𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐓𝐞𝐜𝐡 𝐒𝐭𝐨𝐜𝐤𝐬 𝐒𝐄𝐋𝐋 𝐃𝐎𝐖𝐍 | 𝐈𝐬 𝐢𝐭 𝐚 𝐌𝐚𝐬𝐬𝐢𝐯𝐞 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲?

Friday, January 28, 2022

Over the past few weeks, we have see the US tech sector selling down massively..

Mainly due to the markets reacting negatively to the planned rate hikes for 2022,

The SG tech sector has not been spared too with most of the tech stocks back to their previous support.

with some even breaking it and pushing lower.

𝐒𝐨 𝐢𝐬 𝐢𝐭 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐬𝐭𝐚𝐫𝐭 𝐛𝐚𝐫𝐠𝐚𝐢𝐧 𝐡𝐮𝐧𝐭𝐢𝐧𝐠 𝐧𝐨𝐰 𝐨𝐧 𝐝𝐢𝐩𝐬 𝐨𝐫 𝐬𝐡𝐨𝐮𝐥𝐝 𝐰𝐞 𝐧𝐨𝐭 𝐫𝐮𝐬𝐡 𝐭𝐨 𝐜𝐚𝐭𝐜𝐡 𝐚 𝐟𝐚𝐥𝐥𝐢𝐧𝐠 𝐤𝐧𝐢𝐟𝐞?

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

Well, I think it really depends on what we see on each individual tech stock.

Some of them looks really attractive at current prices but strong support may not have been found yet,

so if you rush to get in, you may be caught.

Watch this video all the way to the end to see which are the potential ones to think about nibbling when the time comes and if we hit certain levels.