Is It Time to Start Buying China Stocks?
As for how much the Chinese concept stocks can rebound in the near future, in fact, the rebound space may not be too much when I finish writing the article (lol).
The earliest possible rally order can be traced back to the call spread on May 31:
sell $KWEB 20230721 30.0 CALL$
Bullish to above 26, below 30.
Some people may ask, hey, didn't you say that some people were bearish until September?
I checked, and it looks like the guy closed his position, and I don't know if it's down more than expected, but I think so.
However, according to the latest order, the recent increase may exceed 31
The trader bought 40,000 lots, which is considered a big position
My view on the sustainability of this rebound, generally speaking, the stock rebound will have a sequence, took a look at the bilibili that has not yet started, found that the big order is the sell call, which is more embarrassing:
sell $BILI 20230721 21.0 CALL$
It is clear that the trader is taking a wait-and-see attitude towards this rally
In general, the market was too optimistic about China's recovery and is now too pessimistic. It's called expectation management.
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Let’s see if BABA can break out 89. It seems hard….
Don’t think so they all come to a pressure position I’d sell out if they continue to rise.
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这篇文章不错，转发给大家看看
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Great ariticle, would you like to share it?
Great ariticle, would you like to share it?