$PING AN (02318.HK)$ while the larger chinese industries are being hit. PAI seems to have bottomed out n holding well. Still need a break out from hkd 69.7 with volume before we can confirm a reversal.
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$BABA-W (09988.HK)$ while downtrend is still firmly intact, baba should be the first to recover as it was the first to be hit w ant ipo n 2.8B fines. will trade within BB range (HKD 180 to 215) for the short term while awaiting potential catalyst e.g ant ipo for a stronger recovery play.
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$PING AN (02318.HK)$ need a firm break out from HKD 69.7 which sit on BB(MA) a resistance line for past 2 months. lets go PAI!
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$TENCENT (00700.HK)$ at the range of HK400 to HK450. It is a price too attractive to ignore. Short term risks include anti monopoly regulations. Start accumulate for the next 3-6 mths. TP HKD650 in 12 mths.
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Happy Investor Sg OP Peter SG : i have also been DCA along the way. Have faith in a company with strong fundamental.
Happy Investor Sg OP haroit27 : big down today! think there are still lingering fears on china continous crackdown across various industries. support at hkd 65. bounce off this support for a few times in the past 1 month. hope that it can hold n consolidate from 65 to 69 before trying another breakout.