$KWEB hitting monthly Senkou Span B
As said in previous Chinese tech stock analysis, I am looking forward to adding big Chinese tech names during this crisis. In my opinion, the crackdown does not impose long term threat to these massive companies. China treats them as the only child, just beating them up when they get naughty.
$BABA $PDD $JD are my targets. Although they all move together, whichever generates Demark buy signals I will happily add. Next week, I will also watch if they come close to previous low on 27th July, to which I give a very high chance.
$BABA $PDD $JD are my targets. Although they all move together, whichever generates Demark buy signals I will happily add. Next week, I will also watch if they come close to previous low on 27th July, to which I give a very high chance.