$Z.AI(02513.HK) In early July, when the stock price was fluctuating between 1800 and 2300, I predicted this stock's trend. As expected, it reached the 800-900 range within July. Next, it will consolidate in this platform. From the market maker's perspective, consolidation does not mean a rebound; rather, it is to make retail investors mistakenly believe that a bottom has been reached and a rebound is imminent, waiting for retail investors to gradually accumulate large positions in this range, before continuing to dump shares until it returns to a reasonable valuation.

So what is the reasonable valuation range?

I personally believe it is 2.0-3.0 times the issue price, which is 200-400 HKD!