Here is my forecast for YINN. I'm expanding my horizons, thanks to Moomoo. It doesn't matter which market I look at I can always apply Elliott Wave & support/resistance to get a forecast. Let me know what you think?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Daring Lu
:
Thank you for the chart. I don't do charting. China Govt will slowly but surely provide good news to boost the stock market. Only when everyone makes money in equity mkt, then they will buy property and spend/ consume. Stay invested for a few years and should make good money.
My concern is the time bomb of US market after election. How drastic will a major mkt correction in US affects China Equities?
南家抄手
:
The basic logic of the stock market is Volume > Sentiment > Technical Analysis. When a huge amount of incremental funds enter the market, putting up a resistance and support level is simply useless.
Daring Lu : Thank you for the chart.
I don't do charting.
China Govt will slowly but surely provide good news to boost the stock market.
Only when everyone makes money in equity mkt, then they will buy property and spend/ consume.
Stay invested for a few years and should make good money.
My concern is the time bomb of US market after election.
How drastic will a major mkt correction in US affects China Equities?
Kerry QLD OP : Thanks for your comments
南家抄手 : The basic logic of the stock market is Volume > Sentiment > Technical Analysis. When a huge amount of incremental funds enter the market, putting up a resistance and support level is simply useless.
102514703 : The sentiment of call and put options is different, my bearish sentiment at 57 is another direction.