China tech stocks are now in a short-term BULLISH UPTREND.

China tech stocks have reversed into a short-term uptrend... higher highs and higher lows in price action...20EMA crossed above the 40EMA.

Government stimulus, better-than-expected economic data, and the regulatory pullback have likely marked the bottom of China stocks, especially China tech.

While the US is going through monetary tightening (raising rates), China is going through monetary loosening (cutting rates, stimulating the economy) so I am not surprised if China stocks actually outperform US stocks this year.

HANG SENG ETF

ALIBABA

Of course, when the 50MA crosses back above the 150MA (both Moving average sloping up) and the price crossing back above 200MA (200MA slopes up) will mark a change in the medium and long-term trend to up as well.

For now, the short-term uptrend paints at least a bullish view.

$HSI(HSI)$ | $Alibaba(BABA)$

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💰 Stocks to watch today?(24 May)

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Comments

honting
2022-06-19
honting
Tiger is here
LuckyLee
2022-06-19
LuckyLee
Tiger is here
ed62
2022-06-17
ed62
tiger is here
jas68
2022-06-17
jas68
tiger is here
susanl
2022-06-17
susanl
Tiger is here
Lely84
2022-06-24
Lely84
Tiger is here

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You can leave a message \"Tiger is here\" in the comments section of the post &amp; win 88 Tiger Coins</p><p><a href=\"https://ttm.financial/TW/9054332182\" target=\"_blank\">Click here to view more details</a></p><p><img src=\"https://community-static.tradeup.com/news/263feadb611721d590929408bee25966\" tg-width=\"-1\" tg-height=\"-1\"></p></body></html>","htmlText":"<html><head></head><body><p>China tech stocks have reversed into a short-term uptrend... higher highs and higher lows in price action...<b>20EMA crossed above the 40EMA.</b></p><p>Government stimulus, better-than-expected economic data, and the regulatory pullback have likely marked the bottom of China stocks, especially China tech.</p><p>While the US is going through monetary tightening (raising rates), China is going through monetary loosening (cutting rates, stimulating the economy) so I am not surprised if China stocks actually outperform US stocks this year.</p><p class=\"t-img-caption\"><img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/ac1ec64cd191be66aa46af43c9b80b4d\" tg-width=\"632\" tg-height=\"385\"><span>HANG SENG ETF</span></p><p class=\"t-img-caption\"><img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/73813bf3101341ca7330c3141c148054\" tg-width=\"632\" tg-height=\"385\"><span>ALIBABA</span></p><p>Of course, when the<b> 50MA crosses back above the 150MA </b><i>(both Moving average sloping up)</i> and the price crossing back above 200MA (200MA slopes up) will mark a change in the medium and long-term trend to up as well.</p><p>For now, the short-term uptrend paints at least a bullish view.</p><p><a target=\"_blank\" href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$</a>&nbsp;|&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>&nbsp;</p><p></p><hr><p>Congratulations, you have found a Tiger. You can leave a message \"Tiger is here\" in the comments section of the post &amp; win 88 Tiger Coins</p><p><a href=\"https://ttm.financial/TW/9054332182\" target=\"_blank\">Click here to view more details</a></p><p><img src=\"https://community-static.tradeup.com/news/263feadb611721d590929408bee25966\" tg-width=\"-1\" tg-height=\"-1\"></p></body></html>","text":"China tech stocks have reversed into a short-term uptrend... higher highs and higher lows in price action...20EMA crossed above the 40EMA. Government stimulus, better-than-expected economic data, and the regulatory pullback have likely marked the bottom of China stocks, especially China tech. While the US is going through monetary tightening (raising rates), China is going through monetary loosening (cutting rates, stimulating the economy) so I am not surprised if China stocks actually outperform US stocks this year. HANG SENG ETF ALIBABA Of course, when the 50MA crosses back above the 150MA (both Moving average sloping up) and the price crossing back above 200MA (200MA slopes up) will mark a change in the medium and long-term trend to up as well. For now, the short-term uptrend paints at least a bullish view. $HSI(HSI)$ | $Alibaba(BABA)$ Congratulations, you have found a Tiger. 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