Weekly chart looks strong, with a reclaim of this channel it should retest the top in the coming weeks, targeting the 102.00 area based on fib and price action resistance.
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
#FXI $FXI China Large Cap #ETFs . 50 EMA strong support Watching.
I project an increase in the stock price of NASDAQ:PLAB due to: Increase in revenue since the last quarter. Commitment to Chinese and Taiwanese production plants that have a solid backing of governmental support. New technologies within the industry combined with a solid demand that wont decrease and the mono-product nature of Photronic. Demand for...
This is a technical analysis of the symbol $HAPP using primarily MACD, RSI and Ichimoku meant to explore if the current trend is temporary volatility or a turn to bullish. Since February 2020 $HAPP has had a large bear trend down from 5.00 $ to a current 2.00 $ with a lowest price of 1.50 $ in between. Now there has been signs of a return to a bearish...
For those who do not live in China or have never been to China, you probably dont know about this company. HKEX:520 is actually the largest chain of hotpot restaurant in China. In their recent pre-release of annual result, they have declared the earnings has decliend by 90%...but yet their stock price didn't fall on that day...on the contrary it was a green day...
Adient announces strategic transformation in China - Company enters into agreement with joint venture partner Yanfeng to end its YFAS joint venture - Transactions provide Adient opportunity to independently drive its strategy in China - After-tax proceeds of ~$1.4B, combined with existing cash on the balance sheet, are expected to drive significant debt paydown...
NIO looking to break this resistance wall. Not financial advice, I am not a financial advisor.
Have you tasted the National drink? The prices of these have been increasing due to the demand surpassing the supply. During tough times, we drink more. During good times, we drink more. So when do we not drink more of Moutai? I call this the Coca-Cola of China in time to come.
After a long awaited retracement its finally here. This is a dividend paying company at current prices presents a 5% yield. The revenue is forecasted to grow at 30% at the end of 2021. Strong prospects in the supply chain of solar PV, and I see the current value is very attractive. If it drops further this is a real bargain.
Retraced with a hammer reversal & ran back to up. These levels are AMAZING for a long term outlook on NIO. Its showing a huge reversal signs with the lower shadow. I am not a financial advisor. This is not financial advice.
BYD has recently been more in the spotlight due to the heated EV Space. With BYD's superior financials and profitablity due to its wide range of products, the fundamental value that is strong and view pullbacks as entries to buy this a piece of this wonderful company.
This one is interesting. ESL is a huge industry in China. From what I've gathered over 4 billy. That isn't likely to slow down any time soon. $COE is the only other publicly traded equity in China that I could find (Please let me know if I'm wrong) and that had a similar chart that opened to a downtrend and slowly started growing. The good new here: Cheap AF,...
Popped up on my radar and does look like a tasty trade. Got in a bit early, but oh well.. if it plays out like the other crypto equities this has some potential to run! Bullish on SOS or think it's a pile of garbage?? What do you think?
$CBGH Management put out a tweet on the 25th of February stating that they now have 3 candidates on the short list out of 10 for Mergers and Acquisition and that the process was still in the negotiation stages. twitter.com Price target $10+
Basic overlay of Asian vs. S&P500 to infer leading indicator(s) for S&P500