Trend Signal Now: All Our China Trades Just Doubled

Monday, December 9, 2024

The Trump landslide victory wasn't a bad thing for China after all.

Hate to say I told you so. But I did tell you, many times.

All the China Indexes and ETFs are up double digits this morning on more news that the republican sweep was NOT bad for Chinese stocks.

Imagine not owning China because of something called "tariffs"? That must be a terrible way to go through your investing life. There are people out there who actually live this way, believe it or not.

I just had to pass this note along from Steve this morning because I think it really helps explain why Breakout Multiplier is the best way to take all the research done at All Star Charts and turn them into trades that can be easily executed.

All those China trades I told you we were putting on two weeks ago have all at least doubled.

Get access all the Breakout Multiplier trades here RISK FREE.

Editor's Note: As part of your Breakout Multiplier Membership, you'll receive regular updates on open positions and new trades as well as fresh analysis.

Note that all trade ideas can be found on RANGEFINDER and in the Breakout Multiplier Archive.

Over the past two weeks, we put four new positions on Chinese stocks or indexes. If this felt aggressive, it's because it was.

We really wanted to lean into the long China theme following two months of corrective action. We think a new uptrend is shaping up due to the historic momentum thrusts from September.

With news of more stimulus overnight, Chinese stocks are ripping, and some of our calls are doubling in value this morning. Let's review them:

We paid $0.63 for the $FXI 2/21 $33 calls; now they are worth around $1.80 trading at-the-money.
$TAL 2/21 $13: We paid $0.35; they hit $0.60 this morning. We're right there, so be ready.
We bought the $JD 1/17 $40 calls for $1.50; now they are at $3.25 and about a dollar in-the-money.
$TME 3/21 $15 calls: We purchased them for $0.45; currently at $0.90.

This is the ideal time to take half off the table on a double and secure our positions. This technique lowers your cost basis to zero, so you have no chance of losing money on the trades, even if they move against us from here.

Now we can enjoy a "free ride" on the remaining calls with up to three and a half months for them to keep working.

Steve Strazza

JC Here.

This note above is a sample of what members of Breakout Multiplier receive throughout the week.

Membership includes complete access to every trade, best entry and targets. You will also receive updates like this one above whenever changes are being made to the portfolio.

Also, once per week, Steve gets together in a LIVE strategy session to discuss ongoing trades, new trades, potential trades on the radar, and answer any questions you may have about the market, the system, or a trade in the portfolio.

This is the most successful system we have ever launched, and quite frankly that I have ever seen in my life.

Get access to all the Breakout Multiplier trades here RISK FREE.

I'll see you in there!

- JC

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