Comments on: Education Stocks Trade Setups 12-9-21 https://rightsideofthechart.com/education-stocks-trade-setups-12-9-21/ Stock Trading, Investing & Market Analysis Thu, 16 Mar 2023 01:33:38 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/education-stocks-trade-setups-12-9-21/#comment-22826 Thu, 09 Dec 2021 21:10:59 +0000 https://rightsideofthechart.com/?p=206919#comment-22826 In reply to Flanny3.

Will read that asap. Thx for sharing.

]]> By: rsotc https://rightsideofthechart.com/education-stocks-trade-setups-12-9-21/#comment-22825 Thu, 09 Dec 2021 21:09:58 +0000 https://rightsideofthechart.com/?p=206919#comment-22825 In reply to Araleia.

Agreed, stay away from them if they aren’t your cup of tea. Personally, I’m only looking to date, not marry, those trade ideas. I have little doubt the fundamentals are horrible simply glancing their charts but the potential for an explosive short-covering rally on the way down looks compelling enough for me to take starter positions today & add to them if & only if the charts firm up from here.

]]> By: rsotc https://rightsideofthechart.com/education-stocks-trade-setups-12-9-21/#comment-22824 Thu, 09 Dec 2021 21:05:50 +0000 https://rightsideofthechart.com/?p=206919#comment-22824 In reply to dbaldor.

Funny because COE was the first stock in the education & training services sector that I came across earlier today & was/is one of my top picks. I explained how I missed it & covered the chart at the end of the 2nd video (stock market analysis) today.

]]> By: mSquare https://rightsideofthechart.com/education-stocks-trade-setups-12-9-21/#comment-22818 Thu, 09 Dec 2021 19:50:15 +0000 https://rightsideofthechart.com/?p=206919#comment-22818 In reply to Araleia.

Agree. I would hesitate to buy even the mega cap Chinese stocks like BABA which trade very cheap compared to all their fundamental metrics such as their sales & growth.

China already clamped down most on the Education companies, basically declaring that they are no longer allowed to be ‘for profit’ companies. So, I would look to the Chinese Education companies only if I wanted to short something!

]]> By: Araleia https://rightsideofthechart.com/education-stocks-trade-setups-12-9-21/#comment-22817 Thu, 09 Dec 2021 19:31:36 +0000 https://rightsideofthechart.com/?p=206919#comment-22817 Honestly, I won’t touch those Chinese education stocks. The CCP is banning all those after school tutorial services in China. There’s not much left for those companies to make money. Chinese stock prices are affected by the CCP policies more than anything else. Moreover, those companies might get de-listed any time. Not worth the risk, I think.

]]> By: dbaldor https://rightsideofthechart.com/education-stocks-trade-setups-12-9-21/#comment-22816 Thu, 09 Dec 2021 19:04:13 +0000 https://rightsideofthechart.com/?p=206919#comment-22816 In reply to Flanny3.

that explains that big gap all those companies have

]]> By: dbaldor https://rightsideofthechart.com/education-stocks-trade-setups-12-9-21/#comment-22815 Thu, 09 Dec 2021 18:41:10 +0000 https://rightsideofthechart.com/?p=206919#comment-22815 Hi Randy, what are your thoughts on COE? I think it is part of this sector too and it is up over 20% today.

]]> By: Flanny3 https://rightsideofthechart.com/education-stocks-trade-setups-12-9-21/#comment-22814 Thu, 09 Dec 2021 18:26:11 +0000 https://rightsideofthechart.com/?p=206919#comment-22814 thanks Randy, good read here on that industry’s fallout…https://techcrunch.com/2021/09/22/the-casualties-of-chinas-education-crackdown/

]]>