PDD after bottoming after a H&S at the top, createa another inverse H&S & HAS SINCE REACHED THE COMMON NECKLINE AROUND 70, which I think is the market”s FAIR PRICE. Let us wait which direction this will lead to but I AM BIASED LONG. TP is 119 for H&S pattern measured move. Not trading advice
Even fundamental analisys seems that China is not going to be the next world leader in few years, because current bullish trend is about to be broken
The price return At Extreme UpTrendline And break resistance zone As you can see. I highly recommend buying this stock now and holding it. I expect the price to continue to rise until 3620.2176. If you like trade At stocks don´t forget Like and Followe For more Idea. Good luck everyone. any questions contact me.
$MEGL Price is beginning to get closer and closer to the apex point of the falling wedge I expect high volatility soon either to the upside or to the downside 🔥 Worth watching to decide which trade to take 👀
Looking at the BIDU Baidu options chain, i would buy the $165 strike price Calls with 2022-9-16 expiration date for about $3.55 premium. Looking forward to read your opinion about it.
The Real Estate and Banking Crisis in China Is Spreading to Other Aspects of the Chinese Economy! A lot of information is coming out that the Citizens can't get any money from their banks. We have seen that before! Never ends very well. Apart from China's problems, Tesla has been experiencing problems in China. 1. The cameras on the Cars, that they can't be...
*THE SEMICONDUCTORS ACT HAS BEEN PASSED* China has the right to invade Taiwan since there was a bombing in the provice of FUJIAN #Stand with CHINA#
🥳 BTCUSD China will give rise to coin target 34,000 ❤️ If you find this helpful and want more FREE predictions on TradingView . . . . . Please show your support . . . . . . . . Click the 👍 LIKE button . . . . . . . . . . . Leave your feedback below in the comments! ❤️ I use all my transactions in real trading in my account, my account has already reached...
Hi everyone, China this am came out with a better tone toward their tech industry and markets. Assuming that geo political events do not get worse between the USA vs China. I am making a Long term asset accumulation bet on Alibaba 1) I discuss straight stock asset ownership vs 2) Getting an income by selling the deep out of the money 80 strike September...
If BABA fails to hold the psychological 100 yellow zone, the the green 87 zone may be retested due to low volume below 100. Breaking 100 will also mean breaking below the red uptrendline as well as the Ichi Cloud in daily chart. However if BABA holds 100 & the uptrendline, then we may see upside targets at 110, 120 & even 130. Last July there was a 2-day false BO...
Trade Idea: Selling China50 Reasoning: Reaction from major support level . Interim support at 1713 in front of FED meeting later today. Entry Level: 13943 Take Profit Level: 13630 Stop Loss: 14078 Risk/Reward: 2.32:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very...
China is number one, huh? Are you really afraid of communistic party going mad and destroying everything they've earned with hard work last 20 years? They already spread covid and use their russian doll to harm West and that will be enough for them to continue going forward and building more trading routes in South America, Africa and Asia. China is here to stay...
Li Auto Inc. ( NASDAQ:LI ) Sector: Consumer Durables (Motor Vehicles) Market Capitalization: $37.118B Current Price: $38.45 Breakout price: $39.00 Buy Zone (Top/Bottom Range): $38.10-$36.15 Price Target: $40.50-$41.40 (1st), $47.30-$48.50 (2nd) Estimated Duration to Target: 13-15d (1st), 54-58d (2nd) Contract of Interest: $LI 8/19/22 40c, $LI 9/16/22 40c Trade...
KWEB, Chinese internet ETF Chinese techs have been in a bear market since February 2021, with the price of KWEB unable to break above the long trend line (in blue). Kweb has found a bottom in March 2022. Is Kweb bullish? Is it the end of the bear market for Chinese tech stocks? Here is everything you need to know before making a decision: - Currently the...
Really like the way Alibaba is bottoming here. Not only have we broken the steep downtrend which has held price down for the last year, but we have broken horizontal resistance at $120 while holding above a new daily uptrend line. Today is the first break above the 200dma since Feb 2021, which is another encouraging sign. Should we hold this breakout above $120 on...
Well, it has already popped. Evergrande is down 90%+ and Country Garden is almost down 60% from 2018 highs and testing 7.36 support. A simple 1:1 extension of the 2018 drop would mean sub-14HKD prices are not too far away... watch for a break of local support at 19.20 for another 30% drop.
This China index confirmed its completion of ABC when lockdown ended & their economy resumes. It has risen so much from the ABC correction low of 2888 & we may see wave 1 topping out with a diamond reversal pattern. As seen in the past 2 times shown in chart, a diamond can be either a reversal or continuation pattern so proceed with caution. Reasons why I see...
Basing above 60 VMA in a flag pattern. Breakout should propel this to 52 easily and potentially 200 Chinese names are front runners of the next bull cycle IMO. One could buy here with the tight S/L or wait for break and retest.