Welcome to my updated analysis of this great asset. The price is going to meet the measured target of my previous post very soon and will potentially give us approximately 40% gains. More gains might be coming!
Now, this asset is testing the previous all-time high, 30.22 CNY. And the MACD just crossed bullish and put the first green bin on its...
If you examine the type of stocks to buy from the perspective of marketing, then it becomes much more interesting.
This Covid-19 has been a game changer for many industries but the few that sticks to consumers, good times or bad times, recession or not, they were always be there.
The vices industry like alcohol, tobacco are going to be there no matter how much...
For trend analysis only, ¥8.6 is a stong 2-year support for Hengyi. I've been holding the long position since ¥9.2.
Hengyi may try to break out the triangle very soon. If it did a break out, it'd rise to ¥13 in the coming 6 months.
Bit hard to know quite what to think of these kinds of stocks. Up 300% in the last 30 days there are quite a few auto part type companies with similar charts. Might be all the Chinese buying cars internally who knows? Anyway - fingers crossed - will see how it goes. Worth a look at any rate :)
Up 200% since mid June, Inner Mongolia Junzheng Energy & Chemical Group engages in the manufacture of chemical raw materials and products. RSI looks a bit high so could be over priced, but I figure if China is trying to stimulate their economy through building works, then companies like these could be worth a look.
Its business activities include cement...