Calling it falling wedge, descending triangle, etc, it really does not matter..........whatever is e
easy for you to understand. And the more you identify this pattern in many different asset class, like bitcoin and Xiaomi and Lenovo in the chart.
Xiaomi has enjoyed an unparalleled surge for the last 7 weeks, all bullish green candles, very powerful , very satisfying for those who long. Praise Lord.
Lenovo, I believe is at its infancy, we need to be patient.
For Bitcoin, it seems to behave in the same pattern as well. We were waiting for an opportunity to get in at around 8400-8500 area but it did not gives us the chance. Let's wait and see if next week will be better.
If you like my trading style and thoughts on trading, please support me with your likes and follow me. Thus far, I have covered stocks in US, China, HK, SG. If there are any stocks that you are keen for me to take a look, please feel free to let me know in the comments or pm me.
I am also interested in commodities like Natural Gas, agricultural products like corn, wheat, etc, Gold, silver, Platinum, Oil as well.
For indices, my main focus are HSI, CN50, SHCOMP, STI, S&P500, DJI, NASDQ, NIKKEI225, NIFTY, etc
And if you are in Singapore for holidays or work, please feel free to contact me. I would be happy to meet up with you for coffee and perhaps, time permitted, show you around.
Have a great weekend , everyone !
easy for you to understand. And the more you identify this pattern in many different asset class, like bitcoin and Xiaomi and Lenovo in the chart.
Xiaomi has enjoyed an unparalleled surge for the last 7 weeks, all bullish green candles, very powerful , very satisfying for those who long. Praise Lord.
Lenovo, I believe is at its infancy, we need to be patient.
For Bitcoin, it seems to behave in the same pattern as well. We were waiting for an opportunity to get in at around 8400-8500 area but it did not gives us the chance. Let's wait and see if next week will be better.
If you like my trading style and thoughts on trading, please support me with your likes and follow me. Thus far, I have covered stocks in US, China, HK, SG. If there are any stocks that you are keen for me to take a look, please feel free to let me know in the comments or pm me.
I am also interested in commodities like Natural Gas, agricultural products like corn, wheat, etc, Gold, silver, Platinum, Oil as well.
For indices, my main focus are HSI, CN50, SHCOMP, STI, S&P500, DJI, NASDQ, NIKKEI225, NIFTY, etc
And if you are in Singapore for holidays or work, please feel free to contact me. I would be happy to meet up with you for coffee and perhaps, time permitted, show you around.
Have a great weekend , everyone !
