1Wk·

Vultures Diving into the Asian Market...?!?!

What the heck happened on the Asian market today?

Are semiconductors no longer in demand?

It's crazy how much my two Asia ETFs have dropped.

$DBXJ (+1.39%)

$CEA1 (+1.68%)

9 Comments

jkb92@jkb92

1Wk

You should take a look at the price history of the stocks in question, and it's also a good idea to check the RSI indicator—that should answer your question :)

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jkb92@jkb92

1Wk

@jkb92 $285A For example, on the monthly chart, even after today's sell-off, it still has an RSI of 96—that's way overbought, man 😁

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Julian@MoneyISnotREAL

1Wk

Over a one-year period, both are still well in the black. Don't get the question? 🔮😂

A small discount to buy more or bring forward your savings plan. A small discount on your investment over the next few decades. These are the risks (fluctuations) for which we’re rewarded with returns; otherwise, you’d have to put your money in a money market account.

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jkb92@jkb92

1Wk

@MoneyISnotREAL If I were to say that now is (already) a good time to buy more, I’d just add “not investment advice” as a precaution, haha—they’ll come down even further.

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Julian@MoneyISnotREAL

1Wk

@jkb92 It might, but it doesn't have to. My savings plan is just automatically invested in the FTSE All World Index, which includes emerging markets. If I had invested a year ago, things would look different. But my employer just pays me a monthly salary—they don't give me 30 years' worth of pay in advance 😂

Changed the wording 🤝

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jkb92@jkb92

1Wk

@MoneyISnotREAL But once you take the time to look into technical indicators, you'll understand. It doesn't have to happen tomorrow or the day after. But when you look back in a year, you'll see what I meant.

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Stefan Schmid@Paladium

1Wk

I get that it's a correction. But this thing is just plummeting.

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jkb92@jkb92

1Wk

@Paladium Like I said, take a look at some information on RSI and also on how a stock performs relative to its moving averages over the long term.

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SpongeBob@SquarePants

1Wk

Nothing to worry about

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