Technical analysis on the YINN, it is a Chinese bullish 3X leveraged ETF with the largest holdings including Tencent and Alibaba. I am a huge fan of Chinese tech stocks, the Chinese market is massive and constantly growing as Chinese regulations becomes more lose (which if they want to compete with the United States it will) then Chinese stocks will start reaching their appropriate stock prices. My estimate in the Yinn hits 9 a share by mid May.
Feragatname
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