I am showing below the intraday and daily charts of a stock that could have resulted, in hindsight, of gains of more than 50% in a single day. But it would not have been easy to pull the trigger here mainly because the HK market’s volatility can have huge draw downs. This is the reason [...]

The HK market’s 6 month daily chart shows that the Chinese plan to infuse the market with $568 billion fiscal stimulus package aimed at railways and airports sparked a huge rally (20-50% gains for the stocks related to cement, railways and infrastructure!). On Monday, the market opened at 15,033, made a high of 15,147.96 and [...]