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YSG

Third Time is a Charm: Chinese New Year: Yatsen Retail$YSG has been down only for its existence (i got fleeced badly in the first few post IPO months) fundamentals vs share price are converging toward a point of must-buy China and Chinese ADRs are always known to be massive risk - because many Chinese frauds are in the history book IF this turns out not to be a fraud, Rather it turns out to be the NIO Motors of Retail MakeUp and lifestyle branding THEN this becomes an easy 4 bagger and potentially a 20 bagger in the next few years.
NYSE:YSGLong
by noam_chom
Hillhouse capital may have smelled something in YSG I have just written an article about YSG at my Buymeacoffee blog . So if anyone is interested in the fundamental thesis about YSG, please go there. From a price action stand point, YSG is forming a very young U-shape (well it only got listen for less than 3 months), all the MAs are trending upward and it has recently been stabilising and getting its support at the $23-25 level. I am seeing a well balance risk reward play here by setting the cut loss at $21.7.
NYSE:YSGLong
by Squishybrain
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