Asia Pacific Stocks

Needs to be at least $500k. 1 million is better.

1 Like

Refer to the multi-year chart of BIDU. Quite confident that the completion of wave (IV).C, there would be a multi-year up-wave rocketing to a new ATH. However, unsure when wave (IV).C would be completed, the two possibilities is about $40 apart, at $170 could have downside of $60. Until picture is clearer, risky to commit too much capital unless as rich as you :slight_smile:

It’s not the lack of capital but fear that is limiting you.

1 Like

why wait around for stocks to go up?
Start your own company. Why trust the incompetence of others? You have no control over stocks, governments, currency and trade issues. Invest in your own start up.

I’m afraid I can’t do that. I like to work no more than an hour a day, maybe even less than that. It’s best if I didn’t have to work at all :rofl: Therefore, wait around for stocks to go up is most suitable for me… :smiling_face_with_three_hearts:

1 Like

Slow to react at $138.

39%20AM

Ten cents earning on Mar 20. I sold 2/3 of holdings at $46+ then GTC buy at $43, didn’t get that low and next day jumped to $45! last Friday $45.96 now suffering seller remorse :sob:

@manch Did you sell your favorite TCEHY to buy BABA?

No. I actually added a little bit of 10c. Need to have both baba and 10c.

1 Like

:rofl:

BABA and IQ look good technically.

BIDU and BABA underperforms. @manch BABA is as suck as BIDU :slight_smile:

12%20AM

U.S. stocks extended declines after President Donald Trump signaled he would keep tariffs on China until it was clear the country was complying with terms of a future trade deal.

The remarks were delivered to reporters at the White House before Trump left for Ohio on Wednesday.

19%20AM

Better now.

After Fed Sees No 2019 Hike, Plans September End to Asset Drawdown.

06%20PM

1 Like

Tencent Q4 disappoints, cloud and payment gain ground

Re-bounced so quickly. Refused to drop to $43. Buy back now or wait patiently?

03%20AM

Investors are very irrational. China and Tesla are the biggest growth stories of the future yet all these stocks are acting as if they are going belly up soon. Great time to buy more and hoard.

2 Likes

Based on chart analysis, other than not sure about BIDU, the other four are about to rock hard. BUY!

Compare to the almost entire green broad market, China stocks are underperforming… IQ and TCEHY are both red.

04%20PM

1 Like

Broad market up, China stocks down.
Broad market down, China stocks down.

35%20AM

Both BABA and TCEHY have golden cross and price above cloud (bull trend). Shouldn’t this mean BTFD? Check back 2 months later to verify that TA is correct. Golden cross is a slow indicator, cloud had indicated a bull trend two months earlier.

As for IQ, not long enough to have 200-day SMA, chart looks bullish.

Almost every China stocks exhibit i-ii now in iii (powerful uptrend). Look at @manch favorite BABA.