Investment Diary (By Joe Pong Wealth)
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πŸ† Recording Wealth Accumulation Journey Together
πŸ’¬ Join Discussion Room:
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Not sure anyone noticed #Meituan Dianping this afternoon. Stock has been falling more than 10%. However, it has broke the child support trend line.
#003690 #MEITUAN

Too much US equities? Let's zoom out and take a look at one of the China-based HK listed stocks.

All time high price resistance challenge. Very likely will be pulling back to close to MA20 support trendline region (green line) before another higher up.
#Meituan adjusting back close to MA20 trendline. πŸ™†πŸ»β€β™‚οΈπŸ™†πŸ»β€β™‚οΈ
The beauty of automation.
#meituan

I set an order at 260 early this month, until I forgot about it...

Today, the position was opened first day in morning.

πŸ’―β€οΈ
Investment Diary (By Joe Pong Wealth)
Photo
Long Lost Portfolio Diary Update😬

I call this portfolio the " #JP30 " lol. πŸ™ˆπŸ™ˆ

Sitting at unrealised 25% portfolio return till today.

Not the best representative return for the year.

Some new stuffs & mistakes:

πŸ’‘ Added BTC into my etoro portfolio (<5% size)
πŸ’‘ Took profit on a few companies, and reinvested the money to some in-portfolio-stocks to reoptimize my position sizing. (Accidentally sold of some #BA oops)
πŸ’‘ FOMO PLTR last week then entered at the high. Lol (1%) 🀣

TOP POSITIONS
#GOOG #AAPL #meituan
#FB #MSFT #ADBE #SE #BABA

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Few notes to myself:

❣️ To stay rich, diversify. To grow rich, concentrate.

❣️Trust the process and do it consistently

❣️ Perform portfolio allocation sizing and optimization from time to time, maximizing profits

❣️ Do not FOMO & chase the HIGHs ! Wait for price coming down to a reasonable level.
#MEITUAN EMA100 supoort, RSI neutral
#MEITUAN has not been able to breakthrough the 210 resistance line for quite a while