Chinese ADRs
- Thread starter PennyTrader
- Start date
Ni Hao!
Happy New Year!
Happy New Year!
Thank you, SVA weekly charts look great. Right off the major MA suports.
made some quick flips on CSUN this morning. Not sure if I should post my quick intraday trades on entry and exit suggestions
If you want any extry/exit suggestions, give me a timeframe you want to see, I can post for any stocks. My trading decisions are based on support/resistence (volume change, MAs, and market profile.)
made some quick flips on CSUN this morning. Not sure if I should post my quick intraday trades on entry and exit suggestions
If you want any extry/exit suggestions, give me a timeframe you want to see, I can post for any stocks. My trading decisions are based on support/resistence (volume change, MAs, and market profile.)
The 1st page listed all Chinese stocks from $400 to $1 I've been tracking, it has about 160 stocks. I have 50 or more additional on my watch list but they're trading below $1, I don't think ET allows to post/discuss any stocks under $1, I got troubles on ET before when I mentioned stocks trading under $1, so I respect their policy, I don't want to get another unpleasant PM from moderators.
PennyTrader,
Nice thread. I got interested in Chinese stocks about six months ago when I started watching how TSL responded to my system. Traded TSL and CHDX heavily until Nov. 30 when I had to quit them for the 31day/wash sale tax rule. Looking forward to getting back to them in '08.
I monitor 8, ACH BIDU PTR YZC FXI SHI CHDX TSL, and have traded 5 of them.
Thanks for sharing your big list and all your research. I entertain the thought of going to Chinese stocks solely. Don't know if I could do it though because when GS or FSLR, RIMM, etc. start moving, they go nicely.
FYI, today (12-31 at about 3:40pm est) SOLF (this is a new one for me) gave a short sell signal on my system on the 60 min. chart at 32.75. Should be good for 2 points. Also, TSL (12-31 close @ 53.80) shorts on my 15 min chart at 53.76 and if Wed. is a down hard day for TSL, don't let it go too quick because it will short on my 60 min at about 52 and those signals are almost always good for 3 - 10 pts.
I ran through an average volume check (last 22 days) of all the stocks on your watch list that were above $10. 10 were less than 300k. I need to check them now for movement (rock 'n roll) in relation to the Y-axis price scale.
Count me in as a reader and participant in this thread.
Nice thread. I got interested in Chinese stocks about six months ago when I started watching how TSL responded to my system. Traded TSL and CHDX heavily until Nov. 30 when I had to quit them for the 31day/wash sale tax rule. Looking forward to getting back to them in '08.
I monitor 8, ACH BIDU PTR YZC FXI SHI CHDX TSL, and have traded 5 of them.
Thanks for sharing your big list and all your research. I entertain the thought of going to Chinese stocks solely. Don't know if I could do it though because when GS or FSLR, RIMM, etc. start moving, they go nicely.
FYI, today (12-31 at about 3:40pm est) SOLF (this is a new one for me) gave a short sell signal on my system on the 60 min. chart at 32.75. Should be good for 2 points. Also, TSL (12-31 close @ 53.80) shorts on my 15 min chart at 53.76 and if Wed. is a down hard day for TSL, don't let it go too quick because it will short on my 60 min at about 52 and those signals are almost always good for 3 - 10 pts.
I ran through an average volume check (last 22 days) of all the stocks on your watch list that were above $10. 10 were less than 300k. I need to check them now for movement (rock 'n roll) in relation to the Y-axis price scale.
Count me in as a reader and participant in this thread.
Good to see you back hope all is well with the family. Your one of the best plain and simple hope 07 was a prosperous year and much success in 08