$CQQQ - RC -
Added 2023-05-23 09:18:45 +0000 UTCThe Chinese Tech ETF is set up very similar to Bidu and Baba, almost a combination of both. Needs to hold support around this Wave 2 zone and can go further to the upside, since hitting a low in Nov.
The US $QQQ is certainly further along so Chinese stocks are certainly looking like the better value right now.
I think a stimulus package from the Chinese govt in terms of QE would help kickstart the Chinese economy post Covid.
