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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.
SSE:601888Long
by dchua1969
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###
SSE:600221Long
by JoE
FUYAO Glass Updated Analysis: Looks Extremely Bullish!!Dear Traders, Welcome to my updated analysis of this great asset. The price is going to meet the measured target of my previous post very soon and will potentially give us approximately 40% gains. More gains might be coming! Now, this asset is testing the previous all-time high, 30.22 CNY. And the MACD just crossed bullish and put the first green bin on its histogram after 2-year accumulation. The blue-sky breakout might be imminent. If this happens, the next target I am looking at is the 200% measured move from the previous three rising valleys. Please see the chart! Will keep updating this setup. Stay tuned. Have fun! HakoneDream
SSE:600660Long
by HakoneDream
LONGi is unstoppable, ride one of the best trains in townHi all, I've never posted my analysis about LONGi on this forum. In the silicon ingots/wafers industry there is a king, and this king is LONGi. It is quite clearly a "monopoly" and has been controlling the MONO(pun-intended) capacity and since it becoming the maintream now and for the foreseaable 3 years, There is no signs of any significant competition coming in to challenge its dominance. WIth continued further advancement and expansion of its capacity and continuous growth of the industry, it is clear the direction is up. FInancials post healthy margins, cashflow, and very reasonable PE ratio. Volatility in markets has created an excellent opportunity to trade a wonderful stock. Especially in times where funds are constantly pulling out during policy changes and fund repositioning. These creates perfect buy opportunities. Look to trail profits when a higher high has made of 5.00, It seems that the change in structure is happening in this order of the trend. I found this is a good range of TP
SSE:601012Long
by Joeyismoney