$YINN
Added 2024-12-04 13:04:23 +0000 UTCIf you are bullish on China reversing shortly and you have the stomach, then some exposure to $YINN can offer strong returns because it is a 3 X Leveraged China ETF
Like all the ADRs we follow, it too continues to hold at an important level and showing signs of reversign too
Price has held on the 200 Day MA like $BABA and in between the 0.618 - 0.78 Fib
Levels I want to see converted to support to be bullish here:
0.618 Fib at $30.85
and the Blue line at $33.62
Above the blue line especially I believe the risk is reduced greatly and the First and Second Targets are in play.
