Maybe I am too pessimist, but I think there is no room for ATH again. I hope it will fall at least until earnings report.
For me, now the market is not stable. Because of the US-China situation and COVID-19. Could this bounce on support?
Meituan Dianping (3690 - HK) is now in 4th internal wave of 5th wave up in 60 min, which is the part of daily wave 5 up. One more high should be there to complete the wave sequence will come to around 142-145 level. Also it may possible to extend this move.
Meituan Dianping (3690 - HK) is a Retail stock from Services sector in Hong Kong, which is out-performing and at all time high. From the major bottom shown in Daily chart it made an impulse five wave up sequence, in which it is in it’s 5th wave up. In 30 min time frame, price is in 4th wave correction and sharp as alternating with wave 2nd was choppy. Today is its...
It was a pretty obvious bull signal. But I think its relatively overvalued and I would consider shorting if the support lime drawn on the chart is broken. TP will be 105.
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
I bought this stock from May to September, making profits along the way but adjusted trailing SL too tight and was taken out. Since then, I have not been able to participate on the rising uptrend. In retrospect, looking at the chart now, I see much clearer my mistakes for not getting in again as each pullback was an opportunity. Thus, opportunity costs is high...
FUNDUMENTALS:Company with very good potential especially with longer goals. general uptrend riding the 50 EMA and occusional touch on the 100EMA. TECHNICALS: 1.Mirror level at 100$ 2.Double bottom maybe triple forming 3.Stochasticks at low levels and oversold at 4h 4.Maybe a bullish doji on 4h? not confident about it though Wait for tomorrow open to see price...
The Average Volume of this 2 Green Candle is sort of weak, monitor 1 more trading day to confirm further upside Beware of potential MACD crossing down. RSI & smart money index is showing strength and more buying interest SL can set below 97.5 Price action for this counter always shows strong support & rebound on EMA20 Trading idea, you can buy based on...
Fintech firms to keep an eye on: innovations including mobile payments, digital wallets, peer-to-peer lending, blockchain technology, and risk transformation EVENTBRITE INC, NYSE: Eventbrite, Inc. operates a ticketing and event technology platform in the United States and internationally. Its platform integrates components needed to plan, promote, and produce...
great fundamentals. good graph. looks good to me. buy $8.9 - $9.5 target $12 - 13 - $18 elliot wave technique analysis