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Riding on the EV trend Read this news article here www.scmp.com We can see from chart that the weekly bullish trend is still intact with the recent tug of war ending with the bulls charging forward. I will wait for a few days to let the bullish trend be more concrete before deciding to go LONG on this stock. On the day chart, 70.52 has been met with several times resistance so a pull back looks possible this week. Perhaps, let the price goes above 72 may be provide more assurance of its bullish direction. Please DYODD.
SZSE:300014Long
by dchua1969
GREE- BuyGREE stock price has tanked due to the impact from COVID over the last 3 years. It's a perfect time to build a position in your portfolio if you haven't already own this wonderful company. EPS forecast 2022 - 4.63 2023 - 5.08 2024 - 5.57 Dividend Payout in 2021 = RMB 3 per share. At RMB 30 price per share, that's a 10% dividend yield. Current valuations are at very attractive levels at around 8 times its earning. As china reopens from the ending the covid restrictions, I expect GREE to recover smoothly and continue its solid track record. When the bull market returns I expect the price of Gree to be at 10 to 12 times its earnings. Stock is currently consolidating at these price levels, I do not see it going lower than its current price due to such an attractive valuation.
SZSE:000651Long
by Joeyismoney