I am betting on the Chinese B (Baidu), A (Alibaba) and T (Tencent) shares again , having seen their share prices fallen more than 50% from its peak! This is a long term investment , with time horizon 5 years and more. Is this the bottom ? I believe so as the Chinese Government is taking this opportunity to shore up its economy and the need to appease to the...
CNBM (3323.HK) is forming a bearish double top Sell Entry price: $2.76 First downside target price:$2.63 Second downside target price:$2.50 Stop loss price:$3
PICC Group (1339.HK) is forming a bearish double top Sell Entry price: $2.57 First downside target price:$2.51 Second downside target price:$2.45 Stop loss price:$2.71
Recent short term rebound shows peak sign yesterday with morning price surge erased in the afternoon. Which indicates selling pressure are coming back after rebound. We entered into a Callable Bear Contract yesterday at the peak with the analysis of current downtrend reacts more sensitive to sign of selling pressures. Which we see a possible short term price...
Despite its dominance as a payment gateway with a monopolistic role in China, global leader in video games and many other businesses, the one thing that it cannot compete against is the strict government policies imposed by the Chinese government. It has fallen more than 60% from its peak 4 years ago at 700 and thereafter it has been on a downhill ever since....
Ready for a bull run up. -Crossed Macd on daily view -Divergence at 4H - Resistance at 87 , if it breaks 87 , then look for 94 - Earning out on Nov 3rd, - Watch for a Run up before earnings or after earnings. - keep your stop losses & Trade within your limits. Happy Trading.. !
Volumes are five times greater than US and I think is useful to follow stock on HK market Price cannot pass channeldown and long term trendline and this is a very bad signa I think price will now drop to 64
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...
2380-HK/CHINA POWER. got Pat C + HHHL + Sideways. Breakout soon. tp 5.34 #ARTTpick #KebayaTrader
788-HK/CHINA TOWER. maybe is making a base. HL is seen but I still waiting for a HH. Keep monitoring #ARTTpick #KebayaTrader
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
read latest article here Let's wait for the price to rebound off the support turn resistance line at 281.60 and if a bullish candle is shown, I will take an initial position. Hmm, this may not happen this week , probably after CNY as this is a short trading week. Be patient, you need not catch the bottom to benefit from the rally so long the trend is in your...
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...
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...
The original idea of long and bullish explosive up move HAS NOT changed. It's that now I expect price to move down slightly more before moving up.
I am expecting an ending diagonal and then an explosive move up. This is the time to LONG!
Head and shoulder almost done (70%) for another correction or continue the trend. (30%) Wait till it gives direction.
1. Backtest of 200 EMA and SMA 2. (Possible) ABC between 1.236 and 1.382 retreace (white) 3. 0.5 Fib retrace (yellow) 4. RSI and STOCH RSI reset 5. MACD in bullish trend SL 11.88 HKD TP at least 16.98 HKD www.tradingview.com (use dark mode)