
The stock market has experienced a significant correction, is a new opportunity for entry emerging?

This week has been the latest volatile week for Hong Kong and US stocks since the start of the year. The three major US stock indices have pulled back, especially the technology sector, which experienced a significant pullback. Correspondingly, as precious metals like gold and silver retreated from their highs, market panic intensified. Hong Kong stocks also saw continuous pullbacks below the 28,000-point high. However, the same view holds: a continuously surging market never catches up with significant opportunities, while a strong pullback presents a chance, which also led me to double my trading volume this week.
Profits saw a slight increase, marking the final settlement for this week.
I mentioned the three major US stock indices before. The so-called divergence's final growth point lies in the $Dow Jones Industrial Average(.DJI.US) aspect, where individual stock selection is relatively important. After several fluctuations, the Dow Jones index saw its sectors rebalance and rise again on Friday, breaking through to a new high in one go.$NASDAQ Composite Index(.IXIC.US) $S&P 500(.SPX.US)
$Amazon(AMZN.US) must have experienced a relatively sharp decline, falling nearly $40 from around $240. This also provided a counter-tracking force. Although it still fell 5.55% on Friday, buy orders often concentrate on this day. Currently, consider adding to positions and continuing to follow up.
$Tesla(TSLA.US) 's bottom range hasn't stabilized, which isn't a major issue; it's just that the support level hasn't held, so shorting follows the trend. For Tesla's stock price, buying on dips shouldn't be a big problem. Previously, there were two long and one short positions. After the two long positions appeared, the stock fluctuated within a range. This time, the short position was finally captured. If the support level is effective, consider entering a portion after a bottom V-reversal, following the trend.
$NVIDIA(NVDA.US) 's movements have never required much worry. Around $180 is its hovering price level. If you can get below $180, continue holding. Stock price fluctuations are inevitable. The range within $180-200 and the value direction can remain unchanged.
The large-scale movement of the Hong Kong stock $Hang Seng Index(00HSI.HK) was mainly influenced by the US tech pullback, causing Hong Kong tech stocks to fall in response. The actual impact of market volatility isn't too severe, so there's no need to overreact with panic; it should be seen as an opportunity.
After 2802 paid dividends, the stock price fluctuations also offered lower medium-to-long-term prices. After adding positions, you can continue maintaining a long-term hold.
The greatest volatility lies in the $Hang Seng TECH Index(STECH.HK) .
$TENCENT(00700.HK) fell below the key price of HK$600, dropping as low as HK$541 per US stock. Many know about its conflicting news flow; the controversy isn't too great. What really matters is its bottoming level. The downtrend slowed on Friday, with divergence on the chart; there was no downward breakout, suggesting a potential initial bottoming may be considered.
The performance aspect of $BABA-W(09988.HK) lies in the launch of Qwen and the path of the AI track. Hunter mentioned this to everyone; its stock price fluctuations around 150 can be considered for entry. The stock price movement is clearly different from Tencent's. This decline didn't break the support, which is enough.
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