TradingView
xiucat
Nov 6, 2023 3:43 AM

China Stock - Uptrend in this week for 688433 Long

FARSOON TECHNOLOGIES CO.,LTD.SSE

Description

This stock is picked by my app, please search qingxuantang/chinese_stock_picker on Github.

The uptrend has begun since last week and may continue for another week. The selling date is set to be between 13-15 Nov.

Trade closed manually

This idea appears to be wrong. The short-term uptrend actually came to an end around Mnov. 7-8. I ignored two components when analyzing this symbol, one is the current status presented on the DO indicator, in which a huge upside peak just completed, normally indicates the downside graph next. The other one is the smaller time cycle drew on the chart, which indicate a low point around Nov. 15, indicating the end of the peak one week ahead of this date, which is around Nov. 7-8.
More