News Failure and Favorable Winds for Chinese Stocks
Fundamentals & Sentiment
CN50A:
- PBOC has officially ramped up support for the stock market, relending facility launched
- Couldn't hold lower after bad Industrial profits release
USD:
- De-escalation sentiment after the attack on Iran
Technical & Other
Buy Limit
CN50A:
- PBOC has officially ramped up support for the stock market, relending facility launched
- Couldn't hold lower after bad Industrial profits release
USD:
- De-escalation sentiment after the attack on Iran
Technical & Other
- Setup: S(RTF)
- Setup timeframe: 4h
- Trigger: 1h
- Medium-term: Sideways
- Long-term: Up
- Min target: Local high
- Stop loss: 0.9%
- Position size: 0.5 of the normal Risk Unit
Buy Limit
Trade closed manually
breakeven; price didn't hold above DMA(10)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.