*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* We've been here before. My team isn't expecting to lose this trade, but if...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: On 5/19/22 my team purchased shares of Chinese online and mobile...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team purchased shares of Chinese online and mobile commerce company...
A nice set-up for CNY depreciation against dollar. c wave of (b) is almost done. China/Taiwan conflict might trigger that.
Geopolitical tensions between China and the US have escalated in recent years amid efforts by both countries to become the world’s economic powerhouse. Speculations that the Chinese economy would overtake the US by 2030 have led to tit-for-tat tariffs, sanctions, and a revamp of capital market rules aimed at reducing Chinese companies’ access to American...
The deal was done. The Chinese Currency deal was done with R/R: 8.6 in 100 D :D
A raft of regulations targeting a number of sectors — from technology to real estate and education — have hammered Chinese stocks late last year and into 2022, and although many economists remain bullish on Chinese stocks’ potential, Beijing’s relationship with the Kremlin is now weighing on investor appetite for Chinese shares. On Friday, April 1, Shanghai’s SSE...
It's clear Baba's RSI on the weekly is forming a base, as well as coming into a long term support trend. When the overwhelming majority are looking short/bearish the scales then tilt and no one is left to sell and only buyer are left to drive up price action. Short term accumulation zone is $75-95, buying long term LEAPS for March 2023. Not financial advise; short...
Expect a more strong Yuan push rate to 6.26 support area. Currently in a strong downward trend.
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* The market overall has reached its next buy zone. My team is loading up...
FX:USDCNH The Chinese currency is in the lowest price range since 2018 Yuan is in the Support Area China Yuan Support Range : 6.31000-6.40000 Entry Price :6.35000 1st TP: 6.47000 R/R: 3 2nd TP: 6.59000 R/R: 6 3rd TP: 6.69500 R/R: 8.5 SL: 6.31000
BABA can be heating up here .. As long as above 148 this one can maintain some steam back into the 200's and lead China stocks with it.. very oversold from highs -- can be looking at near 100% ROI back towards highs from here! Over 170 -- 210 - 230 target is in tact. Further R LVLs are 248 - 270. Good buy along with NASDAQ:JD ( Pretty soon this account...
LI Auto announced a reduced outlook on its vehicle delivery volumes for Q3. The previous guidance from Li had deliveries of 25,000 to 26,000 for the third quarter, but it now expects 24,500. My price traget is the 22.8usd support. I expect a correction in other Chinese EV stocks too.
Trend Analysis Chart Patterns Wave Analysis csi300 china hongkong index Equity Having completed the ABC corrective wave, CSI 300 started a new impulsive wave at the start of 2019. With price testing 1st support around the 4663.90 region where we also have a 50% Fibonacci retracement and possible wave 4 completion. With the CSI 300 index holding above long term...
In a selloff that can predict a new market valuation on Chinese stocks, ARK Invest sold all its 9 139 000 shares of BEKE. Looking at its financials, BEKE is not a bad stock to own at at price lower than its IPO. The company had revenue increase year over year in the last 4 years, but only in 2020 went profitable with 2.78Bil Earnings. They also have a decent PE...
China's crackdown on for-profit education companies was a disaster for traders not using a stop loss. In the 52 Week Range EDU New Oriental Education & Technology Group Inc. went from 19.9740 to 1.9400usd. After-school tutoring institutions must transform themselves into "nonprofit organizations". Jim Cramer (Mad Money) on China's tech crackdown: You can't...
KGRN is an environmental ETF based in China. China is only at 31% capacity for renewable energy with huge room for improvement. This ETF holds some of the top Chinese electric car companies. As we all know the Chinese market is the largest in the world and as their economy grows so will their push towards becoming more environmentally friendly. This ETF captures...
I know I overcharged. I hope this helps. by iCantw84it 05.27.2021