Serenity said many original investment ideas meet strong skepticism at first. Citing AXTI and other cases including AAOI, LITE, RKLB and HOOD, Serenity argued that market performance and business results are the final standards for judging an investment thesis.

Serenity said original investment ideas often face strong skepticism at the beginning. Citing AXTI and a range of other cases, the post argued that price, earnings and fundamentals ultimately determine whether an investment thesis is right or wrong.

Serenity reviewed several investment ideas that were initially criticized on X, saying the market ultimately decides what is right or wrong. He cited AXTI, RPI, SIVE and other examples that later gained market validation.

Serenity, known as “Bai Mao Gu Shen,” wrote on X that technical analysis is closer to “trader astrology” than a core driver of price. He argued that major gains in SIVE and AXTI were driven by fundamentals, expectation repricing and industrial logic rather than chart patterns.

Serenity said on X that technical analysis is more like “trader astrology,” reflecting confirmation bias and market psychology rather than the core drivers of prices. He cited SIVE and AXTI as examples of sharp stock gains tied to fundamentals, repricing of expectations, industry logic and float structure.

Serenity reviewed his bullish call on SIVE, saying the stock has gained about 1,900% in roughly three months and has drawn participation from U.S. institutions including JPMorgan and Fidelity.