From weekly chart, we can see that there were 3 occasions that it failed to break above the 61.34 resistance level. Now, the price is near to this resistance level again. For those who want to be more assured, can wait for the break out followed by a bullish pattern.
And for those who already had a LONG position at 49 dollars can just wait a while more before...
For the first three quarters, the domestic revenue increased by 24.7% and the overseas revenue increased by 15.51% compared with the same period last year.
According to Midea's financial results for the first three quarters of 2021:
- The revenue increased by 20.57% to CNY 261.342 billion, and net income attributable to the parent company was CNY 23.455 billion,...
The income from home appliances and electrical appliances accounts for more than 80%; the proportion of new businesses such as robots has increased.
According to the interim performance report for 2021:
- The operating revenue increased by 24.98%, reaching CNY 173.8 billion.
- The net profit attributable to the parent company increased 7.76%, reaching CNY 15...
Be patient and wait for more pullback opportunities. I am not rushing to pick up more stocks above 65. If it drops below or is closer to the Daily MA100 I will consider accumulating small positions.
This is a long term hold so I wait for what I deem or value to be discounts.
Hi all,
Based on a number of signals suggesting upward momentum, I have initiated a long position with a Risk Reward of 2.5.
Sideways support held
Rising trendline support held
Returned close to 200MA
Long term upward trend
Rising volume
What makes this trade even more attractive in value for me is that the upward momentum actually started the day before, but...
