/biz/ - Business & Finance

I think I see a major opportunity coming up here on Chinese stocks. It definitely depends if the jobs report and #TeslaTaxi just put the nail in the coffin of Chinese hopes again but if China gets some love its coming up soon.

Pic related chart. Its going along the yellow line back to test the trendline. If it won't do this you will know it because more Chinese investors will capitulate and switch to Tesla. (-1% down day or worse)

I chose Baba to profit huge off this potential event. Most Boomers see BABA as the safest easiest China stock to get into. The stock is depressed and easier to profit from.

HOWEVER its a big note that PDD has Temu. This may make PDD a meme stock or more money will come in to PDD than BABA. They are so similar I had a hard time choosing. Maybe buy calls in both.

If you really want to live dangerously could buy NIO.

Anyway my example is BABA April 19th 75call for 50$ each. If BABA hits 100 in two weeks you make 50x your money.
PDD 129call for 50 dollars is also possible to make money its like a 45x at 155.