CN50 trade ideas
China, it's like the Amazon of Amazon, you know?Wow, def digging this stock....it's like the $AMZN of $AMZN. Anyone hear of this "China" company?
Fundamentals seem decent. Lots of employees. Low costs. Not sure how EBITDA translates into Mandarin, but it seems like an easy long to me.
23,000 in the next 18mo.
Secular bull market in China - One day after US electionsThe China A50 index ( click here to see its components ) has been trading in an ascending triangle consolidation pattern for the last 5 years.
It broke out in July 2020.
From July - October 2020 it's been trading tightly inside a bullish pennant. The last few weeks it's shown relative strength in a relatively weak environment, and now looks to be firmly breaking out of the pennant pattern.
Zooming in on the 4hr chart here's what we're looking at:
I always prefer horizontal resistance and it's looking good here too:
I have a position
What Is a Secular Bull Market?
A secular bull market is a market that's driven by forces that could be in place for many years, causing the price of a particular investment or asset class to rise over a long period - a trend that lasts 5 to 25 years.
China A50China A50 to give us a right shoulder then buy hard...I'll be looking to buy it @ my support zone tomorrow
China A50 Index holding up well above its Mid Term Trend SupportChina A50 Index
- Holding up well above its Mid Term Trend Support despite U.S and European market plunge.
- Technically the index remains in a long term uptrend formation.
- Pending price action to breakout of its sideways resistant to go for a Super Bull Rally.
- Downside to easily look at its Mid Term Trend support. Once void will need to head to its Long Term Trend Support (Red Line)
- Shall the Long Term Trend Support (Red Line) is broken too = Bear market potential zone.
New trading Strategy upgrade -This is my Price Auction strategy.
Good opportunity to trade this pair
for a swing trading. I will keep sharing
my idea on the same chart, please make
an Agree/ Like, if you agree or see profited.
My Chinese Crystal Ball... #gold #silver $slv $gld #fintwitCheck out this fast recap why a paradigm shift is being led by this commodity friendly index... the China A50. I do not know why... just my observations. #gold #silver $slv $gld #fintwit
buy now or wait for breakout @ 15,733.30Again, there is no right or wrong. Some like to buy at support IF they believe it is going to continue to go up. Others prefer a wider margin of safety and wait for the breakout at the resistance level at 15,733.30. What if it reaches this level and tumble down again?
So, risk perception differs from different people and since no one can predict with 100% accuracy on the price movements, these differences in price points allows traders to make profits and losses each day.
As a long term investor in China, I am bullish on China market and thus would average up on this index.
CHINA A50 IS EXPLODING CHINA A50 Is breaking above resistance keep holding or whait for a breakout
DO YOUR RISK MANAGEMENT AND MAKE SURE YOU FOLLOW YOUR STRATEGY
LIKE IF THIS WAS HELPFUL TELL US WHAT YOU THINK IN THE COMMENTS THANKS YOU
BUY CHINA A50 DO YOUR RISK MANAGEMENT AND MAKE SURE TO FOLLOW YOUR STRATEGY
LIKE IF THIS WAS HELPFUL
TELL US WHAT YOU THINK IN THE COMMENTS
THANKS YOU
Long Setup. Bull Flag in placeLooking to long China A50.
If break the support, this bull flag turn invalid.
Bullish on China A50. Showing Bull Flag patternShowing Bull Flag Pattern on China A50.
Interesting to long at this point.
China's economic recovery was gaining momentum with pent-up demand, fiscal stimulus and surprisingly resilient exports boosting sentiment across the region.
China A50 Stock Index Trade Idea 💡 Ideal continues sells to fill the inefficiencies left below, also the inverse correlation means a buy for US based stocks
CHINA A50 probably the last low-risk entry hereAfter breakout multi-year resistance two months ago, A50 has been consolidating above the line. With the 2% up yesterday it looks good (especially MACD) and ready to pop when zooming in to daily TF - a low-risk entry IMO. With that said, close below the resistance another story.
