$PDD: Falling wedge pattern, this might take a little bit of time to marinade. We are tactically overweight on Chinese Tech as inflation is on the rise. China's economy is slated to rebound quickly and this stock is at a 40% discount from its highs! We think this is a high conviction name for recovery and have seen unusual options activity with this name the past...
SOS Limited, a technology company, provides marketing data, technology, and solutions for emergency rescue services to corporate and individual members. It operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, car rescue, financial rescue, and mutual assistance rescue cards; cooperative...
PLEASE LITTLE CHINESES BUY AT 0´clock! Then we will go to the chinese new year event!
WEDNESDAY, FEBRUARY 10 2021 This is a possible scenario for the rest of the month
Strong day for chinese EV Stocks today, may indicate a reversal to a long, MACD seems to be flattening after today, we will see the rest of the week if it gets momentum upwards and MACD crossing up.
I will be shorting $NIO for the next 2-3 weeks starting Monday morning. Current momentum and sentiment are very bearish in the short term, so a retest to $38 seems inevitable. If $NIO cannot hold $38, we can start to see the low 30s, but hopefully not much lower than that as I do like this company for the long term. In terms of technicals, there is a head and...
chinese yuan daily technical analysis ( CNYUSD )
Hello everyone, here is the top-down analysis for USDCNH, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, Hope everyone OK ! Some analysis on the Chinese $ETH , $NEO is becoming more communicative on their new DeFi projects with NEO3. Some a technical point of view, there is a really good signal at the moment wiht this set up : Price above Cloud , Tenkan & Kijun following the new trend & finally the Laggin Span pumping out of the cloud on the Daily. 3D...
Measured move shows the previous wave cycle was corrective, making the next cycle the impulsive wave. *Since Yuan was introduced since 1955, there no use for making upward measured move target with incomplete data. --- Fundamentals// that China is not willing to keep print money like before+ US printing $$$
Chinese economy recovering strongly should benefit the AUD in the longer run, and once Abe’s successor is elected, BoJ’s ultra-easy monetary policy will likely be reaffirmed — paving the way for eventual JPY weakness. AUDJPY has closed above the weekly Ichimoku cloud and broken above resistance at 0.7680–0.7700 convincingly. Buy on dips for a test above 0.8000...
NIO is going looooong, but first we need a small pullback to the 17.80 area. So, it's short-term SELL. Medium-term BUY
When NYSE:BABA closes significantly above the green rectangle area (Significantly above the 201.5) , I think it would very likely to continue up to around the 209-210 area (Around first blue line) , with a potential to reach the 219-220 level (second blue line) , depending on how price would act around the 209-210 area .
It is hitting the pivot resistance but RSI is still below the last high. Unlikely it will break it.
There is positive divergence and double bottom. If it breaks "Target1", next level will be "Target2"
Another beautiful chart, a masterpiece of clarity, at least in my eyes. Looking for much higher prices in the future.