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- 713.001
- -0.195-0.03%
Close Nov 1 16:00 ET
716.719High712.487Low
712.715Open713.196Pre Close57.75MVolume7Rise23.70P/E (Static)4.36BTurnover1Flatline0.58%Turnover Ratio1.11TMarket Cap9Fall922.66BFloat Cap
Constituent Stocks: 17Top Rising: MOGU+5.29%
I have been saying since 2018 do not touch China stocks, there's a structural reversal in China economy since 2016.
the anchor for its decline has been nailed in 2020, there will be at least a 30 year decline in its economy, it may not collapse, but it will not grow, it will be like a zombie, not living, not dead.
anyway, you don't have to listen to me, you can just see things unfold as time goes on.
I just want to mention something that I feel is important (I will come to tha...
Also keep a close tab on the USA election. praying for the more spiritual candidate to win.
A larger head and shoulder pattern is forming this week in BABA chart. The right shoulder fomation is in progress.
Potentially, $baba could reach US$89 quickily before heading higher. The correction from $118 to $89 is ending soon.
Do your own due diligence.
I am not a financial advisor
it will be quiet today and next Monday and Tuesday.
Trump is expected to win, the China bears are waiting for the result to buy US stocks, and short China stocks.
the China bulls are nervous, those who got into the market but still haven't got out with profits, are biting their nails.
if the bets are correct, these are the last 3 days to sell China stocks before they plummet.
good luck.
$Occidental Petroleum (OXY.US)$ $Schlumberger (SLB.US)$
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