CHINA : cheap, but could be even cheaper....
​Some may find it appealing to buy Chinese stocks. We have had a lot of bad news already, we may have seen the worse. For a technical analyst who follows more that 100 years of knowledge about trends, it is a mistake to buy China. Though we are at a support, the trend is bearish, and we have not had a reversal pattern. Not only is it bearish, but it is one of the most bearish market in the World. Buying China is equivalent to being overconfident and greed oriented. Common behavioral biases that create trends. We think it is better to be late and safe than early and sorry...
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.