Betting on Lottery-like Stocks in ChinaFor those who made the thousands of percentage profits on these 3 stocks , congratulations !!!!
Unless you are based in China and familiar with these local stocks, the chances of you spotting them and then make profits out of it is really slim. So, if you are like me, just read it and move on.
As an investor, it is your responsibility to do your own research about the companies you are going to put your money in. Afterall, you want to see your returns growing consistently rather than a one off exponential returns , which may not be repeated again (due to poor fundamentals)
Trading or investing in the stock market is nothing more than a game of emotions control. The easier to win, the bigger you want to increase the stake so that you win more the next time. Akin to gambling, you got addicted and blindly follow the crowd, taking the easy way out.
Of course, this is not to say that you cannot have speculative trades. For me, I put only 5% of my total capital in these trades and ALWAYS with a STOP LOSS. That way, I get to join in the fun but without burning too much.
Unless you are skilled in the game of manipulation in the market where the big boys use to lure the retail traders to push up the price before dumping them, it is wise to avoid these trades or at best, keep it minimum.
The best education is to learn how to protect your capital. Already with high inflation globally, if you are not making profits to beat the inflation rate, the least you could do is not to abuse it and let it slide further.
waking up of giant to 60 yuanwith rising of china semiconductor industries, SMIC had successfully made 7nm BTC semiconductors, even outperfom Intel in terms of effiency. Many ICs are made within China given current International conditions, China has given massive financial stimulates and the company is having multiple quarter of growth and set to challenge many rivals.
This giant is bouncing from a double bottom, possibily to see 60 yuan, in 2-3 months. and 5x in 5 years.
down move for more up moveevery bulish move, but here is buying climax, we need more time or space for a bigger up move. I think the price will retrace to the demand candle, after that, we may have a sideway move or up move, this is depand on how fast is the downward move, if the move is fast and big, which means we need more time to heal the volatily. otherwise if we have to slow and peaceful downward retracement which means a bigger up move will come soon.
Agricultural Bank of China (BUY)the 50 moving average seems to want to support the price over the last 13 candles after the breakout of it with force on March 28, 2022 and the RSI resumes acceleration, gradually approaching the neutral zone. If we break the trendline and we position ourselves above the 50 zone of the RSI, we go buyer after the pull-back.
Has the China property sector bottom out ?If the price action in the chart reflects correctly, then this could be the bottom for the China property sector. The peak happened a year ago in March 2021 where the price was highest at 34.56.
The past weeks candles tell me there is a tug of war between the buyers and sellers. $22 seems to be a pretty strong resistance so we need to break above that for a convincing recovery bull rally for the property sector.
this stock is in a critical levelhello investors
Wow the beauty of halves of trends is clear and fascinating here in this chart.
I explain: we are in 50% of the big uptrend correction and also in the 50% of the last downtrend corection so if the elipse zone are broken you should ride the trend up or down.
Remember please that I am not using cristal ball predicting markets' future but I try to be more effecient and more rationnal
Do not hesitate if you want some explanation and more analysis of other markets, just ask me and i will be glade to answer you