Chinese stocks still look very weak to me. The situation began to improve and the shares went up from $140 to $180 in a matter of weeks, but now we are at a key downtrend and resistance. Short @ $175-180, TP $140, SL $190.
Trade fermée manuellement:
closed 1/2 of my short position, too many hedge funds are actively buying Chinese stocks, including Alibaba. I think $150 is the bottom.
Trade fermée manuellement:
closed the entire position b4 earnings