$ASML Holding NV(ASML)$For those that followme, ASML is an European chip maker giant. US have NVDA, EU have ASML. Add into watchlist for long term play.
I am not surpise BABA and the other chinese stocks continue to get hit. Based on the RSI on the monthly timeframe, it wasn't even close to be oversold for the past many months until recently it starts nearing the 20 RSI. I bought in some BABA but the question I am asking myself now:Based on technical it's about time BABA bounce up but we never know if this will continue down or not. If US stock market is to crash in the future maybe we will see more people reallocate into the oversold chinese stock?
$Alibaba(BABA)$Still a very long term play, you need to be patient as China continue to crackdown the monopoly giants. I sold off all my BABA position in October just before it gets rejected off the 100EMA because it has done so a few time last time and thus pose as a very strong resistanc. If BABA trade above the 100EMA on daily chart, it might signal a confirmation of uptrend. Be patient.
$Tesla Motors(TSLA)$I would have to say this. This drop is from a huge bagger. Since $900+, ourmeme stock group WallStreetBets have been all over Tesla with 160x gain in a day on options. Tesla have attracted to become a meme stock for a short moment and no one seem to be talking about that. Remember that Gamestop and AMC dump? What makes you think WSB can't dump theirs too. This is why I said few days ago this is going to crash hard.