002555:SZSE - WUHU SANQI INTERACTIVE ENTERTAINMENTTraded on the Shenzhen Stock Exchange, Wuhu Sanqi is a top 25 global public game company (No.3 in China) with a focus on the publication and development of mobile, browser and html5 games. Up 220% over the last 12 months, with its recent pullback, might be worth a look.
000858 starts to retrace. Wait for the chance to buy on dip!SZSE:000858
One of the hottest Chinese stocks at China SZSE, starts its retracing movement.
It's just broken down the 20MA in daily time-frame. If the key level of 258 is unable to hold, it may retrace further.
The best spot for buying on dip would be the daily 50MA which is also located the strong demand zone 241-245, as well as the mid term up-trend line extended from 19th Mar 2020 to 26 Oct 2020.
Stay tune for the update:)
Riding on the middle income group in China 40% market share in China
A staple ingredient in the Chinese Cooking culture
Popular household brand - Golden Dragon
Here is how it looks like
Now as middle income group in China keeps growing, the choice of oil selection becomes more apparent as well. Now, they can afford better quality, better brand image and Golden Dragon brand has earned that over the years .
If you have been following me, I talk about the importance of stickability in a brand or company that I like to invest in, such as Tencent for games, Meituan for food delivery, Haier for appliances, etc. The more they use on a daily basis, the more entrenched is the habit and the harder it becomes for them to switch.
That is a competitive advantage that competitors will have a hard time trying to steal their market share. With a strong parent company like Wilmar International , it is well poised to make stellar performance in the years to come.
Wait for pullback and go long.
ZTE falling wedgeZTE Corp the sleeping giant in telecom industry finally waking up.
Falling wedge pattern shown on chart project a target of around 60, 50% return opportunity.
The bullishness is also double confirmed by MACD golden cross on daily.
Buying on breakout provides a risk reward ratio of 1:8
#NOT FINANCIAL ADVICE#
Jafron Biomedical: 300529Fundamentals:
Company website: www.jafron.com
About: Jafron Biomedical company researches and produces hemoperfusion-related products, which helps to reduced blood pressure in patients. Jafron is number one among its peers in its industry within mainland China.
This company has a strong and stable balance sheet and it is making money. It is set to continue to grow well into 2021.
Technicals:
Volume accumulations within a chart base pattern
Breakout
What I will do:
Buy and hold until next earnings season and guidance from upper management
601012:SSE - LONGI GREEN ENERGY - Recovery after pullbackPointed out to me by @Rolandofgilead this is a great example of the stock pattern that I like to trade. Photovoltaic space (light into electricity) which I think is pretty hot right now and will be for years. Nice long run with 15% or less volatility, with a pullback followed by a steady recovery. RSI is crossing up through 55, volume looks good, and a buy signal on the SuperTrail. What I will do is place a stop buy order a little bit above where it closed on Friday to enter the trade if it heads up - so buying into strength. Might be worth a look if you can trade HK / Chinese stocks.