Chinese stocks still look very weak to me. The situation began to improve and the shares went up from $140 to $180 in a matter of weeks, but now we are at a key downtrend and resistance. Short @ $175-180, TP $140, SL $190.
Trade closed manually
closed 1/2 of my short position, too many hedge funds are actively buying Chinese stocks, including Alibaba. I think $150 is the bottom.Trade closed manually
closed the entire position b4 earnings
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.