**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...
Coin is very undervalued here at these prices, and is setting up for a amazing risk to reward ratio to open a position. If i was just trading this, i would set a stop loss for somewhere below $215 and Set Profit targets at: $250/$290 & $330. I wouldnt be surpised at all if this ran similar to APPS the past month where the stock price has surged from below 450 a...
A Series of Valuation Signals produced by our models on a range of AUD pairs show a potential downside move about to hit AUD/USD. Our analysis shows Chinese Credit Default Swaps are the top driver negatively impacting AUDUSD, which have been uplifted by the recent Evergrande Crisis. Since this macro driven signal emerged on October 2nd, 2x Hidden RSI Divergence...
there is an HSI idea with going long a few weeks ago.. I was wrong :) now it is a better chance to accumulate some long positions; as I marked on the chart, there are 3 ways to go; as you know, the lines/channels are there just for guidance
Sunac bounced off the extension target after announcing securing funds from a major shareholder. Down 11.5% today a test of 12.90 again on the cards as the move is impulse. A failure puts the stock for an accelerated move down.
Markets are going to keep going down in fear of Chinese real estate powerhouse Evergrande defaulting; Bitcoin will drop alongside it in the short term. My chart shows we may still rebound after we hit the 38k area. With that being said, if the Chinese housing bubble crashes, which represents 28% of China's entire economy, we will enter a global correction....
china 50 doesn t look good, head and shoulder looks like forming...tonight will look if i enter the trade, by now i got stopped out because my broker ended contract
Hi Traders, Below is my Idea about this very good loking company .... from CHINA !! Compared to competitors (like Twitch) is discountedm same like DOYU. WHich are both owned by TENCENT as one of biggest investors. After some FUD price from chinese government the price is Dummping. In my Opinion, we are approaching end of impulsive wave DWON. you can also...
Increased my short in tesla, good luck all stupid buyers at these resistance levels! U gonna need it, se you at 700.
The price is currently below the local resistance level, on the watch you can see a clear local counter-trend line. Be very careful, there will likely still be drawdowns. TC the market has not yet recovered after last week. Do you agree?) Your Solldy.
Due to the recent introduction of the 'double reduction' policy by the state to regulate the country's expensive private education industry, Gaotu is looking to adjust its focus. The Chinese edtech firm Gaotu released its Q2 earnings report for the period ended June 30, 2021, on September 23 2021. - Net revenue was CNY 2.23 billion, a 35.3% year-over-year...
The Chinese edtech firm’s K-12 tutoring service contributes 98.7% of its revenue 17EdTech released its Q2 earnings report for the period ended June 30, 2021, on September 23. - Net revenue was CNY 671 million, a 147.2% year-over-year increase. - Net revenues of K-12 tutoring service increased 163.9% year-over-year to CNY 662 million. - Paid courses enrollment...
According to the latest regulatory developments, it plans to shut down a certain number of learning centers in the fiscal year 2022. The Chinese edtech giant released the audited performance report for the fiscal year 2021 on September 24 Revenue was USD 4.27 billion, a year-on-year increase of 19.5%. The net profit was USD 230 million, a year-on-year...
RSI on the daily went down close to 30RSI. 4hr chart is already heading up and the hourly is set to make a decision sometime tonight or by tomorrow. I am bullish so I see us heading back up to $50,000 which has been resistance. Once we break this resistance, $65,000 and above will be exponential. Regulations and bans on Bitcoin up to this point seem weak for the...
MADE IN CHINA - - - - - - - - - LOL China doing Many FUD to bitcoin, but Evergrande Dump verry hard
Concerns Investors May Have: China is said to contain more of the world's real estate assets than any other country. Therefore one concern is the potential impact a possible default may cause to international property markets. Consumer confidence in real estate investments could reduce and perhaps lower property demand, potentially reducing real estate...
Scenario A: Considering BTC is failing to get above the 0.618 fibonacci level located around 43700-43900 this may be a early warning sign that cheaper prices are coming, but there is still hope: In the top image the 0.618 is claimed as support quickly taking us to the next resistance area above, if further resistances were claimed this bearish idea would...
#VeChain is facing heavy R after the latest bounce. As you can see in the chart, the 200D EMA and year long trendline resistance is holding it down here. Caution is needed here too.