$iShares China Large-Cap ETF (FXI.US)$ This week's brightest...
$iShares China Large-Cap ETF (FXI.US)$ This week's brightest boy, China Securities, is definitely one of them. After being bloodwashed for over a year, it finally ushered in a Jedi counterattack, surging 60% or even 100% in 3 days. After a long period of decline, most people are extremely unoptimistic, constantly warning about risks, and even saying that they must never touch China's stock market, Wolf King always hinted at China's stock market opportunities this year through technical analysis as early as the beginning of the year.
As the market continued to fluctuate in these two months, Wolf King also continued to update the FXI entry range for individual Chinese stocks and Chinese ETFs in line with the market situation. At the same time, it also suggested that if FXI reached the entry range, it could buy three times more YINN. In the March 11 video, Wolf King updated the FXI entry price range as 26.1-27.8. Four days later, on March 15, the lowest FXI price was 26.13. The difference was only 0.03. It can be said that it was a very accurate and beautiful match in the Wolf King entry range, while YINN's increase was 87%. This made us once again appreciate the charm of technical analysis and made me realize once again:
1. You must maintain your ability to think independently when investing in this matter. How important is it to be able to stick to your own investment logic and principles in the face of many loud noises and uncertainties. If it's not up to now, you can pay more attention and refer to bloggers with independent judgment to learn from them;
2. The technical side always comes before the fundamentals. Investing is a strict matter. Let the price tell you what to do instead of listening to news or feeling and subjectively think that it will continue to rise or fall;
3. The effectiveness of technical analysis. Tech investor Kang Eun said, “The way stock prices move is not chaotic, but predictable.” Technical analysis provides this kind of predictability, and Gann's own success rate in his investment career is as high as 80%-90%. Technical analysis can indeed help us find more certainty in the midst of uncertainty.
2. The technical side always comes before the fundamentals. Investing is a strict matter. Let the price tell you what to do instead of listening to news or feeling and subjectively think that it will continue to rise or fall;
3. The effectiveness of technical analysis. Tech investor Kang Eun said, “The way stock prices move is not chaotic, but predictable.” Technical analysis provides this kind of predictability, and Gann's own success rate in his investment career is as high as 80%-90%. Technical analysis can indeed help us find more certainty in the midst of uncertainty.
Of course, technical analysis alone is not enough; it also requires a systematic combination of trading principles and plans to increase the probability of success. These principles are also repeated over and over again in every Wolf King video. I hope everyone can learn them and eventually make a stable profit in the market. Happy trading everyone!
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$
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格林斯潘 : That's not fair. Go and see where BABA said he entered the court for the first time.