I watched the fall in Chinese stocks for almost the entire 2021, and it seems to me now it's worth taking a closer look at buying Chinese stocks. But in order to protect myself from big losses I'm not going to buy individual stocks, instead I will buy this ETF. It's structure is more than perfect to me and I can avoid potential delisting risks of Chinese stocks....
You all heard the news, so I'll just show the technical situation. I failed to short the first time, but now there are more than enough reasons. Based on the chart, we are in a global downtrend and we saw very strong resistance at $85 (essentially the September 2018 highs). We broke the downtrend for a while, but then quickly came back. So this time I'll take a...
Very strong downtrend on monthly+what FED just did, I think it's crystal clear that we will follow downtrend for at least a couple of months. Short @ 1.2, TP 1.17-1.16-1.12, SL 1.225.
Chinese stocks still look very weak to me. The situation began to improve and the shares went up from $140 to $180 in a matter of weeks, but now we are at a key downtrend and resistance. Short @ $175-180, TP $140, SL $190.
After an extremely disappointing earnings, the stock fell almost 10% in 1 day. In the next few days we quickly returned to the downtrend, which has been going on for several months. And at the moment I don't think there's any strong upside, so I think at least until the next earnings report the stock will decline further. Short @ $57-58, TP $48-40, SL $61.
I've been watching this company for several months now and although I like the company itself, from a technical point of view, it's very difficult to find an entry point. The company itself is relatively new and the fundamentals are still controversial, but as a venture investment for a small amount of money, it will work just fine. I would wait until the...
Possible mid-term reversal for OIL. Short @ $75-76, TP $60-61, SL $78.
The stock has been in a local downtrend for the past couple of months, but after hitting $50, the price started to reverse a bit again. Buy @ $50-55 or wait until we break the downtrend and buy around $60, TP $90-100-150, SL $45.
COINBASE stock did a pretty good breakout, but now it's slowly going back down below support level $260. If we don't hold this level, I would consider shorting @ $255-260, SL $270, TP $225-210-200.
Probably one of the best ideas in the Chinese stock market along with Alibaba. The company has excellent financial performance, good technical picture on the chart, lots of other assets. There are certainly risks that the situation could get worse, so I will buy in parts @ 470-400.
Major support level. Buy @ $80-85, TP $140-160-200, SL $70.
Craft Heinz's earnings report came out today and it was pretty good. However, the price may go a little lower, so I would recommend to buy @ $35-37 and hold this stock for a few years.
The company has released a weak earnings report, but I think that the fall of more than 10 percent is slightly overkill. Buy @ $160-170, TP $190-200-220, SL $155.
Nice uptrend+possible support near $190-200. Fundamentally and technically one of the best Chinese stock at the moment. So if nothing else happens, then it is quite a good entry point for the long-term run.
Highly speculative trade, proceed at ur own risk. Double bottom strategy, buy @ $20, SL $18,5, TP $25-26.
Despite the fact that the uptrend is clearly visible on the chart, I think that in the near future we may see a slight correction. Simple double top strategy. Short @ 4200, TP 4000, SL 4300.
After a very good correction by more than $100, we returned to the trend again. If the trend is broken, the last support will be around $100. Buy @ $115-120, TP $170-200-220, SL $105.
My previous idea worked almost perfectly, but after the Fed meeting, further growth in gold remains in question. Nevertheless, the chart shows a very strong trend + small local support around $1740-1750. If the price moves below this mark, it will most likely move to $1670. However, in this case, I will slightly reduce the risk and use only 2/4 of my usual size...