Yudi

$Hang Seng TECH Index(STECH.HK)$Lion-OCBC Sec HSTECH S(HST.SG)The Hang Seng Tech Index performed very strongly today, but the recent repeated fluctuations have made me a bit conflicted about whether I should continue to exit on a swing trading basis. Compared to the previous fluctuations, the trading volume this time has relatively increased, and everything seems to be reversing in a positive direction. It might become very difficult to acquire such cheap chips again.

I will check if there is significant selling pressure at the resistance level above. If there is, I will exit a portion of my position and wait for the next opportunity at a support level. If it directly and strongly stabilizes above, then that might be the signal for a rebound.

$Lion-OCBC Sec HSTECH S(HST.SG)

The overall market sentiment is currently leaning towards pessimism. This pessimism does not stem from a bearish outlook on the prospects of the related stocks, but rather from the panic caused by the rapid decline, although overall, this decline is due to pressure transmission from external markets.

Regarding the current price level, I think it might be a low point, but the risk of future consolidation and further deterioration in sentiment makes it very difficult for me to take a position, yet also hard to decide to sell the positions I already hold. I will continue to watch and wait. If there is further consolidation later without breaking new lows, I will prepare to enter the market.