In the end of August of 2014, Tesla completed the formation of a cup with a short handle, and within a few trading sessions, catalysts such as the China Unicom charger deal and Stifel's upgrade of TSLA with a price target of $400 caused the stock to break out and confirm the pattern. A similar cup and short handle has formed today ahead of the Model X reveal. TSLA...
Many are asking if the sell-off in Chinese stocks has stopped after the last two weeks' beatings.
It looks like they are for now, or with moderate downside in the next 5-10 trading days.
Looking at SOHU, it lost nearly 30% of its value in two weeks. Looking at the long term chart,
SOHU can lose about 17% from its current price to reach the bottom of a...
For the big picture of gold, look at the monthly time frame. What is the story that the monthly chart is telling us? It is showing us that Gold has FAILED to make a new low after bottoming back in November at 109.67: December, January, February, March, April all failed to push new price lows and that is a sign that the sellers are not only extremely patient,...
China Bubble with Symmetrical Trending Moves
It's obvious we are looking at a equity bubble in China. I'm not worried where this goes, I'm more interested in where this ends. I want to be on the put side of this ETF. I have most likely missed 2/3 of this price move. Volatility and price velocity will be much greater on the downside, and more money can be...
A really like technicals+volume+price in this small cap; yet price action is a little choppy. 200DMA crossover gave me a buy signal + channel has been broken. I also like chinese economy.
This chart supplements our previous analysis entitled "BITA: Climax Run in the Making"
For detailed analysis and commentary, please see our original blog post published 8/15/14: www.syncubate.com
This updated chart shows in clearer terms the nature of the climax run in formation.
Notice how the upside spread between the low and high this past week was $18, the...
For detailed analysis, check out our blog post published 8/15/14 and add your comments: www.syncubate.com
BITA has been experiencing a strong move higher along with other Chinese internet stocks recently.
The stock is up 85% since the beginning of June, but can it continue its rise, or will the party soon be coming to an end?
After the big pop in asset-prices in 2007, the Hang Seng Index seems to having broke out of its years long consolidation pattern (ABC-Structure) this month, and now is to continue its decades-long bull market. Very strong fundamentals such as a low P/E-Ratio and a good GDP-Growth support the trend. China has a very good chance to lead the emerging markets performance-wise.
When you look at ALTERNATIVES to the S&P500 for the last 10-years, these were two of them. Look at how well they have done.
Haven't you heard enough trash-talking about China and Gold? Isn't it amazing that we forget how well these markets have performed RELATIVE TO the S&P500?
The S&P500 is up 80% in 10 years (excluding dividends of roughly 2% on average). ...
BREAKING OUT ADVERSE TO MARKET AND WORLD EVENTS
This stock is above any resistance points and if continues above indicators on high side it will continually break highs on a daily basis. They are a Monaco based company that is very strong fundamentally and even spun off a LP for dividends under symbol GLOP.
This is a fundamentally and technically solid stock...
My last chart also anticipated a pre-dump rally, but expected it to max out at the channel boundary around $430. But the constant pushes from Chinese exchanges have resulted in a slow, determined penetration of that channel top, and now has the 4H ichi cloud in its sights. That, combined with the very large asks on BTC-e had me believing we'd easily be dropping...
UPDATE: see additional charts below in the comments. also, we finally had a little pullback that momentarily breached the upward trendline, but the horizontal support of 457 held and bounced.
UPDATE 4/19 11AM: **new high target $691** In my rush to get this sketched out yesterday before the rally started (and while most were calling for more bear), I had only...
We finally had a small pullback from 544, but not nearly enough retracement or consolidation to support a continuation of this trend much further. The perfect periodic divisions of these rallies is causing so much anticipation that the bulls keep tripping over each other to be first in line, causing an acceleration of the rally attempts.
When a pattern becomes...
