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+--- Thread: Chinese Tech ADR up sharply on news govt will start economic stimulus... (/Thread-Chinese-Tech-ADR-up-sharply-on-news-govt-will-start-economic-stimulus)
Chinese Tech ADR up sharply on news govt will start economic stimulus... - sgbuffett - 25-07-2023
Expect a share squeeze up as short sellers build up massive positions last 4 days will see hell
According to CNBC, China's National Development and Reform Commission (NDRC) released a 17-point statement on Monday which included pledges to support private investment in transportation, clean energy, new infrastructure, advanced manufacturing and real estate. The latest announcement followed a series of recent measures aimed at stimulating the struggling Chinese economy.
https://www.benzinga.com/news/23/07/33350632/bilibili-baidu-kweb-jd-com-are-flying-high-whats-going-on-with-these-chinese-stocks
RE: Chinese Tech ADR up sharply on news govt will start economic stimulus... - sgbuffett - 25-07-2023
Massive surge as short squeeze taking place with many shorts elders using 5x 7x derivatives
![[Image: 2GdO1oW.jpg]](https://i.imgur.com/2GdO1oW.jpg)
RE: Chinese Tech ADR up sharply on news govt will start economic stimulus... - Zannn - 25-07-2023
(25-07-2023, 02:12 PM)sgbuffett Wrote: Massive surge as short squeeze taking place with many shorts elders using 5x 7x derivatives
U have been posting short Hsi aggressively recently, u are also been short squeezed. Hope the best for u
RE: Chinese Tech ADR up sharply on news govt will start economic stimulus... - victortan - 26-07-2023
U said hang seng RSI overbought, now hope u are OK with your short.
RE: Chinese Tech ADR up sharply on news govt will start economic stimulus... - sgbuffett - 26-07-2023
(25-07-2023, 10:08 PM)Zannn Wrote: U have been posting short Hsi aggressively recently, u are also been short squeezed. Hope the best for u
I posted to short before the sharp drop last week to make from the fall. I did not say short forever. Market moves up and down and top traders take advantage of the up and down movements.