As shown in the 4 charts. Almost all Chinese-related stocks/indexes/funds are tracing what SSE is doing at this moment. However, in this area, I am not too sure if SSE would fall or breakout from the resistance levels. So my suggestion is to keep an eye on the Shanghai Stock Exchange, and that would be a great indicator for traders who are interested on trading US-listed Chinese stocks.
Besides that, I think Baidu, the Chinese Google, is really undervalued at this moment. I am looking to long the ticker, but be careful with SSE.
Besides that, I think Baidu, the Chinese Google, is really undervalued at this moment. I am looking to long the ticker, but be careful with SSE.
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