Hello,
Please see for the quick analysis referring to TAL education.
Where the chinese government crack down has shown the removal of assets in a snap of finger, the price has dramatically lost value, with shareholders either holding or realising losses.
The monthly chart below shows an opportunity to purchase - upon confirmation.
Here is the daily opportunity
Be aware - without confirms, price can move against you and all foreign holders can be diminished as china will, may want Chinese investors only.
The view is of a weekly reactive level, but be aware for buyers, foreign stock holders of this chinese company, will experience a transition from Nasdaq at some point to Hong Kong - which a volatile exchange.
So for the buying opportunity, await confirms of rejection between the monthly zone.
Thanks,
XYHLX
Please see for the quick analysis referring to TAL education.
Where the chinese government crack down has shown the removal of assets in a snap of finger, the price has dramatically lost value, with shareholders either holding or realising losses.
The monthly chart below shows an opportunity to purchase - upon confirmation.
Here is the daily opportunity
Be aware - without confirms, price can move against you and all foreign holders can be diminished as china will, may want Chinese investors only.
The view is of a weekly reactive level, but be aware for buyers, foreign stock holders of this chinese company, will experience a transition from Nasdaq at some point to Hong Kong - which a volatile exchange.
So for the buying opportunity, await confirms of rejection between the monthly zone.
Thanks,
XYHLX
