Nio is a name that can move fast have due to its IV's. China's stocks have taken a hit under the Trump administration but Biden i believe is working towards resurfacing that relationship.
Shown on the weekly, breaking out of the descending trendline.
Keeping an eye on NIO today. I have a position but if it breaks out of this Symmetrical Triangle to the upside with confirmed volume, I will be adding to my position. Reasons: 1. Volume contracted on consolidation 2. Earnings beat last 3 quarters 3. EV sector.. and China stocks may outperform US in near term due to frothy US market in my opinion. (other reasons...
After the Ant Group IPO cancellation caused Alibaba ( BABA ) price to drop for the last two months of last year, the price is apparently recovering this month to the levels where it was before Ant Group announced its plans to float on Shanghai and Hong Kong stock exchanges. Price is recovering despite the Chinese government probe into Alibaba over alleged...
A Long naked called OTM should print. My target is 110.
According to the stock bot the next resistance is 172.74. Insane upside if Chineses stocks can finally rally this week.
Open short idea BILI from 128$ to 110$ target price (+15% gain). Reasons - overbought by Tencent's increasing stake. Than be care to open long.
Mid Range Fundamental record but stable and good buying opportunity on chart. Price can reach $400 in near future
I won't short BILI, I'm not sure where the top is, maybe 200$ / 300$, that's crazy. Long stop-loss price: 106.67 / 94.91 BILI is a interesting stock, but I won't touch BILI stock above 120$. Low liquidity of BILI options, and low leverage for margin trading. I have no idea why my money forced buying a stock like BILI. BILI is too young to forecast its stock...
This is a new idea, two channels I'm closely watching on SSE.
XPEV entered in Europe their EV's demand can rise in 2021. 30B Market Cap behind NIO , but price can reach $100. It's a volatile investment but not bad.
$BABA #BABA This one I got stuck in the trade, but I am not worry too much about it, over the longer term it will go higher, technical wise, we dropped and hit the support levels. If you take a look at the charts, it hit the weekly 100MA and bounce off it. Also a previous resistance area that now is support. If you have a longer term outlook, this could be a...
what do you think about EBON? is it at the bottom now or still a way to go down? would it break the resistance with all the good news with Bitcoin ?
Stop: 50.00 Potential reversal trade looking for 81 first. Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are...
The earlier frenzy has worn off a bit and more importantly this has cooled down. Some consolidation and chop which may clear up over 48.47.
Question from a member, so I figured a video would do!