Over the past 2 weeks, we have seen funds shifting away from the Tech sector and ๐ฉ๐ข๐ฅ๐ข๐ง๐ ๐๐๐๐ค ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐ซ๐๐๐จ๐ฏ๐๐ซ๐ฒ ๐ฉ๐ฅ๐๐ฒ๐ฌ like SIA and SATS.. ๐ซ๐ซ ๐
Both of these companies were hit badly due to the pandemic last year and sold off by more than 40% till we found a bottom somewhere in October last year.๐ท
THEN the reversal happened fast when there were talks about a ๐๐๐๐๐๐๐ in early Nov last year.. ๐๐
But profit taking came back and both retraced lower.
๐๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ซ๐๐๐๐ง๐ญ ๐ซ๐ฎ๐ง ๐ฎ๐ฉ ๐๐ ๐๐ข๐ง ๐ฃ๐ฎ๐ฌ๐ญ ๐ ๐ญ๐๐ฆ๐ฉ๐จ๐ซ๐๐ซ๐ฒ ๐ซ๐๐๐จ๐ฎ๐ง๐ ๐จ๐ซ ๐ข๐ฌ ๐ข๐ญ ๐ญ๐ก๐ ๐ฌ๐ญ๐๐ซ๐ญ ๐จ๐ ๐ ๐ฅ๐จ๐ง๐ ๐๐ซ ๐ญ๐๐ซ๐ฆ ๐ซ๐๐๐จ๐ฏ๐๐ซ๐ฒ? ๐ณ
Joey here, Top Tier Remisier in Phillip Securities.
Well, join me in this video as I talked about how there were already some signs of the reversal playing out.
In the short term, we may actually see some selling BUT,
๐๐๐ ๐๐๐๐๐ ๐ข๐ฌ, ๐ญ๐ก๐ ๐ฅ๐จ๐ง๐ ๐๐ซ ๐ญ๐๐ซ๐ฆ ๐ซ๐๐๐จ๐ฏ๐๐ซ๐ฒ may just be at the beginning.๐ค
So you want to see how you can start to position yourself and not be left out as long as these key NEW supports hold. ๐
Watch here >> https://youtu.be/mg6mfS0oD9o
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