SSE:600276
Most traders lose money.
Why?
Precisely because rather than simplify their way of operating and be as disciplined as possible, seek solutions that are apparently very technical and professional with the help of indicators and oscillators, and put them on the chart making it very complex and cool to the eye.
The reality in economic terms is negative in...
SSE:600276
Classic pattern, Cup & Handle, which in this case acts as a figure of continuation of the primary trend.
Let's take advantage of this breakout of resistance level.
Statistically as we know from our backtest based on our Entry Points, Stop Loss, Take Profit, we have a % positive realization of this trade equal to 35%.
Pharmaceuticals have done well in China over the long-term for many years. Given the quality of JiangSu HengRui and its perpetual growth, there is no reason why this trend should abate over the long haul. This stock is immune to a trade war, yet not immune to business cycle risks, which has caused turbulence for weeks to months before.
I am a little late to...
