XNET just announce a private cloud storage product with the theory of block chain. And the equipment are ALL SOLD OUT at taoboo with a price of 399RMB (And now someone offer it for 999RMB) Many people in china use XNET for their BT service. There are a trend-line occurs around 10, and breakthrough yesterday, as this is the 3rd times breakthrough, may consider this will be a first support .
dividend the funds into 7 parts; 1/7 on 10; 2/7 on 7.5; 4/7 on 5. long investment, target price is $30 USD.
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unfortunately only one parts can invested. Just break through the history-high-point with 30% return (cal from $10), can take profit now and wait for around $11 to reinvest again. Target $30 unchange .
very basic trend line. take 50% of the profit if break-through the up-trend line
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As you can see, this is the "chinese style" investing technique. People will just investing by covering their eyes. The product i mentioned above has raised from $399 to $2199 at taboo now. New high again, target 30 is not far away.
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very basic trend line. take 50% of the profit if break-through the up-trend line
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the volume is not strong enough to breakthrough this channel limit to 19.5 all the narrow should be a good point to enter. Best choice 13.5
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target remain unchange
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the adjustment is complete. new target $50 USD
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if lucky enough to collect at best choice 13.5, can consider to sold 50% of holding to get back the cost now, and wait for $50!
seems i am the only one have a positive views on this stock recently after the huge drop....
sorry i am not good at charts watching & tech analysis...the technique i am using is very basic..
but... i am very good at fundamental analysis and long term investment...=)
sorry i am not good at charts watching & tech analysis...the technique i am using is very basic..
but... i am very good at fundamental analysis and long term investment...=)