Today the president of China, Xi, has been re-elected for his third term as president of the nation. As a result of this news, the China markets took a massive hit today, but with blood in the streets we should be buying.
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I played this for a short term options play, I personally think this is a decent spot to start buying for the long term as well.
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Nice play
Transaction en cours
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Coming into the 200 Day MA right now. Potential reversal.
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