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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (75772)1/13/2023 11:00:06 AM
From: Jacob Snyder6 Recommendations

Recommended By
Clam digger
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Lee Lichterman III
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The Ox

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  Read Replies (1) | Respond to of 99119
 
KWEB continues its breakout. schrts.co

It has taken out previous highs, back to February 2022.

RSI on weekly chart was stuck below 50 for almost 2 years. Now at 64.

The Chinese government is taking “golden shares” in their leading tech companies (TCEHY, BABA, others). This guarantees alignment of corporate and government policy. Jack Ma has been leashed, and will be a good dog now.

I am still holding everything I bought during the entire 2022 decline. No sign yet, the breakout is stalling.