Market direction week Aug 20

I don't have a crystal ball. So I could not tell whether the stock would rebound from the bottom and subsequently recover to challenge the new high this coming week. But looking at the US relief rally last Friday, there is high probability that we would see rebound on Monday.

If you are adventurous enough, we can buy some well beaten down stock to ride this rebound. Take profit if a meaningful profit is achieved. Until the air is cleared and there are no more bad news, then we can consider to re-enter the market.