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Huaqiao Bank's digital app (Alipay+) is very convenient for making payments in China.
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$DiDi Global Inc(DIDIY.US$
Hey Didi, look at Uber, it is the time for you to buy back. $3.9 is pretty good deal, what are you waiting for?
Hey Didi, look at Uber, it is the time for you to buy back. $3.9 is pretty good deal, what are you waiting for?
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$Alibaba(BABA.US$ The Chinese should not touch China Stock Exchange anymore. Xi is here. Furthermore, it is necessary to increase shipments and directly crash by 10%
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$SPDR S&P 500 ETF(SPY.US$
1. This year's high is lower than the 2021 high. If it falls back into a bear market, according to the principle that the low point moves downward, the lowest point will be lower than the previous low of 3,500.
2. Last year's low of 3,500 stopped falling, and the 200-week EMA belongs to the Little Bear Market. However, the 200-week EMA has now risen to 3800-3900. If it hits a new low next year, it is bound to break the 200-week average. Breaking the 200-week average is a big bear market.
Conclusions:
1. The sooner you start falling, the smaller the decline will be. As time went on, the 200 weeks continued to move upward, and it became more and more difficult to hold on. This weekly line is too important. If you can't stick to it, the problem is serious. If 3800 doesn't hold on, there will be no bottom ahead. If we put it off until next year, we'll have to stick to 4,000 points, then it will be even more difficult.
2. There is plenty of room for tech giants to make up for losses. $Tesla(TSLA.US$ It's already taking the lead. Today's pull-up was just an extreme rebound, used to play the band, or even run for life.
Look at qqq, $Invesco QQQ Trust(QQQ.US$ Today's low hits the previous low. This previous low cannot be broken, so the bulls must hold on today. Otherwise, if the NASDAQ reaches a new low, it will enter a bear market, and no tech giant will be able to run away after that.
However, the bulls are still powerful; this doesn't just pull them up. It's just not easy to say how long it will last.
$Apple(AAPL.US$ Price cuts and promotions have also begun in China...
1. This year's high is lower than the 2021 high. If it falls back into a bear market, according to the principle that the low point moves downward, the lowest point will be lower than the previous low of 3,500.
2. Last year's low of 3,500 stopped falling, and the 200-week EMA belongs to the Little Bear Market. However, the 200-week EMA has now risen to 3800-3900. If it hits a new low next year, it is bound to break the 200-week average. Breaking the 200-week average is a big bear market.
Conclusions:
1. The sooner you start falling, the smaller the decline will be. As time went on, the 200 weeks continued to move upward, and it became more and more difficult to hold on. This weekly line is too important. If you can't stick to it, the problem is serious. If 3800 doesn't hold on, there will be no bottom ahead. If we put it off until next year, we'll have to stick to 4,000 points, then it will be even more difficult.
2. There is plenty of room for tech giants to make up for losses. $Tesla(TSLA.US$ It's already taking the lead. Today's pull-up was just an extreme rebound, used to play the band, or even run for life.
Look at qqq, $Invesco QQQ Trust(QQQ.US$ Today's low hits the previous low. This previous low cannot be broken, so the bulls must hold on today. Otherwise, if the NASDAQ reaches a new low, it will enter a bear market, and no tech giant will be able to run away after that.
However, the bulls are still powerful; this doesn't just pull them up. It's just not easy to say how long it will last.
$Apple(AAPL.US$ Price cuts and promotions have also begun in China...
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$PDD Holdings(PDD.US$That's awesome, it can all be pulled up, look at your brother $JD.com(JD.US$It's simply a world apart
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$Alibaba(BABA.US$ $PDD Holdings(PDD.US$ $JD.com(JD.US$ HK kept dumping the stock could mean a few thing. HK alot of inside leak. Either the company is not doing well this earnings or the CEO is arrested. But even so I think its not worth that over reaction. As long JD is still profitable, CEO if really arrested (so far nothing, no charges) also doesn't mean the company will close.
Market tend to overreact just like Futu months ago when reported the company apps can't use in China. Stock plemen...
Market tend to overreact just like Futu months ago when reported the company apps can't use in China. Stock plemen...
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$JD-SW(09618.HK$ maintain pls.. sell call expiring in 30oct
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$DiDi Global Inc(DIDIY.US$
I don't particularly follow this company with a passion and this is a chinese company. So I don't know the particulars of the delivery/transportation industry in that country. But the technical picture for Didi is finally starting to look up.
In the chart below, I have highlighted the long-term double bottom, followed by higher high, then a potential higher low. Aside from the long-term downtrend, so far the technicals are showing a...
I don't particularly follow this company with a passion and this is a chinese company. So I don't know the particulars of the delivery/transportation industry in that country. But the technical picture for Didi is finally starting to look up.
In the chart below, I have highlighted the long-term double bottom, followed by higher high, then a potential higher low. Aside from the long-term downtrend, so far the technicals are showing a...
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