melson
2023-09-04

$LION OCBC HSTECH ETF S$(HST.SI)$   is clawing its way up as the chinese government introduces stimulus measures. the chinese government also told funds to stop selling. 

$FTSE China Bull 3X Shares(YINN)$   overnight trading is up. both yinn and hst trend in the same direction. yinn rebounded after diving back down. this is a good sign that the bulls are back to support the climb up. 

hopefully the incoming china data is good. 

near term target for hst 0.76

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@TigerWire   for the new star contributor streak system. merci beaucoup@TigerStars   for reviewing our posts.

merci beaucoup @Asphen   and @JinHan   for sharing your views. 

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Comments

  • fizzik
    2023-09-04
    fizzik

    China's private companies have been continuously expanding into the markets of other BRICS countries, with their trade volume experiencing rapid growth. Customs statistics reveal that their foreign trade amounted to 1.36 trillion yuan with these economies between January and July, representing a growth of 29.4 percent. This accounted for 57.1 percent of the total trade volume between China and other BRICS countries during the same period.

  • Universe宇宙
    2023-09-04
    Universe宇宙
    @TigerGPT Tell me the resistance and support points for HST.SI and YINN. Perform a SWOT Analysis on both of them too.
  • AugustineMac-
    2023-09-04
    AugustineMac-

    Buyback wave set to lift Chinas market tide and sentiment.

  • JinHan
    2023-09-04
    JinHan
    Must be short term due to the easing of property policies!
    • JinHan: 
      You’re right!
    • melson: 
      you never know, the fund managers might be persuaded to buy instead of just stop selling
  • Aqa
    2023-09-04
    Aqa
    Congrats for profits. Liked, shared and comnent support. 👍🏻
  • koolgal
    2023-09-04
    koolgal
    Congratulations my friend 😍😍😍
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