$HAIDILAO (06862.HK)$ If Omicron leads to another lockdown o...
$HAIDILAO(06862.HK$ If Omicron leads to another lockdown or din-in restrictions, price will fall further? should exit now and buy back later?
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slim十oddz : What you really need to ask is how much the market has already discounted that scenario and secondly, whether the latest results released so far are supportive of an entry point.
To the first question, the oscillators have been diverging on the last couple of down legs. This implies that each subsequent leg down is weakening and portend a possible change in trend.
Secondly, most recent financials seem to show that the bleeding is at best halted or at worst slowing. That does not mean it's getting better, just not getting worse.
Long story short, I nibbled some yesterday just to get some skin in the game and join the rest of you folks to watch the game.
moneyworkhard : How low wd do you expect it to fall?
It's kinda