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luckily I still have genm with me to cover my tech stock, hahahaha can start to add amount now for long term in tech. I smell the condition quite similar with last year March where dno drop until 3.2 and raise to 6 at the end of the year.
Fan-don’t understand why directors buying so little shares whereby they already holding millions shares on hand. Will monitor price movement before entering.
Fan-if price break resistance 3.95, it will fluctuate between 3.95-4.25, 9% price range. If can’t break 3.95, then the price range will be between 3.25-3.95, 15%. It means Risk and reward ratio almost 50:50.
Green- I will wait usa raise the first rate first, then just monitor how this stock do. But overall this is a good stock, 3.0-3.8 I think is good price to buy
Fan-I see EMA=120 & EMA=200 almost crossing, BB on downward trend, TA indicator not in good shape…let monitor for next few days. 17 Mar will know the interest rate.
Green- but I hope is 0.5, because my opinion is if only 0.25 means the worst still haven’t come, then the market for tech will be still volatile, but if 0.5, although at the moment will affected , but long term I think will be stable
Fan-If PE=35, the price is 3.15. If PE=30 the price is 2.70. Let’s wait till 17 Mar till the rate announcement. Price might drop below 3.00 if interest rate=0.50.
Green- ya, I think pe 20-30 would be safe to start enter by batch. Tech is differ from glove , tech have continuous grow. Now is affected by the sentiment. So can just prepare cash and hoot .
Green- most likely will drop until next week, then have a small rebound, then sideway again before forming another new uptrend. Tech trend might only come back at the end of the year