Mr calvintaneng, I checked all the technical charts of technology stocks, it appears that some funds are selling all technology stocks aggressively.
It is not the fault of the owner of Notion, not warehouse financing or margin call. I believe the funds are selling all technology stocks aggressively to swap to finance or bank shares. Even strong stocks like MPI, Inari, Frontkn, Greatec, Penta, KGB, PIE and etc are not spared.
I do not know when they will stop selling. It is very sad to note that the share prices dropped a lot in August 2024. We cannot help until they stop selling.
I read all the charts everyday, it is my finding. Thank you.
Mr calvintaneng, I checked all the technical charts of technology stocks, it appears that some funds are selling all technology stocks aggressively.
It is not the fault of the owner of Notion, not warehouse financing or margin call. I believe the funds are selling all technology stocks aggressively to swap to finance or bank shares. Even strong stocks like MPI, Inari, Frontkn, Greatec, Penta, KGB, PIE and etc are not spared.
I do not know when they will stop selling. It is very sad to note that the share prices dropped a lot in August 2024. We cannot help until they stop selling.
I read all the charts everyday, it is my finding. Thank you.
YES FUNDS ARE AFRAID OF DONALD TRUMP IMPOSING TARIFF ON ALL 10% AND FOR CHINA TAX WILL BE 60%
SO THEY SELLING ALL TECH INDISCRIMINATELY WHICH IS VERY WRONG
HDD/SSD WILL NOT BE IMPACTED AS THEY ARE NOT EXPORTS TO THE USA
HDD/SSD BY NOTION, JCY AND DUFU ARE SOLD TO SEAGATE & WESTERN DIGITAL FACTORIES IN THAILAND AND THEN RE-EXPORTED AS FINISHED HDD/SSD DRIVES TO ALL OTHER COUNTRIES (USA ONLY 330 MILLION PEOPLE)
HDD/SSD IS WORLD WIDE 8 BILLION PEOPLE
THIS MISCONCEPTION PRESENTS US A GOOD BUYING OPPORTUNITY
This one from Calvin is more enlightening. We cannot lump all Tech stocks as the same. Notion would do well irrespective of the performance of other Tech stocks. AI , EV are the in things currently and into the future too. It now present a great opportunity for those who want to invest in the medium to longer term. Of course I don't rule out the volatility of this stock in the midst of market uncertainties Tq
Nvidia reported earnings that beat expectation. But why its after hours share price is dropping? Reaĺly confusing. They said it is "priced in" which means "sell on news".😥
Q3 outlook doesn't seem impressive. Multiple factors elections looming; 1. Trump wins, tariffs will be in effect 2. Recession on the horizon; hard landing or soft landing 3. September month is the worst month for stocks Buying opportunity is in September. I am waiting on the sides to buy once the selling stops
ChloeTai
Nvidia reported earnings that beat expectation. But why its after hours share price is dropping? Reaĺly confusing. They said it is "priced in" which means "sell on news".😥
As at 7:00 am, Nasdaq futures opens at negative 1.23% while S and P opens at negative 0.7%. Blood bath today for all stocks except the banking sector. The sky high KLCI index now is false, trying to cover up the whole market negative sentiment.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
autoven
285 posts
Posted by autoven > 2024-08-28 16:22 | Report Abuse
not yet...will slowly go down to 0.45