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Heinisch_2108
Sep 6, 2022 9:04 PM

China stocks on chains ?  

Invesco China Technology ETFArca

Description

It is always particularly important to look at the ETFs to get a certain overview of several individual values. In this case, I wanted to take a look earlier at the China ETF as there are several notoriety stocks incorporated there.
As you can see charttechnically, we are at a junction. This fork is influenced by a few fundamental factors in my opinion. Including the China lockdowns, the rising credit stimulus and the Taiwan tensions.

But anyone who is familiar with the mentality of the Chinese knows that they are not looking for fast bull markets, but are pursuing long-term strategies.

In my opinion, we are still in a very speculative environment. However, if the values ​​continue to fall, I find them very lucrative in the long term.

your thoughts?
Comments
BoyPlunger91
BABA in a massive pennant. I lean bearish but she is going to break either way in the next few sessions
Heinisch_2108
@BoyPlunger91 👍👍
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