The NetEase share price continued to rise last week. Although there was a slump of around 10% last Thursday, the share price recovered quickly. We primarily expect the magenta-colored wave (b) to continue moving upward. Ideally, we expect the high of this corrective rise to be just below the resistance at $134.44. From there, the price should then sell off...
Happy 2024 dragon year! This is the year of China, when they will most certainly reclaim their world stage position- aka take Taiwan back. I predict that when military action will begin NVIDIA stocks will fall.
China A50 Thoughts i'm tracking Seems a little slow to play out but I'm watching all the same.
Chinese tech titan Jack Ma had been having it rough ever since his criticism of Beijing triggered a backlash on his companies and wealth but a recent development may change the tide. On Friday, China's central bank announced a fine of 7.12 billion yuan, or $985 million, for Ant Group the fintech giant co-founded by Ma that operates the Alipay payments app...
Is Tencent Stock a Buy Now? Tencent posted its third quarter earnings report on Nov. 16. The Chinese tech giant's revenue fell 2% year over year to 140.1 billion yuan ($19.8 billion), which represented its second consecutive quarter of declining revenue since its IPO in 2004. Its net profit rose 1% to 39.9 billion yuan ($5.6 billion). On an adjusted basis, which...
India shined as one of the best performing markets globally in 2023 despite high global inflation, rising interest rates, and unstable geopolitics. The Sensex and Nifty, two widely followed benchmarks for the Indian markets, grew 19.57% and 21.11% respectively in US Dollar (USD) terms1. India’s economy displayed strong local retail demand, moderate inflation,...
bearish move soon in btc btc fal upto 40000-38000 in next 2-3 weeks book ur profits on long and take short side trade heavely china dragon year end pump and dump 48000 strong resistence for btc Open Interest clear show neagative data heavy call writing
I like the Chinese stocks Nio is one of them There is some downside showing still as far as I can tell It is leading to an old support trend, however, I don't know if that is relevant anymore. I like the potential of buy the dip under $5.4 Subject to change quickly. but right now, bullish on the next decent dip. Drawn in line is what I'm currently seeing as...
Anta Sports recently continued to rise after an impulsive downward spike narrowly missed the magenta Target Zone between HK$58.95 and HK$33.60. Thus, it is quite possible that this downward spike has already completed the low of the green wave (2) and that the stock is now marching higher. However, we are not convinced that this is the case, so we believe that the...
Is of the Shanghai composite. A beautiful HVF is nearing pattern triggering,. Early accumulation is probably warranted! Isn't now the most bearish FUD, over the Chinese economic miracle you have ever seen in a lifetime. The chart is telling a different story of consolidation of its extreme growth and continuation of it's remarkable rise. A quadrupling on...
SSE:000001 chart mapping/analysis. Been a while since I've published any charts on TradingView - process is a pain in the a$$ tbh & procrastination crept in while lacking TA-edge on markets + other commitments.. That said, noticed Shanghai Comp chart still notching views given current environment so thought I'd give an update. Initial TA thesis hasn't changed...
The long view on the China CSI 1000 Index ▫️ The lows of 2018 at $4,065 have not been taken out ▫️ Price is currently at $4,293 above this level 🚨The RSI has reached its most oversold level ever reaching down to a sub 17 level. Is this an opportunity or a collapse?
Cfx, A chinese narrative token, is currently sitting on 0.618 level on fibonacci... What do you think Will it give a god candle soon??
Like the title says, Bullish. There is so much going on behind the scenes based on the world events today. BUT, in the end, BABA is going to be a big supplier of goods across the Asia continent, and there are a LOT of people to sell to. Put/Call chart is included, I've highlighted the outliers. Does this mean I'm suggesting to yolo puts and calls? Probably...
Tencent remains in our magenta-colored (long) Target Zone, which extends from HK$302.60 on the upper edge to HK$237.40 on the lower edge. It is still our primary assumption that the stock will establish another marginally lower low within this price range. Once the wave (2) in magenta has been completed, we expect the price to rise above the resistance at...
Here's a simplified analysis for AUD/CAD: Long-term view from the weekly chart indicates a bearish trend. Mid-term perspective on the daily chart shows a broken bullish channel, replaced by a bearish one. Considering fundamental factors: Escalating tensions in the Middle East may increase the chance of the Beijing-Taipei conflict, potentially impacting AUD...
With Alibaba trading at a depressed valuation, is this a compelling buying opportunity? While the current price presents an attractive entry point, it's essential to conduct a thorough analysis before making any investment decisions. I'll be employing the EW 2.0 model to assess the company's historical price movement and identify potential buying signals.
Meituan's price is still trading at the lower end of the magenta Target Zone between HK$96.90 and HK$64. Our primary assumption remains that the stock is already working on the wave 1 rises in turquoise - and that it should soon leave the resistance at HK$103.50 well behind it. However, we must continue to weight the option with a 35% probability that the stock...