10.25 am : A check on her, at 2.40 now. It dived to 2.03 yesterday after lunch, shot back to 2.30 level when HSI recovered. This is a cool more than 10% bounds in less than a day!! This is HKSE, not KLSE. Very liquid and violent.
Qinfa : Closed at 2.35, touched a new low yesterday at 2.03. So, the volatility is very high. How to catch such a knife? Take a look at the chart. Do you understand the MA drawn? PE single-digit. I am interested, are we supposed to buy 'cheap' stocks? China is dealing with 'coal'. Yup, energy ... if recession or ecomonic slow-down, consumptions will be reduces. Or is it? Winter is around the corner ... hmm ...
TEH