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

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ajtj99
To: Jacob Snyder who wrote (38736)11/2/2021 3:39:48 PM
From: Jacob Snyder1 Recommendation  Read Replies (1) of 97526
 
China internet: KWEB chart is starting to look bullish. I have nibbled a bit, but now I will start taking bigger bites. KWEB has gone sideways since late July. This is in spite of the fact that the bad news has been unrelenting. CommonProsperity concerns continue, but are being quantified. China GDP slowdown in 2022 is the consensus. When stocks stop going down on bad news, it is time to buy.

Buy prices:
KWEB $45
BABA $160
TCEHY $57

Caveat: I am not all in at those prices. I will begin buying there, and add in increments over time, and/or at lower prices.
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