Alibaba found support today at the 50-day MA and a key 50% retracement. The solid reaction exhibited in the mid-101 region highlights RSI divergence and a bullish engulfment or outside up-day. The move from the bottom of the range (82.87) to the top (120.00) was roughly 20 trading days. The current pullback has taken half the time and stalled exactly at the...
If it falls below the 50 day moving average and the upward trend line, I think this is a great opportunity. If China annouces stimulus, even more so.
The Bulls are driving the HKD to impressive levels against the JPY. Do not sell into this move. Look to buy into a correction. Momentum is with the trend. Trade the action and wait for a pull back.
BIDU has been giving out surprises with its earnings over the last few quarters and price pullback to a really nice support level that shout at me. It might goes down from here but we can have a tight stop over here! Why I go long: - Strong Weekly bullish trend. - Key support level. - Growth in earnings over the last few quarters. - China market is heading to the moon!!!
Due the well known conflict North-North or the so called "neo" Cold War, the US is taking measures to regain terrain in the intenational field trying to keep the US Dollar pattern. Thus, one of the consecuences is the price´s fall in commoditties, specially thoose strategically important to US in terms of geopolitcs. In that context, oil meassured in Us Dollars...
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.
Looking for the Yuan to strengthen against the dollar with support levels to test in the coming month. However, a close above the 50 percent Fib would cause a reassessment of inflection point.
the last 3 month the daily RSI are in a descend channel, we are in the end of the trend?, or the confirmation of the new downtrend?
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...
Price is still moving higher but momentum is waning. In the short term price may correct but no structural risk exists at this time
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...
Best looking chart out there with bullish divergence, nice bullish candle on friday signifying possible double bottom, watch for this to break out to new high around 61.
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...