Long
TRADE PLAN FOR OCEAN
Hello traders, an opportunity to buy some bags of ocean, lots of FUD regards China Evergrande which has officially fallen into default. Bankruptcy procedures are going ahead.
This is the largest real estate default in years and a company with over $300 Billion in assets has just gone under. The wild ride in the Chinese real estate market has begun.
But we follow the chart regardless of the news. You can see from the chart the market corrected to 66, 77 fib zones which is a good zone to buy OCEAN and also our cost averaging orders.
Tradehubng.
This is the largest real estate default in years and a company with over $300 Billion in assets has just gone under. The wild ride in the Chinese real estate market has begun.
But we follow the chart regardless of the news. You can see from the chart the market corrected to 66, 77 fib zones which is a good zone to buy OCEAN and also our cost averaging orders.
Tradehubng.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.