No government is performing at a higher level than China's. The biggest risk is they take Taiwan. If that happens any investment you have there could get frozen or could get banned or could get out right stolen. That said I think they take Taiwan by election eventually because even there it is close. There is a big pro China population in Taiwan most people do not...
Fact; - Apple (iPhone, etc.) is entirely (100%) sourced from China; - Google (Android) is 100% sourced from S. Korea & Japan. 1) Considering the abject population collapse - and massive DE-industralization!! - of China, it will take YEARS for Apple to relocate it's entire supply chain. (To N. America?) E.g. Apple will be lucky to bring out a new iPhone every...
BEKE, KE Holdings, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China is bullish after the chinese government pledged to support markets 80.75Bil revenue in 2021. 52 Week Range 7.31 - 61.39 I see a reversal to $20.50 short term.
Price target for NTES is $84. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Price target for BEKE is $19. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Price target for JD is $62. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
UGLY NASTY BREAK ___________________________________ Catchup to do with ASIA
Description CWEB has been working it down from its ATH since FEB of this year, and has gotten stopped up in the congestion pattern. I have been watching it to pick a direction to enter a position and it looks like it finally has broken to the downside. I have been using Long Puts in all my short positions because I do not want to cap my downside potential to...
As much as big banks want to sweep Archegos under the rug I don't think it's going to go away.
Extreme bearish sentiment at $46 support? Looks due for a bounce to me. First upside target $66 and then $76. Unlikely to make it much higher than $76. Watch for reactions to price action on key dates and levels on the chart.
CQQQ just broke through year long up trend line and looks to revert back to long-term (slower paced) trend channel.
BABA broke out two days ago, with above average intraday volume. OBV is confirming slight positive trend. Taking a look at seasonality: We are entering July, which has been THE best performing month in the past 8 years. BABA has closed higher than it opened 83% of the time in July, since 2014. Approximate Potential Target ---> $275
Chinese technology stocks like Pinduoduo were among the top performers in 2020. They’ve pulled back hard in the last two months, but now certain members of the group are showing signs of stability. PDD could have the most interesting patterns. First is its recent bounce around $120, which matches a high-volume bullish gap from a strong earnings report on November...
I project an increase in the stock price of NASDAQ:PLAB due to: Increase in revenue since the last quarter. Commitment to Chinese and Taiwanese production plants that have a solid backing of governmental support. New technologies within the industry combined with a solid demand that wont decrease and the mono-product nature of Photronic. Demand for...
Powerful out performance in China tech unlikely to be undone by new Trump executive order
Alibaba making an interesting W-formation. Waiting for a break above the double top, or a retracement to the 20sma to go long. OBV and RSI are supportive of the movement, with OBV trending higher than previous peaks, and RSI above 67. Keeping on a watchlist.
Today was Singles Day for cyber-shoppers in Asia. The annual event by Chinese e-commerce giant Alibaba (BABA) set another record, up 27 percent from 2018. Earnings have beaten estimates for the last three quarters. BABA's also a key stock to watch if trade relations between the U.S. and China continue to show signs of improvement. Still, it's been trapped in a...
LNVGY (Lenovo Group LTD) --> place BUY ORDERS in the Green Box!