DSELE99

NETEASE, down due to news or....?

HKEX_DLY:700   TENCENT HOLDINGS LIMITED
Today's news, "China to tighten controls on video gaming industry...."

Traders & investors's overreaction? Or the charts already say so?

I'm purely chartist, base on charts itself, I may sell too.

>> Price keep create LH.
>> Unable to break Parallel Channel
>> Market structure shifted.

Some traders / investors might look for opportunity. Are you one of them?

Personally won't catch red. Just left it drop until the rebounce signal appear.

When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management!

Keep the long term vision.


Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
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