You're simply a fool if you don't long the dips or shorting evolution because of fear and manipulations. Investors are paid to worry.
Testing a major support line. Oversold RSI. Down 30%+ from the highs. This is looking like the best bang for your buck in index's. Looking closely at this next week. Give your thoughts.
Head and Shoulders Pattern confirmed
3600 area has been the critical level that if breaks possibly we see 4500 this year
Weekly chart multiyear resistance breakout three weeks ago and now we got the retest. If 15000ish holds, very bullish MT imo. Besides technical, also like the bearish sentiment on China recently.
If history rhymes...SHCOMP is trading in a perfect pattern...going up after the consolidation is highly likely, target 4500
Price was within the descending channel for this equity index and lately, china had done very well combating the virus outbreak and it has lower death rate comparing to Italy and thousand have already been recovered where new cases weren't escalating the way it used to like past. This all proves that china is one of a great nation around the world which may prolly...
China Virus should be gone soon, with 4Hours chart reverse from monday, we should see new high with in next month or 2. for those want to invest in China, buy A50, HKEX:2823 , or future in singapore exchange, SGX:CN1! If you want to double your cap, go for 2823, if you want easy, then the future would be best
HKEX:HSI1! reverse this monday, whenever it filled the bull gap, should head further up. investor should go in either A50 future, A50 etf HKEX:2823, HK index ETF HKEX:2800 , 2x ETF HKEX:7200...etc I think we should see 30000 within 6 months, and 33000 within year 2020. This place is great for initial invest with stop loss of monday LOW:25880 (which is few...
4H CHART EXPLANATION: The Ascending Trendline has been broken after the failed breakout of the Daily Triangle. As we explained on the Daily Chart below, the targets are the Bottom of the Triangle and the Support Zone at 12000, however, we need to be careful with the middle support zone at 13350. DAILY CHART:
So China imposed tariffs on 75 US Billion of US imports, of soya, oil , etc.. The drama will occur again and Trump will spit back with tariffs or measures on a surprise, so as an anticipation shorting Chinese stocks index is recommended. SL is set based on shown trend line acting as resistance, TP on Fibonacci sequence.
There is a channel on day chart Beware the bearish shooting star which appear just at top of channel It's a reali bad news for me if the candle stick keeps that long and red... Short target is the red resistance line/ double bottom/ bottom line of the channel
In 1min chart, it has an obvious descending channel. When will you finish the adjustment? It's really tired n boring.
Indices are still running upwards. A50 has met its support zone at 11800 zone. This should be a nice support to push it all the way to the top of the resistance zone at 12600. Should it breaks above 12600, it is SUPER bullish Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can...
It appears like the Chinese A-shares have hit the top and will go back down to the recent weekly uptrend mode. If we next week plots a new low, we will have confirmation of a potential sharp decline to ensue. It's increasingly likely that is the case, after getting overbought readings and battling to cross a low volume resistance level on chart. A similar...