Jafron Biomedical: 300529Fundamentals:
Company website: www.jafron.com
About: Jafron Biomedical company researches and produces hemoperfusion-related products, which helps to reduced blood pressure in patients. Jafron is number one among its peers in its industry within mainland China.
This company has a strong and stable balance sheet and it is making money. It is set to continue to grow well into 2021.
Technicals:
Volume accumulations within a chart base pattern
Breakout
What I will do:
Buy and hold until next earnings season and guidance from upper management
601012:SSE - LONGI GREEN ENERGY - Recovery after pullbackPointed out to me by @Rolandofgilead this is a great example of the stock pattern that I like to trade. Photovoltaic space (light into electricity) which I think is pretty hot right now and will be for years. Nice long run with 15% or less volatility, with a pullback followed by a steady recovery. RSI is crossing up through 55, volume looks good, and a buy signal on the SuperTrail. What I will do is place a stop buy order a little bit above where it closed on Friday to enter the trade if it heads up - so buying into strength. Might be worth a look if you can trade HK / Chinese stocks.
Zhejiang Meida: China's Electronic&Household Appliances IndustryFundamental:
The mainland Chinese government had a key meeting this month which included a new 5 year plan. Overall, it is expected that their economy will be the number 1 economy with the largest high-income society in the next decade. It seems that in this regard, China will become the worlds money dumb with low-quality persists, yet a place where money grows; a place where no investor will actually live, yet a place where people come for a medium to long-term "plug-in and pull-out" method to extract money from for retirement and to live a more comfortable and luxury life outside of the mainland of China, and to maintain and perpetuate a quality standard of living in Western countries. However, in the mainland of China, the average citizen will continue to live in squalor and unpleasant conditions when juxtaposed to American middle-class living standards.
However, in this 5 year plan, Beijing plans to eradicate extreme poverty and focus on environmental protection. China is still an export-dependent economy; and, currently, investment and exports drive economic growth. China wants its economy to be a high-quality growth model, where consumption drives economic growth. However, it could also be that consumption drives economic growth without high-quality of life; that is squalor living where people consume a lot of stuff that "Western people" use. It will not be a high-quality society, but a high-consumption society where people, in general, continue to be uneducated and have bad manners. Less than 10% of the population has a college education. And even if they are educated, most people do not realize that all humans are children of Africa and most are unconscious about the concept of cultural-diversity within their own borders, let alone the world. So, another number one country with a general population that cannot embrace and cannot actualize who they are that will perpetuate the status quo.
Speaking of consumption, Zhejiang Meida Industrial Co., Ltd. is set to be a leader the consumption of China in the electronics and household appliances industry. This company produces and sales integrated kitchen appliances, such as stoves and sink items. With a stable balance sheet this company also pays a 2.90% dividend.
Technical:
Breakout with volume
above 20 sma
Macd divergence
MACD cross above signal line
DaShenLin Pharma: Retail Chain of Med, Trad. Chin., Equip., etcLooking back at a snapshop of DaShenLin Pharma's balance sheet, this company seems to have carved a niche market in regular medicine, traditional Chinese medicine products, medical equipment, personal care and household items.
Their products are flying off the shelves as it positioned itself as a retailer, wholesaler and manufacturer. It is a leader and rated as one of the top 100 listed value companies mainland China. The link for information about the company is here: www.dslyy.com
This company is unique in that it emphasizes its social responsibility in the environment.
Price performance: YTD approx. 92% as of October 26, 2020.
Lens Technology: A Winner In Touch Screen Production in ChinaFundamentals:
This company produces touch screen and finger reading technology in China and it is a clear growth stock for the new economy. Its industry is ripe for growth, being a producer of electronic parts in mainland China. China's growth is set to outpace the world in 2021. This company has a qualified return on equity and cash on hand.
Technically: Its up volume versus down volume ratio is above my, personal, minimum requirement (good).
Price performance: The stock has gain 147.61% ytd as of October 26, 2020 (Beijing time @ 2:39pm).
This is a stable company that I can look forward to for future growth given its fundamentals, technicals and price performance.
Best of both world I think the Chinese Government is very smart. They know that to get the international flight to be fully operational is not what they can control internally. Instead, they focus on their own domestic flight market.
A beneficiary is the duty free shops in China. Read this news here
Isn't the government encouraging the people to buy more, spend more to improve the revenue ? Run through the list and you will see there are many products that the locals would like to buy and better still at a discount, items like supplements , electronic products, liquor ,etc
While this is a travel-related shop, it also falls under the retail category as well. Imagine you have the income to spend but are unable to travel internationally due to Covid-19, then this duty free shop can bring partial of these popular items including luxury brands like Prada to the people.
Huge volume confirms the start of a market cycleMarket moves in cycles, when a trend reverses course it needs time and often has some obvious signs.
In this case we are seeing a long term down trendline broken, Ascending Triangle breakout, Potential Rounding Bottom.
Despite horrible fundamentals, vaccine coming in a month or two will definitely be a strong catalyst for airline companies.
Volume is important, when huge volume kicks in on breakouts, I'd increase my position size and hold it until it stops trending.
###NOT FINANCIAL ADVICE###