The Chinese stock market has been volatile in recent years, but there are signs that it is on the verge of a major rebound. The government is implementing a number of reforms that are aimed at boosting economic growth and investor confidence. These reforms include tax cuts, infrastructure spending, and measures to support small and medium-sized businesses.
Reasons to buy
Alibaba Group Holding Limited ( NYSE:BABA ) : Leader in the Chinese e-commerce market, strong track record of innovation and growth.
JD.com, Inc. ( NASDAQ:JD ) : Well-established and profitable company with a strong market position, benefiting from the growth of the Chinese e-commerce market
Baidu, Inc.( NASDAQ:BIDU ) : Dominant player in the...
The Australian dollar is trading quietly on Friday. In the European session, AUD/USD is trading at 0.6611, up 0.14%.
It has been a roller-coaster week for the Australian dollar. After declining 1.88% early in the week, the Aussie rebounded on Thursday and gained 0.80%. Today's US nonfarm payrolls report could result in further volatility from the Australian...
Last week, the PetroChina share price continued its downward trend and has now reached the level at which it should form the low of the blue wave (iv) in our primary scenario. Consequently, it should soon stabilize and stop its downward movement. With the low in its pocket, a further rise is then on the cards to complete the turquoise wave 4. Only when this...
Hi guys its been a while since I've posted last
the cycle is continuing again as predicted
volume slowly picking up
etf bitcoin news is very promising
there is a new bullish channel emerging on the shorter period of the next 6 months
with a min growth of up to 65k
and max growth of up to 140k
after the spike it'll drop back down and slowly fill back to 45k as...
While not a perfect construction this does look like an inverse Head and Shoulders. A break above the neckline resistance at 39.85 should see this poised to move to 42.00 and then the target of 43.30 which is almost 9% higher. Note price has been consolidating above the 200dma now for 13 days which is quite significant and i think the probability favour an upside...
Coin Sun. This is an altcoin from the TRX ecosystem. Other coins in this ecosystem are: NFT, JST, BTTC(BTT), TRX.
On the backstage of XRP rise(China money partly) TRX class of assets also look very interesting.
In this idea i'll share my view on SUN from TRX group of assets.
From the beginning of the trading history coin has been dumping, which is basic for...
There has been an opportunity that has emerged due to the recent fluctuations in currency values and the growing demand for copper exports to China.
As you may be aware, the USD has been experiencing a period of weakness, while the AUD has shown signs of strength. This presents an advantageous situation, as we can leverage the stronger Australian dollar against...
The recent announcement of a stimulus package by the Chinese government to boost the property sector is expected to have a positive impact on the Australian stock market, particularly the Aus200 index. The stimulus package includes measures such as lower down payments for home purchases and tax breaks for developers. These measures are expected to increase demand...
China continues to purchase Gold,
adding 23 Tons of the precious metal just the last month,
according to the World Gold Council.
China has accumulated more than 180 Tons of Gold,
equating its official Gold State Reserves to around 2,136 Tons.
📈 LIVENT Lithium Analysis - CHINA Destocking / Supply shocks & Merger Speculations
Welcome to Helios Capital Investment! In today's video, we dive deep into the world of lithium and dissect the financial landscape of Livent Corporation (Ticker Symbol: LTHM), a key player in lithium extraction and refining.
🌐 Market Dynamics:
With the lithium market being a...
NASDAQ:NVDA ,1D: Price dipped just below the 50% line and popped back up over the line after coming off the local lows at 403. Given the 'uncertainty' around the level and duration of a 'higher for longer' rate environment along with the market's general preference for 'clarity' over 'uncertainty', it would not be unreasonable to expect the 'increased volatility'...
Alibaba still making higher swing lows on the daily. We recently broke out this falling wedge but have come back to retest the breakout. Important level to hold if the bulls want further upside. Results on 16th November could be a catalyst for a larger move
- While ECONOMICS:USIRYY numbers remain inflationary,
having the latest increase to 3.2% on August 10th,
on the other side of the World from the second Global Superpower,
ECONOMICS:CNIRYY came Deflationary at negative 0.3% on 9'th of August,
just a day prior to numbers of ECONOMICS:USIRYY .
Note that The Head of Federal Reserve,
our pal Jerome Powell,...
After placing the low of the blue wave (ii) at the lower border of the orange target zone between $10.10 and $11.32, China Life Insurance's share price initially rose to the upper border of the target zone last week, gaining over 12%. However, the price has not yet been able to sustainably break out of the zone, causing it to bounce and fall again. As a result,...