Sharing today's learning insights
$PUMP repeatedly surged and fell today, breaking the previous high before dropping, forming a strong resistance line and a triangular consolidation, then quickly breaking the lower line and entering a downtrend channel.
This morning was a close call for liquidation, it reached the edge of the cliff and then pulled back 😂
Fortunately, the bears can catch a breather now. Watch to see if it can break below 0.0062 before the rally again, then consider moderately reducing positions.
$MINIMAX, as one of the dual AI giants in the Hong Kong stock market alongside MiniMax, clearly underperformed Zhipu today but still holds a high premium. The market pricing for the two has started to diverge. MiniMax's main business is video generation, and MiniMax-m3's competitiveness is limited compared to glm-5.3-flash. Overall, its business is not as strong as $ZHIPU but it has a relatively lower valuation compared to Zhipu.
Overall bearish bias, watching if the new model release later exceeds expectations.
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