Saturday, October 9, 2021

Is this the beginning of convergence

between US and China tech stock market as mentioned in https://ainvestor.blogspot.com/2021/08/a-big-divergence-between-us-and.html?

Alibaba's technical analysis show signs of bottoming. However, as all MAs are sloping downward, there would still be chances to buy in during pullbacks. Alibaba has led the crashing of China tech stocks, so would it also lead in the recovery? Only time could tell.


Added SGX @ $9.46.
Added 3067 @ HK$12.45.

1 comment:

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