Summary by Futu AI
Keysight Technologies officer Mark Adam Wallace plans to sell 6,000 shares of common stock on 12/30/2024. The transaction has an estimated aggregate market value of $970,770.56.The shares to be sold were acquired through two restricted stock vesting events. On 11/14/2022, Wallace received 1,207 shares, and on 11/16/2022, he acquired an additional 4,793 shares. Both acquisitions were compensation from the issuer.No securities have been sold by Wallace in the past three months prior to this announcement. The planned sale represents a portion of Wallace's holdings acquired through restricted stock vesting in November 2022.
Today, after hitting the high near 24,000 in the early session and entering bearish positions, the index fell sharply by nearly over 600 points, immediately recouping yesterday's losses significantly.
Moreover, today it broke the new high again, reaching a maximum of 24,076, but by the end of the market, it fell back by about 70 points, producing a bearish candle. The current trend has not yet been broken, but from the previous low until now, it has risen close to 6,000 points. It is believed that those with positions can continue to hold until there is a clear trend reversal for profit-taking. Those without positions can wait for a pullback to get in. Actually, it is hoped for a quick pullback, as it allows for entry and also provides a healthy breath.
Currently, the outlook remains the same as before. It is believed that even if there is a pullback, it shouldn't be too deep. However, if Futures fail to stabilize and close below 22,350, there may still be room for decline. The chance of Futures falling below 21,400 in the short term should be low, so it is considered that if a significant pullback occurs, it presents a good opportunity to incrementally go long. Recently, there has been a consistent approach to not hold positions overnight, only focusing on immediate trades, as there is no high chasing and no casual short selling.
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