BABA can be heating up here .. As long as above 148 this one can maintain some steam back into the 200's and lead China stocks with it.. very oversold from highs -- can be looking at near 100% ROI back towards highs from here! Over 170 -- 210 - 230 target is in tact. Further R LVLs are 248 - 270. Good buy along with NASDAQ:JD ( Pretty soon this account...
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.
The GXC Weekly chart is about ready to break out and take off... just did a best case projection. This is on the back that the Evergrande saga endgame is delayed, which I think would likely be so... into 2022. Watch the next two weeks or so, needs to break out of trend line/channel and clear the gap resistance area.
Ok this might be it... This would restructure this LGC... I Don't even give a fuck.. Either way I'm not buying until it bottoms down there. FOR THE BULLS GET RICH IN 2025 SCCENARIO
Signal didn't like FXI for a long time now. I have been short. And now it seems like there will be another short opportunity?? I will be keeping an eye on this PS. Each box span a day, and the code gives short term and long term trends as shown. the trend is shown with the color of the box. The range is calculated on a daily basis. If you want similar ranges and...
We've been waiting for the China rally for a while now. When this trend line breaks, I believe volume will come in. We are at clear support with a clear price level of significance above. As well, the 382 fib is showing itself as a target $60.78. The 200 day is lagging above. The volume profile is also showing this level as most traded. Do with this...
Latest update on the Evergrande fiasco. It's looking like this could be much bigger than even the alarmists have been speculating so far. tl;dr - the US media is very poor at covering foreign news, especially when it comes to money. Be wary of what you read out there. China is likely to let Evergrande defaut, which will stand in stark contrast to what we did...
The vehicle, which is based on XPeng's Edward platform like the P7 sedan, could be available in the fourth quarter of 2022. After spy photos of XPeng Motors' new mid-size SUV were revealed in late July and late August, new photos as well as specs have been revealed showing more details of the model. According to Weibo user, the car, which is based on XPeng's...
Macro play at a much longer timeframe. Set to ramp up production this winter to meet energy needs. Projected increased revenue with oil/nat gas prices increasing. Enjoy!
IZZ China ETF vs XJO (ASX 200) Relative performance looks to oscillate in a range. This could be a bottoming for China vs Australia.
Around 2 weeks ago China announced that they will ban the usage of cryptocurrencies, for the 10th time or so. During this period a lot of investors were calling for the end of crypto and BTC back to $20k. On that exact day, I made the analysis below. As seen in my previous China FUD analysis, China has banned or tried to regulate crypto many times, with little...
>80% down from the high. No matter how crappy they are and no matter how terrible an investment environment China is, as a trader these bounce can be a good short-term play. I'm looking at $DOYU and $HUYA. If they can make some small red days I'm gonna take a chance at a long. I have been burnt catching these dips before on $BABA and $PDD. Not planning to hold...
The tech-powered coffee chain may soon be ready for another public listing. The Chinese coffee pioneer went on to achieve positive revenue growth despite the expected surge in its settlement fees and continued operating losses. More financial data from Luckin will be worth paying attention to in the near future. Unexpected revenue improvement On September...
The Chinese Yuan's volatility versus the US Dollar has eased considerably in recent months compared to price action seen earlier this year. USD/CNH is quickly approaching the apex of a Symmetrical Triangle pattern, however. This may see the currency pair make a break higher or lower in the coming weeks. Technically speaking, the triangle doesn't show bias to...
The GDX was in close watch and it is time... Technicals are favourable for a bull run, and so is the broad equity market. Also had broken out of the Buy Zone! GXC the China ETF is just about ripe based on technicals. Similarly, broad equity market drift should hold in supportm and the immediate gap should be closed for a run up.
Today we will take a look at BABA. When do we think maybe a good moment to start adding Chinese stocks into our portfolio? Of course, we will look at the answer from a technical perspective, and this is the conclusion we make: a) We must see contact with the support level first (Is there buying pressure?) b) If we see bullish pressure, that is the first...
Short term trend for OMX looking bearish. Looking to alter some cash and pick up HSTECH.
**Spread Trade*** An opportunity to initiate a pairs trade by buying FXI and selling EEM. Spread between both etfs grew substantially (over two sigma), spread should start narrowing make sure you execute trade using ratio of both prices. For instance, you could go long fxi 26 units and short EEM 20 units (capital 2000usd) Chart symbol of spread —> input the...