Certain kinds of crashes can lead to oversold setups, like the one we're seeing in a major market right now. Today, it means a 16% rally is possible once prices begin to reverse. And that reversal has already begun.
South-korea
Chris-igou
Korea-fund
Ball-park
Hillshire-farm
New Wall Street Daily
Dear
China shut down a multibillion-dollar industry nearly overnight last week…
The news came without warning. And the top stocks in the space fell more than 70% on the announcement… wiping out billions of dollars in market cap in a single trading session.
Beijing announced it was forcing the entire private-tutoring industry to operate as non-profit organizations. This was a complete shock to just about everyone… And it was a huge shock to me since our team recommended one of the top players in the industry back in 2019.
Our readers didn’t suffer a 70%-plus loss, though. Instead, we sent out a sell alert months before the news came out, allowing readers to sell for a profit.
China
Beijing
Kelly-brown
Chris-igou
Education-technology
Stansberry-research
Taking-profits-instead
Wall-street-daily-reader
New-oriental-education
True-wealth
Managing-director
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