It could be the bottom for the entire marketJumia, 3D Systems, Fubo, Skillz, Virgin Galactic, Plug Power, Nio, Jinko Solar, Xpeng, Li Auto, Momo, Pinterest, Beyond Meat, Peloton, Tesla, Square, etc. Some of them have lost more than 50 percent since the peak of February. It seems they all touched the bottom this morning.
Notice how they move in unison despite belonging to different sectors, the same could happen in the recovery.
NYSE:JMIA
NYSE:DDD
NYSE:FUBO
NYSE:SKLZ
NYSE:SPCE
NASDAQ:PLUG
NYSE:NIO
NYSE:JKS
NYSE:XPEV
NASDAQ:LI
NASDAQ:MOMO
BMV:PINS
NASDAQ:BYND
NASDAQ:PTON
NASDAQ:TSLA
NYSE:SQ