ZTO is on a clear uptrend and showing strong support at the 100 EMA, so we will be waiting for the price to bounce off the 100 EMA again before buying
The reason i am looking at a stock from china, is because of the big drop we have seen in the us stock market and it is difficult to predict when and where the market will find support and rally back up
Because of that it is dangerous to start buying stocks from the US if you are swing trading like me
Hence i am looking at the chinese stock market for potential stocks to buy
The reason i am looking at a stock from china, is because of the big drop we have seen in the us stock market and it is difficult to predict when and where the market will find support and rally back up
Because of that it is dangerous to start buying stocks from the US if you are swing trading like me
Hence i am looking at the chinese stock market for potential stocks to buy