bullish
Country Garden, China Resource Land, Alibaba, and HSBC
SUMMARY
- Wish had more conviction for writing this update. The framework for determining if the bounce is durable or if a trend reversal has occurred is not working or is not clear.
- Stocks that could see tailwinds and drivers for a sustained rally do not have the Volume to confirm the trend change.
- At the same time, stocks with massive headwinds and structural issues have high Volumes.
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