Smokwawelski

ARBITRAGE SELL CHINA LIFE BUY BANK OF CHINA

Smokwawelski Updated   
NYSE:LFC   None
THE PERCENTAGE GAP BETWEEN TWO GIANT CHINESE FINANCIAL STOCKS HAS GONE IN EXTREME. PROBABLY IT MAY OFFER CONVERGENCE TRADE OPPORTUNITY
Comment:
IN LARGER PICTURE, TIME FRAME AUGUST 2016-2017 THE GAP IS 30% !!!!!
Comment:
Probable corrective move on China stock market could drag down both of the titles contributing to disappearing of existing gap..
Comment:
In this 5 month perpective strategy is on half way as we started
Comment:
THE GAP ON SHORTER TIME FRAME GETS CLOSER FROM 11 % TO 7 % AT THE MOMENT
Trade closed: target reached:
gap has closed on short time frame. lets look at bigger picture
Disclaimer

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.