The Chinese tech bounce - fast and furious
It's a fast market when it comes to China. Only yesterday did we write on the topic of Chinese tech giants;
"Generally speaking, we saw attempts for some sort of an early bounce in the Asian session. Obviously this is a scared and fragile "process", but given the fact all these tech giants remain extremely oversold, things could easily get violent in a (dead cat) bounce.
"Generally speaking, we saw attempts for some sort of an early bounce in the Asian session. Obviously this is a scared and fragile "process", but given the fact all these tech giants remain extremely oversold, things could easily get violent in a (dead cat) bounce.