At the chart of h4, A50 raises because of PBOC cutting reserve requiremeng ratio, when touches resistance around 13200, bulls seems to retreat. Meanwhile, the price is limited by downside trendling
BEKE, KE Holdings, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China is bullish after the chinese government pledged to support markets 80.75Bil revenue in 2021. 52 Week Range 7.31 - 61.39 I see a reversal to $20.50 short term.
Hi Everyone, As I said in my Market Review 13. Short-Trade after the break of level 13.380 Entry= 13.251 Stop= 14.800 TP1= 12.600 (Pass 50% position to Break-Even) TP2= 12.0000 Good Bye & Good Trading!!!
Price target for NTES is $84. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Price target for BEKE is $19. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Price target for PDD Pinduoduo is $64. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Price target for JD is $62. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Price target for MPNGF Meituan is $27. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
China 50 will move to the upside due to geo political reasons and YUAN getting the center stage after Gulf countries plan to trade Crude oil in Chinese Yuan. This is a swing trade. Will keep you posted if the sentiments change.
Good H&S and fail spike on Hongkong Open. Stocks Market will be in bearish mode, no more buy the dip and FOMO era after the shift to tightening cycle.
im expecting a reversal from this level. macd showing a bullish divergence and price forming a double bottom.
This might be motivated perception. Whats the thoughts on a head and shoulders?
China hit a very strong support when it fell 9% in the past weeks. This support is holding strong and retested today again. Going long for the long term for the price of ~16k Good luck for everyone, Cheers!
The main concern or reason for the tumble in stock price would be China’s increased regulatory scrutiny over tech firms during the past few months. On top of that, people also might be worried about delisting threats for Chinese companies by U.S. regulators. But on the other hand, people should look at how $BIDU is expanding its horizons, for instance, the company...
well big dip here as done by the analysis Ignore the harmonics im new to it just saw someone plotting it So I'm experimenting 🥱
DISCLAIMER 1) You should consider your own Risk:Reward ratio and do proper lot sizing according to your margin and leverage level. 2 ) Not every idea is a valid trade. Some are pending orders. 3) This analysis is just a trading idea, not a trading signal for you. 4) My own trend direction estimation, entry point, stop loss and take profit levels are shown on...
Testing a major support line. Oversold RSI. Down 30%+ from the highs. This is looking like the best bang for your buck in index's. Looking closely at this next week. Give your thoughts.