𝐀𝐥𝐢𝐛𝐚𝐛𝐚 & 𝐓𝐞𝐧𝐜𝐞𝐧𝐭 𝐒𝐭𝐨𝐜𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 - 𝐇𝐚𝐯𝐞 𝐭𝐡𝐞𝐲 𝐁𝐎𝐓𝐓𝐎𝐌𝐄𝐃 𝐎𝐔𝐓? (𝐖𝐚𝐭𝐜𝐡 𝐭𝐡𝐢𝐬 𝐁𝐄𝐅𝐎𝐑𝐄 𝐁𝐔𝐘𝐈𝐍𝐆)

 

Over the past 8 months, we have continued to see weakness in the Chinese Tech Sector..

 

Sellers are just not letting go and coming back on any slight rebound with prices pushing lower. 😰😰

 

𝐒𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐰𝐨𝐫𝐬𝐭 𝐫𝐞𝐚𝐥𝐥𝐲 𝐨𝐯𝐞𝐫 𝐨𝐧 𝐭𝐡𝐞 𝐫𝐞𝐜𝐞𝐧𝐭 𝐫𝐞𝐛𝐨𝐮𝐧𝐝𝐬 𝐰𝐞 𝐡𝐚𝐯𝐞 𝐬𝐞𝐞𝐧?

 

 

𝐈𝐬 𝐢𝐭 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐛𝐚𝐫𝐠𝐚𝐢𝐧 𝐡𝐮𝐧𝐭 𝐚𝐧𝐝 𝐭𝐫𝐲 𝐭𝐨 𝐜𝐚𝐭𝐜𝐡 𝐭𝐡𝐞 𝐛𝐨𝐭𝐭𝐨𝐦 𝐢𝐟 𝐢𝐭 𝐡𝐚𝐬 𝐢𝐧𝐝𝐞𝐞𝐝 𝐚𝐫𝐫𝐢𝐯𝐞𝐝? 🌈

 

Joey here, Top Tier Remisier and trader in Phillip Securities.

 

Watch this video as breakdown the charts of the 2 largest tech stocks in China: Alibaba and Tencent.

 

Where are we at now and if we can actually see more downside before a firm recovery..

 

You'll have a much better picture after this video of what to expect >> https://youtu.be/X1gvJ311XGI