A classic H&S near decade old support. below equal extension suggest 0.53 target
HSI Tech reversal $BABA showed weakness last week and again led to the complex reversal. It seems the counter-trend rally may have come to an end. $HSI also has a smaller degree Island Reversal as well. It should lead to some volatility here on.
The world leaders have begun to create a synthetic crisis. This crisis is far scarier - the energy crisis. It is not an accident that coal-fired power plants in Great Britain were not just shut down or canned. They exploded it without any chance to rebuild. It gave the island 44% of its generation in 2012. Britain is developing a plan to build a 3,800 km long...
Volkswagen's EVs Are Taking Off in China, May Soon Surpass NIO's Market Share On October 22, SAIC Volkswagen ID.3 was launched in the country at CNY 159,888 to CNY 173,888 per vehicle. Volkswagen China achieved a milestone of 10,000 EV sales in September 2021. We dissect Volkswagen's EV sales through three perspectives: product, production and marketing. A...
Under tax investigation, the news headline but set up there already for the next leg down to start. Gap down -5.71% #ChineProperty 410.HK
Looks like on the daily timeframe, we are on the top side of the MAcd which entails that we may be at a level to although on the weekly we are oversold, the daily looks like there "may" and i mean "MAY" be a small pullback to the previous low (38%) before it continues to the upside. BABA won't and can't be held back for long before it reaches its previous high up...
Following a rocky start after an uplisting and delisting from NASDAQ, PKK has been checking all the boxes in every other metric and has been hitting it's bull flag targets since the first run from 35 cents. Despite the pullback after losing the NASDAQ listing, we retraced only a little more than the historical 57% after every bull run and the hit we took after...
Big rally, BUT Potentially a Spinning Top/ Shooting star Still inside Senkou Span a & B So it looks corrective for the time being on the abck of $ bond coupon payment headline But the filing with exchange is they are still within th egrace period and it is ongoing. Evergrande Bonds rallied but still trading at 16 on the benchmark 2025 bond.
An exciting day arrived for Alibaba Cloud as the company unveiled its new meeting assistant AI and announced the launch of a new data center planned for next year in South Korea. The company is trying to end the year strong as it continues to roll out more innovations and future plans. Alibaba Cloud announced the launch of its first data center in South Korea in...
Alibaba’s Premium DingTalk aims to help athletes, volunteers and organizers efficiently communicate at the upcoming 2022 Asian Games in Hangzhou. On October 20, Alibaba Cloud unveiled the Premium DingTalk for sports games at the Apsara Conference 2021. The newly released DingTalk will provide a digital solution for organizing communications for large-scale...
could see decent upside if we see the 40 range again decent risk/reward
Baidu Apollo and WM Motor officially released two new cars on October 19, both of which are based on the WM Motor W6 SUV. One is a new generation of the unmanned vehicle Apollo Moon mass production model equipped with LiDAR (Apollo Moon WM Motor version), and the other is a mass-production model equipped with Baidu Apollo Navigation Pilot (ANP) assisted driving...
This is the largest single round of financing to date for a company in the low-altitude manned vehicle sector in Asia, with HT Aero's pre-investment valuation exceeding USD 1 billion. HT Aero (Xiaopeng Huitian), a technology unit majority-owned by XPeng Motors and CEO He Xiaopeng, announced today that it has closed a Series A round of funding in excess of USD 500...
The NIO ES8, introduced in Norway on September 30, recently underwent a 1000km test resulting in an average performance. The journey resulted in an 11hour, 25-minute journey. The car stopped to charge 5 times and sustained an average driving speed of 87.6km/h. This ES8 utilized a 100kwh lithium-ion battery and besides its high energy consumption, the car did not...
posting the 3LNI (3x long nio) chart next strongest conviction play how much lower could we go with fundamentals only up
I did a video version of the editor's pick idea (link below) with more details and a more holistic look at what's been going on in real-estate, politics, and crypto. What happens next is anyone's guess but underlying trends tend to show that the crypto market itself will probably be OK, if not bullish. Some notes from the vid below: - Inflation is here to stay...
The paper has formed a good uptrend. A fixing above the support level 171 would give a positive signal for a long-term buy long. Fundamentals are also good, Chinese companies start to recover, you can pick up with a good discount and wait for new ATH. On targets: the nearest unloading I plan on the mark of 230 dollars (+35%). ❤️ If you find this helpful and...