Pair trading strategy: Both are Chinese Tech companies with positive correlation
Ratio has dropped to late 2018 level.
Long BABA
Short BIDU
I'm expecting ratio to go back to 1.5 or even higher!
Ratio has dropped to late 2018 level.
Long BABA
Short BIDU
I'm expecting ratio to go back to 1.5 or even higher!
Nota
Yesterday, the ratio increased by 5.6% with both stocks fell.Nota
Gap up with another 3% jump...if the yellow zone can be penetrated, more room is aheadNota
soared by 13% plus yesterday ..Nota
Another 9%+ today as of now. It's coming closer to my target of 1.5Nota
Bidu tumbled again after the massive sell from a hedge fund which has been forced to liquidate its positions. Dagangan ditutup secara manual
As the massive sell seems to be over, we can close the position
plan your trade and trade your plan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
plan your trade and trade your plan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.