What happens when a multi year RSI downtrend is broken?

2022년 5월 20일

The answer is usually an explosive move to the upside. The monthly RSI is close to being in oversold territory, so if someone wants to pick up some Chinese tech stocks, I think now is probably a good time to do so despite all the regulatory risks.

Good luck with your trades

2022년 5월 28일

노트

Obviously this might take a while to play out. When the covid lockdown in China and supply chain issues get resolved, this will probably be the catalyst for this rally.

2022년 5월 30일

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Buy and hold Chinese tech stocks, you'll be happy you did in 5 years. This setup is too great to ignore.

2022년 6월 8일

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Already up 20% on Alibaba