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:)Longby JeffCheung1
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.Longby dchua1969Updated 222
Excavate your path of wealthRead article here Wait for a healthy pullback , then go long.Longby dchua1969Updated 1
Image Sensors, an area of Growth.Bullish on Chinese Semi's which do not require bleeding edge fab technology. Image sensors showing year over year double digit growth. Longby SaltyTeemo0
I Recommend buying !PETROCHINA COMPANY LIMITES WILL Rise next days The Target 4.60 CNY SToopLOss 4.10 CNY Longby ALAOUAL2
600809:SSE - SHANXI XINGHUACUN FEN WINE FACTORYWith the bans / restrictions on wine imports from Australia, I thought I would have a look at some Chinese wine companies. This one looks interesting. Nice steady run of around 180%. Could be worth a look. Longby zAngus3
EAST MONEY Cup&HandleEASY MONEY is a major stock brokerage firm in China. Buy on breakout would give us a risk reward ratio of 1:6.93 #NOT FINANCIAL ADVICELongby JoE2
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#Longby JoE3
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 Longby RocketmanUpdated 1
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. by zAngus5
Zhejiang Meida: China's Electronic&Household Appliances IndustryFundamental: The mainland Chinese government had a key meeting this month which included a new 5 year plan. Overall, it is expected that their economy will be the number 1 economy with the largest high-income society in the next decade. It seems that in this regard, China will become the worlds money dumb with low-quality persists, yet a place where money grows; a place where no investor will actually live, yet a place where people come for a medium to long-term "plug-in and pull-out" method to extract money from for retirement and to live a more comfortable and luxury life outside of the mainland of China, and to maintain and perpetuate a quality standard of living in Western countries. However, in the mainland of China, the average citizen will continue to live in squalor and unpleasant conditions when juxtaposed to American middle-class living standards. However, in this 5 year plan, Beijing plans to eradicate extreme poverty and focus on environmental protection. China is still an export-dependent economy; and, currently, investment and exports drive economic growth. China wants its economy to be a high-quality growth model, where consumption drives economic growth. However, it could also be that consumption drives economic growth without high-quality of life; that is squalor living where people consume a lot of stuff that "Western people" use. It will not be a high-quality society, but a high-consumption society where people, in general, continue to be uneducated and have bad manners. Less than 10% of the population has a college education. And even if they are educated, most people do not realize that all humans are children of Africa and most are unconscious about the concept of cultural-diversity within their own borders, let alone the world. So, another number one country with a general population that cannot embrace and cannot actualize who they are that will perpetuate the status quo. Speaking of consumption, Zhejiang Meida Industrial Co., Ltd. is set to be a leader the consumption of China in the electronics and household appliances industry. This company produces and sales integrated kitchen appliances, such as stoves and sink items. With a stable balance sheet this company also pays a 2.90% dividend. Technical: Breakout with volume above 20 sma Macd divergence MACD cross above signal line Longby Rocketman1
DaShenLin Pharma: Retail Chain of Med, Trad. Chin., Equip., etcLooking back at a snapshop of DaShenLin Pharma's balance sheet, this company seems to have carved a niche market in regular medicine, traditional Chinese medicine products, medical equipment, personal care and household items. Their products are flying off the shelves as it positioned itself as a retailer, wholesaler and manufacturer. It is a leader and rated as one of the top 100 listed value companies mainland China. The link for information about the company is here: www.dslyy.com This company is unique in that it emphasizes its social responsibility in the environment. Price performance: YTD approx. 92% as of October 26, 2020.Longby Rocketman2
Lens Technology: A Winner In Touch Screen Production in ChinaFundamentals: This company produces touch screen and finger reading technology in China and it is a clear growth stock for the new economy. Its industry is ripe for growth, being a producer of electronic parts in mainland China. China's growth is set to outpace the world in 2021. This company has a qualified return on equity and cash on hand. Technically: Its up volume versus down volume ratio is above my, personal, minimum requirement (good). Price performance: The stock has gain 147.61% ytd as of October 26, 2020 (Beijing time @ 2:39pm). This is a stable company that I can look forward to for future growth given its fundamentals, technicals and price performance.Longby RocketmanUpdated 1
analyzingThe rise and break of the level in the red zone gives strength in the direction, either to continue the ascending channel or direct direction to the level 7.78, as happened previously.Longby AhmadmBani0
Luxshare Precision: 002475Luxshare Precision: 002475 Strong company with a steady balance sheet quarter after quarter, year after year. Great long-term outlook.Longby RocketmanUpdated 2