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!
הערה:
Yesterday, the ratio increased by 5.6% with both stocks fell.
הערה:
Gap up with another 3% jump...if the yellow zone can be penetrated, more room is ahead
הערה:
soared by 13% plus yesterday ..
הערה:
Another 9%+ today as of now. It's coming closer to my target of 1.5
הערה:
Bidu tumbled again after the massive sell from a hedge fund which has been forced to liquidate its positions.
העסקה בוטלה באופן ידני:
As the massive sell seems to be over, we can close the position
plan your trade and trade your plan
