What happened today?
(1) Didi's removal led to a massive selloff in tech stocks.
(2) The severity and speed of the blow to the education industry chill the market.
(3) Countersanctions against seven people, including former U.S. Secretary of Commerce.
(4) Tencent Music was punished for suspected monopoly.
It's too early to bottom-hunt in edTECH, and even in other tech sectors. As a result, it may make sense to explore long-term opportunities in smaller, promising tech companies, as well as in sectors such as consumer discretionary and finance.
(2) The severity and speed of the blow to the education industry chill the market.
(3) Countersanctions against seven people, including former U.S. Secretary of Commerce.
(4) Tencent Music was punished for suspected monopoly.
It's too early to bottom-hunt in edTECH, and even in other tech sectors. As a result, it may make sense to explore long-term opportunities in smaller, promising tech companies, as well as in sectors such as consumer discretionary and finance.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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blur_guy : every tech stock is sell out.....fast and furious. very scary. on paper gain ..within one day can wipe off all profit. lucky I had an angel who reminded me to sell else Will suffer too
blur_guy : hope for better opportunity somewhere. thank you for selfless sharing
102775019 : Super bearish market.
坚决不再做韭菜 102775019: not sure is it a chance to buy cheap share
Ally-LinOP 102775019: HSI pretty determined to hit Oversold levels today. While it was close to it but supported by a Support zone, running straight to RSI at 30. Past the first hour of trading tomorrow, we should have a nice bounce here
musicguru : Should I add more to DCA down? Or too risky to add more?
HODL RDDT : every 15% down, add. hold long term
102840379 : The ones that are falling now used to be good companies
mloong :
mloong :
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