    我仍然看好他未来的表现
    Reply
    Report
  • HilaryWilde
    ·2023-01-22
    I see you are a professional technical analyst
    Reply
    Report
  • PandoraHaggai
    ·2023-01-22
    21000 is really a key position for the index
    Reply
    Report
  • JunioR
    ·2023-01-20
    Your england very powderful
    Reply
    Report
  • Mrzorro
    ·2023-01-24
    HAPPYCNY
    Reply
    Report
  • PaladinSir
    ·2023-01-20
    K
    Reply
    Report
  • Nggimseng
    ·2023-01-20
    Nice
    Reply
    Report
  • Eeyearn
    ·2023-01-19
    nice
    Reply
    Report
  • ngph
    ·2023-01-19
    👍
    Reply
    Report
  • wobi
    ·2023-01-19
    ok
    Reply
    Report
  • Cryotan
    ·2023-01-19
    Nice
    Reply
    Report
  • RickSanchez
    ·2023-01-19
    bullish!
    Reply
    Report
  • takeshi3879
    ·2023-01-19
    👍
    Reply
    Report
  • DancingOwl
    ·2023-01-19
    好的
    Reply
    Report
  • Melawati
    ·2023-01-19
    👍
    Reply
    Report
  • BYLI
    ·2023-01-19
    👍👍👍
    Reply
    Report
  • tentententen
    ·2023-01-19
    ok
    Reply
    Report