KWEB: China tech bottomed?

I think it's either the bottom or very close to it. Worth taking a punt here, risk 3 average ranges down and go for the gold .
Let's see how this one works out, I'm not risking big on China overall, but from a contrarian standpoint it is really interesting as to pass on it here. It will be more confirmed once the daily chart flashes a bottom signal, this would take a couple weeks, after not falling lower.

Cheers,

Ivan Labrie.

Order cancelled

My entry here worked well, but it started acting like crap again shortly after, we all know how this ended. I managed to turn a profit on this one and sold the initial run up, now waiting to buy back at some point...for now, no such chance exists.

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Still watching, nothing yet...Good trade at first.

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If we hit 48.71 this week, we flash a weekly uptrend that can be a massive bottom. I'm already long from the bottom in my other publication, adding this one back if we confirm the weekly trend before Friday's close.

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Weekly trend is active, confirmed bottom long term.

Trade active

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Down trend target hit, soon we might get a reason to buy this.

IvanLabrie

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IvanLabrie

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