RLX almost bottomed
Updated
I have been doing research for this company for a while. It dropped so hard due to the regulation issue. Even though the issue has still not be solved. But I believe if you are a long-term investor. This is the time for you to enter with a small position.
We don't invest when everything is overpriced and insane PE raion. We invest when everybody starts to forget it. When it bottomed.
For me, this is a long-term investment play. I don't expect it to go up anytime soon (Like over a year or longer). But the gap will be filled. This is what I see in the future.
For self-education use only. Not financial advice.
We don't invest when everything is overpriced and insane PE raion. We invest when everybody starts to forget it. When it bottomed.
For me, this is a long-term investment play. I don't expect it to go up anytime soon (Like over a year or longer). But the gap will be filled. This is what I see in the future.
For self-education use only. Not financial advice.
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