We have already witnessed how e-commerce has taken the likes of Alibaba, JD.com, Pinduoduo, Baozun, etc registering strong growth over the past few years in China.
This company, 1 Yaowang is serving a niche market unlike the big boys - Alibaba and JD.com in this e-pharmacy space in China.
Read some articles here and here. I like its Q2 results and due to its small market cap, it is still not a favourite of the institutional players yet.
You can see from chart that there is accumulation between price 5.60-8 dollars range for the last 8 months or so.
I will be initiating a long position tonight.
This company, 1 Yaowang is serving a niche market unlike the big boys - Alibaba and JD.com in this e-pharmacy space in China.
Read some articles here and here. I like its Q2 results and due to its small market cap, it is still not a favourite of the institutional players yet.
You can see from chart that there is accumulation between price 5.60-8 dollars range for the last 8 months or so.
I will be initiating a long position tonight.
Comment:
Praise the Lord
Comment:
Praise the Lord for he answered my prayers !