Time to short.
It had broken the triangle and fall apart. Now seems its dead-cat bounce end. We can expect support at 700 RMB.
Good income-return ratio.
When crossing the price level 1, I consider the following options for the price movement up, differing in the depth of the corrective price movement down. Detailed trading information (forecasts for all assets, entry points to the position, opening time, STOP LOSS) is available by subscription @TradePrBot.
Every day, there are many fake articles that spread different positions, both true and exaggerated. In order to judge valuable information from them, we need to have certain critical thinking. Then I will share three dimensions for your reference.
In the period when Kweichow Moutai was heavily bearish by market opinion, I saw an article talking about the risks of...
Hello everyone. This is a follow-up post of my published idea titled 'Kweichow Moutai potential buying level of 1550' on July 28th. Back then, price was CNY 1768 per share. I guess a lot of Chinese investors doubted if it can fell to that level.
Now it sat at CNY 1550 and a lot of investors started to concern if there is much room to the downside.
In my...
Kweichow Moutai is the icon of Chinese stocks. With gross margin of 90% plus, It's been served as the deep value investor's must-have holdings. In addition, the share of Moutai is the most expensive one in domestic Chinese market.
However, 2021 is not the year of Moutai. The price has dropped by approximately 37% from around 2630 created in Feb. From the...
Kweichow Moutai is China's most valuable firm outside of the tech industry. It's like the barometer of the market. When Moutai is up, the broad Chinese index will very likely be up.
After Chinese New Year, Moutai has been down almost 30% and likely further drop to key level of 1800 where we get several reasons to buy, e.g. flip & demand zone.
The attractive...
Have you tasted the National drink?
The prices of these have been increasing due to the demand surpassing the supply. During tough times, we drink more. During good times, we drink more. So when do we not drink more of Moutai?
I call this the Coca-Cola of China in time to come.
