$KraneShares CSI China Internet ETF(KWEB)$

$Alibaba(BABA)$ $Futu Holdings Limited(FUTU)$

As mentioned on my video, the rebound seems likely to happen today base on how China Market is moving currently.

Based on volume analysis, you can tell an above average to ultra high volume day on Friday sell off. Yet all 3 stocks futu, kweb and baba bouncing off key support levels. With a significant wick at the bottom of the spread and futu even closing with green doji candle. This are all signs of buyers stepping in at the key support I mentioned and is a good signal to go long. If you have been following my videos you would have known of this even before Friday and would have been prepared to set up for a swing trade.

This incoming short term upward trend may not be a full on trend reversal, but if it breaks above key resistance that I mentioned in my videos it could jolly well be. Ultimately, to be long now on this 3 stocks is definitely a better play than short as the swing will be coming as soon as tonight.

If you still have not watched my video to know what I am talking about, do watch it as I have done technical analysis on all 3 stocks. I have linked the video below for you. Do take some time to watch it to understand better what I mean and I believe it will help you not only for today but also in the future.

Take note of the key support and resistance levels I mentioned to know where the swing may end or whether it will turn out to be a full on reversal of trend so you don't exit your position too early or even too late!

As always, trade safe & invest wise!

Market Rallying from here? 2021 Santa Rally? SPY QQQ DIA META AAPL TSLA FUTU PLTR BABA NIO Analysis - YouTube