New Oriental Education (EDU)
Chinese internet has been on an absolute tear lately.
We’ve looked at multiple Chinese Internet stocks here over the last few weeks, all of which are going strong.
Now we’re back with another sector opportunity; New Oriental Education (EDU).
China is showing strength right now.
Internet is showing incredible strength with everyone being remote.
And New Oriental Education (EDU) is showing great positive momentum and a ton of relative strength.
We like EDU if (and only if) it’s at $144.
Above $144 we are LONG until the next extension target at $200.
Til next time, good trading,
2020 election surprise: You don’t see this coming…
As an angel investor, he’s profited on 93% of his investments in small tech startups. I’m talking about companies building our future technologies like self-driving cars, AI, and robotics.
And in three of the last four years, he’s correctly predicted the top tech stock on the Nasdaq.