Trade ideas
The time to wake up the stock of giant Sinopharm is nearSinopharm Group is a profitable Chinese state company with 2 covid-19 vaccines (the first is approved in China) with very strong fundamentals (except debt).
Sinopharms stock seems to be near the end of a many years correction, ready to reverse its declining trend.
Next follows the stocks mid-term trend chart.
Disclaimer
The writer of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
SinoPharma Elliott Wave estimate@HKex Start of Wave 3 with price estimates and time bounded by ellipse ;)
Health is wealth , agreed ?Some may not agree and that is fine !
Think for a moment. Many of us spent a lot of time working in our career, clocking hours after office hours hoping to gain that year end promotion, score that bonus or simply act out of peer pressure.
Take a minute to read this article I found.
I am of the opinion that having a healthcare sector/company is crucial in anyone's investment portfolio. Think about it , when was the last time you see a pharmacy, clinic or hospital in your country closed down ? It is a recession proof business.With advancement in technology, so much budget spent on R&D, many diseases that were once incurable have now found a solution to it. Praise God and let's hope it continue this way so that more lives can be saved.
Back to the chart, I am excited to put a buy position for this stock soon. Would you like to join me ?
If you like my sharing, please give me a like and follow me. It would be better if you post questions in the comments box so I can do my best to answer them or some other experts reading this can also chip in their ideas.
To our health, cheers !
