We had a gap down last Friday and it is now hovering slightly below the bullish trend line. Next Monday night, we would see if the price action continues to head southward or recover and fill up the gap.
The Nasdaq (US tech shares) are getting higher by the weeks and it is time for a healthy correction. Conversely, the China Tech stocks are being beaten down with 30-60% discount which can offers a good geographic rotation and profit taking for some traders/investors.
The Nasdaq (US tech shares) are getting higher by the weeks and it is time for a healthy correction. Conversely, the China Tech stocks are being beaten down with 30-60% discount which can offers a good geographic rotation and profit taking for some traders/investors.
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