Just about a month back, we have experienced the US tech sector SELL DOWN led by rising bond yields and also after the rally since last year. 😢
In Singapore, the tech sector was not spared either and we saw a selling momentum in almost all Tech stocks in Singapore by more than 10% - 20%. 💻🤦
In the previous video, I talked about 𝐇𝐎𝐖 𝐭𝐡𝐞 𝐫𝐞𝐜𝐞𝐧𝐭 𝐬𝐞𝐥𝐥 𝐨𝐟𝐟 𝐜𝐚𝐧 𝐛𝐞 𝐚𝐧 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐭𝐨 𝐠𝐞𝐭 𝐢𝐧 𝐚𝐠𝐚𝐢𝐧. 👍
Joey here, Top Tier Remisier in Phillip Securities.
Over the past 2 weeks, it seems like we have seen some 𝐬𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐜𝐨𝐦𝐢𝐧𝐠 𝐛𝐚𝐜𝐤 𝐢𝐧 𝐭𝐡𝐞 𝐓𝐞𝐜𝐡 𝐬𝐞𝐜𝐭𝐨𝐫..
Some has 𝐫𝐞𝐛𝐨𝐮𝐧𝐝𝐞𝐝 𝐚𝐬 𝐩𝐞𝐫 𝐭𝐚𝐫𝐠𝐞𝐭𝐬 𝐝𝐫𝐚𝐰𝐧,
while others are still lingering at their new found support. 👈👈
Join me in this video as i talked about 3 tech stocks, AEM, Frencken, UMS and what are the key levels for them.
𝐓𝐡𝐞 𝐥𝐨𝐧𝐠𝐞𝐫 𝐭𝐞𝐫𝐦 𝐮𝐩𝐭𝐫𝐞𝐧𝐝 𝐦𝐚𝐲 𝐧𝐨𝐭 𝐛𝐞 𝐨𝐯𝐞𝐫, in fact we saw some good bullish actions from some of these longer term support.
See why i say that here >> https://youtu.be/WkPJ2cNiOEQ
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