This has been a bullish week for China
It is very very clear that the US market has underestimated the Ai capabilities of China but this is something we have been banging the table about for the last 2 years.
$BIDU is already streets ahead with their Robotaxi capabilities and this is simply not acknowledged by retail investors in the US
The HSI also continues to be in an extremely bullish set up after holding support on the the 0.618 Fib and 200 Day MA....and has also broken out to the upside of this descending wedge and now above the 50 Day MA.
I believe the price action is moving up to the blue line at 22,000 again, flipping this level to support and Wave 3 is confirmed.
My bullish sentiment towards China has never changed and I hope I was able to guide you through the mountain of bearish sentiment towards China you see online.
Labo
2025-01-29 06:09:44 +0000 UTCNavid Choudhury
2025-01-28 17:51:54 +0000 UTCJimmy J.
2025-01-28 15:20:48 +0000 UTC