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Earnings flood from China's stocks: Is a turnaround on the horizon?
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CHINA

YINN - RADY FOR REBOUND.
YINN - RADY FOR REBOUND.
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?
CHINA
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  • 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.