I'm Brandon, a senior stockbroker at a local securities firm and also a professional trainer with Singapore Exchange (SGX) Academy. Holder of Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) with over 10 years experience in the financial industry.
This blog aims to share how private traders can forecast price and trade in line with the market and smart money by applying Wyckoff principles and simple technical analysis techniques.
Tuesday, 2 July 2019
Ping An and Kweichow Moutai Seeing Gains
Ping An (601318) | KweiChow Moutai (600009)
Amid the trade war, smart money are chasing Chinese stocks with strong domestic exposure and supply such as Ping An and Kweichow Moutai.
Both stocks broke record high during yesterday's trading session with price and volume action suggesting smart money inflow.
Technically, we are expecting further upside for both industry leaders.