@LarryCheungCFA Chinese stocks are nothing more than gambling. I don’t understand why keep preaching about Chinese super risky bets while there are thousands of others opportunities in the US market that are more predictable
@LarryCheungCFA Those are not recoveries. Those are technical bounces or dead cat bounces. No trade goes down or up in a straight line. So an inverse reaction after so much downside is normal. However a recovery is a different thing. A recovery stays and it’s sustained.
@LarryCheungCFA You should definitely be careful in putting out tweets that imply specific prices because you never know who can be on the other side trusting what you said and getting wrecked in the process. Even if you put “in my opinion”. Don’t be like the rest who do the same
@rekt__city You complicate it too much man. It’s very Simple. We’re gonna top out at $31,445 as a double top and from there we gotta watch it for either a double top or a falling wedge that will
Give us a cup and handle. It’s that simple.
@JeffreyKleintop American media’ stories is the only side we have access to. It can be manipulated. We don’t have the other side. So don’t trust everything you read just because it is a “reputable” channel.
@LarryCheungCFA Hopefully when the market reaches over bought RSI and it comes down to a 618 area you’re not going to say I told you, so because that is a normal price action of every market
@LarryCheungCFA RSI is approaching overbought and of course is gonna have to come down but it doesn’t have to crash like you want it to be. Why don’t we be more objective and let the market dictate that direction instead of being so obsessed with bearishness all the Time
@LarryCheungCFA I just don’t understand what is the obsession with wanting the markets to crash. Markets are unpredictable and irrational, and didn’t always follow macros even though history suggest that.