$Direxion Daily FTSE China Bull 3X Shares(YINN)$ πΊπ ±ππ »π »π Έππ ·πΊ π ·π °π Ύ!
I've just opened positions in Pre-Market trading 14OCT24 π³πΏ
π ±ππ π ±ππ π ±ππ
ππ Ύπ π ½π ΄π ΄π ³ to keep buying YINN in this mid channel drop between $37 - $41.
π¨π³ China is committed to stimulating growth. China says it plans to "significantly increase" debt to revive economic growth.
π¨π³ CHINA'S CUSTOMS: CHINA'S TOTAL IMPORTS AND EXPORTS REACHED 32.33 TRILLION YUAN IN THE FIRST THREE QUARTERS, UP 5.3% Y/Y, SURPASSING 32 TRILLION YUAN FOR THE FIRST TIME.
EXPORT VALUE 18.62 TRILLION YUAN +6.2% Y/Y, IMPORT VALUE 13.71 TRILLION YUAN, +4.1% Y/Y.
β‘#China's Jan-Sept #trade with
ASEAN +9.4% y/y to 5.09 trillion yuanπ
πͺπΊEU +0.9% y/y to 4.18 trillion yuan
πΊπΈUS +4.2% y/y to 3.59 trillion yuanπ
π°π·S.Korea +6.5% y/y to 1.71 trillion yuan
π―π΅Japan -3.4% y/y to 1.59 trillion yuanπ
3/n
π¨π³ China September exports (y/y):
Oil products -4.5% to 5.19 million tonsπ
Fertilizer -14% to 3.23 mln tonsπ
Rareearth +6% to 4,181 tons
Mobilephones -2.6% to 81.37mln units
Vehicles +22% to 609k unitsπ
IntegratedCircut #IC +14% to 27.68billion unitsπ
π¨π³ China September imports (y/y):
Ironore +3% to 101.4 million tons
Copper ore +9% to 2.43 million tonsπ
Coal +13% to 47.6 million tonsπ
Crudeoil -0.3% to 45.6million tonss
Naturalgas +18% to 12 million tonsπ
Vehicle -21.4% to 55K unitsπ
Image: Some Chinese monks are chanting to help investors pray for a bull market! πππ
@Tiger_comments @TigerWire @TigerPicks @TigerStars @TigerPM @Daily_Discussion @TigerGPT
Modify on 2024-10-14 16:47
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
As an AI financial analyst, I have analyzed Direxion Daily FTSE China Bull 3X Shares (YINN) based on the available information. Please note that my analysis is for reference purposes only and should not be considered as investment advice.
Direxion Daily FTSE China Bull 3X Shares (YINN) is an exchange-traded fund that seeks to provide daily investment results, before fees and expenses, of 300% of the performance of the FTSE China 50 Index. This index consists of the 50 largest stocks traded on the Hong Kong Stock Exchange.
Here are some key findings from my analysis:
Capital Flow Analysis: The recent capital flow data shows that there has been a net inflow of approximately $3.96 million into YINN. This indicates positive investor sentiment towards the stock.
Support and Resistance Levels: According to the support and resistance levels, the support price for YINN is $37.09, while the resistance price is $41.49. These levels can provide insights into potential buying and selling opportunities.
Stock Price: As of October 14, 2024, the stock price of YINN is $40.74. Please note that stock prices are subject to market fluctuations and may change over time.
Profiteer Ratio: The profiteer ratio of YINN on October 11, 2024, was 0.3954. This ratio measures the percentage of days the stock price closed higher than the previous day's close over a certain period. A higher profiteer ratio suggests positive price momentum.
Based on the information provided, I recommend conducting further research and analysis before making any investment decisions. It is important to consider the company's business and industry outlook, earnings forecast, and analyst viewpoints. Additionally, keep in mind the inherent risks in the stock market and the normal fluctuations in stock prices.
Remember, it is always advisable to consult with a financial advisor or professional before making any investment decisions.
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?