ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Jacob Snyder who wrote (34121)	9/1/2021 10:46:25 AM
From: Jacob Snyder	Read Replies (3) of 97558

MCHI China July-August double bottom at same level as early-2020 high. Weekly RSI touched 30. The bad news continues, but the stocks have stopped going down. The question is, will China stocks take another big step down, or is this consolidation at a durable bottom? I am considering starting a position at 66, while holding back enough cash to double up if the stocks drop another 20%. schrts.co

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