Tencent has bottomed. - Inverse H&S - High volume - Support from 200 WMA - Support from trend line - Oversold RSI What else bottoming out needs? Nothing IMO.
- Inverse H&S - High volume - Support from 200 WMA - Support from trend line - Oversold RSI What else bottoming out needs? Nothing IMO.
Tencent has bottomed. - Inverse H&S - High volume - Support from 200 WMA - Support from trend line - Oversold RSI What else bottoming out needs? Nothing IMO.
Seems Alibaba have reached 61.8% retracement with a 335 correction Now an impulse is expected
#BABA has been trading under Bear Pressure for so many months and weeks and this week it has made a new 52-Weeks Low which is a strong Sell as per Technical Analysis. As it is visible on charts, our Fast Moving Momentum indicating further weakness and a possibility of making another Low from here. As it is trading near its support level, this may get some buying...
HOOD 2H I HOOD made another big move last week, and moved up 12%+ from our entry. We should see a bounce between $43-$45 before any continuation. PSFE 1D I PaySafe has an average price target of $14, or a 65% upside from here. We are seeing a possible double bottom near $8 and a bullish divergence on the RSI. TSLA 4H I Watching TSLA for a break above $780....
Again, a large cap has recently pivoted and had started to draw zigzags heading down in due course. Is this a canary in the coalmine? Fibonacci goals are in green, and invalidation is in red. We know of no more powerful tool in analyzing the markets other than NeoWave / Elliott Wave theory when correctly combined with a few tools in out belt. Make sure to...
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.
130 could be the next support level for the biggest Chinese company in the market! While everyone talks about the 300 Billion dollars problem of Evergrande, No one pays attention to a 1.5x bigger problem of BABA. If you are looking at the fundamental of BABA it could be the most undervalued stock in the market but systematic risk push it lower and lower every...
BABA going down to string resistance on Fibonacci between 130-140 USD per BABA good luck0
BABA looks to be in real trouble here and most likely will land around $84 long term to finish the massive H&S pattern
Apple has been trading in a nice looking price channel for a while now. Every time it hits the upper channel line, it gets smacked down.
It worked again. S&P 500 has not been able to break out from this resistance level since GFC.
Third day below 50 DMA. It's clear that breakout has happened. It will take some time before the ship turns. As long as S&P stays below 50 DMA, I am bearish.
Gap needs to get filled, I dont see any support yet at this point. Also evergrande is going to fall.
BABA stock will be good for long term the target in chart Regards,
Basically, Hong Kong indexes have more down to go. But in the long run, they have huge upside potential in the 4-5 years6
HOOD 2H I Has an average price target of $55. Its still trading within a falling wedge. We have a bullish divergence on the RSI and saw bounce near our support at $40. PSFE 1D I PaySafe has an average price target of $14, or a 65% upside from here. We are seeing a possible double bottom near $8 and a bullish divergence on the RSI. ROKU 4H I ROKU is down 30%+...