Massive Bottom for MCHI Long

iShares MSCI China ETFNASDAQ

Descrizione

⋅ 30 set 2022 13:46

Really think even with all the bad news Chinese stocks are about to rocket, backtesting the breakout and support from 2016, this one is a hard long for me.

Commenti

BoyPlunger91

⋅ 1 ott 2022 05:06

I share this view & am very long MCHI leaps entered this week. I can tell you now, this is a hated trade which gives me comfort.

One thing I don’t love is major 2012 & 2016 support levels another good wack down. Maybe we bounce here & drift down there before a proper reversal?

ghengiskahnspermshot

⋅ 5 ott 2022 14:51

@BoyPlunger91, I noticed the darkpools went hard on this too, think this is a good longterm hold and the bottoms probably in.

MoogzX

⋅ 14 dic 2023 00:34

>Don't speculate or listen to the news, it's all in the charts.

You are a smart man.

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