Panjang
Possible opening move of Ant Group
The issue of shares for IPO has been extremely oversubscribed both in HK and SH.
So I expect it will shoot up on opening as everyone is trying to get on the wagon.
Then once the hype dies down the heat may blow over and it will fall to reasonable levels from which it will start to grow. Probably something similar to how Tencent did at launch.
So I have placed market order for opening and will monitor once the heat blows off will sell at a bit of profit.
Then will wait for a reasonable entry point to pick it up again for long term growth.
So I expect it will shoot up on opening as everyone is trying to get on the wagon.
Then once the hype dies down the heat may blow over and it will fall to reasonable levels from which it will start to grow. Probably something similar to how Tencent did at launch.
So I have placed market order for opening and will monitor once the heat blows off will sell at a bit of profit.
Then will wait for a reasonable entry point to pick it up again for long term growth.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.