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TSLA CommentatorA few old-timers in the Hang Seng Tech sector
Tencent, Xiaomi, Alibaba. Is the bottom of this round the end of the downtrend, brewing a new market trend?
Or is it just an oversold rebound?
Continuously observing.
Tencent's major resistance level: 500
Alibaba: 118
Xiaomi: 28
I think investing shouldn't involve mental inertia. I had a mental inertia towards Chinese stocks before, which caused me to miss the STAR Market. Many people in the community haven't played US stocks for many years and have the mental inertia of US stocks rising infinitely; they probably haven't experienced a major bear market.
Everything is just cyclical.
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