Really think even with all the bad news Chinese stocks are about to rocket, backtesting the breakout and support from 2016, this one is a hard long for me.
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.
BABA had strong earnings and beat earnings expectations. The stock popped and retraced back however it is showing nice support on that right shoulder along with XPEV and & NIO. I like these stocks as a buy here and think they can easily reach the neckline resistance by the end of the month. They They have all broke their respective downtrends. XPEV & NIO have...
Nearing the D 200MA. It needs to break through and hold and I'm going to be adding to my positions. It got close 4 times in past couple of weeks.
So far BABA is respecting the diagonal trendline and we've expected this retest. The short and midterm MA's are still in uptrend. BABA is approaching 200 MA, which will be crucial to break and continue higher. We'll most likely retest around there again. Fingers crossed. LT investors deserve some relief in this stock.
YUMC - some China related names truly look delicious. YUMC is an American Chinese Fortune 500 fast-food restaurant company based in Plano, Texas, operating in China. Lockdowns are soon over. China just decreased quarantine requirements from 14 to 7 days. This stock is sitting on 200MA. Ready to fly?
BABA 10,20,50 MA curled up. It's holding nicely above 100MA and now has the last test to withhold - 200MA. Chinese stocks will probably lead the way in 2022. They bottomed a while ago.
hello investors Wow the beauty of halves of trends is clear and fascinating here in this chart. I explain: we are in 50% of the big uptrend correction and also in the 50% of the last downtrend corection so if the elipse zone are broken you should ride the trend up or down. Remember please that I am not using cristal ball predicting markets' future but I try to...
hello, this stock has a big oppotuinity to grow up more and more, why? As you see it tried to break out its channel several times by keeping its uptrend. so if you see it breaks up that up corridor stay at your buying position and blow up your earns. targets are showen on my chart NB: i don't have a cristal ball predicting markest' future but i try to be more...
The SZSE Component Index is an index of 500 stocks that are traded at the Shenzhen Stock Exchange (SZSE). It is the main stock market index of SZSE. Price reached Fib ( 0.618 ) Price reached Weekly FVG Good opportunity of long position. +41.5% if price reached first red line Good Luck Trader💯💯 . . . . . . 🧅Disclaimer :There are risks associated with investing in...
BABA just broke out of its long respected descending trendline, with considerable volume. Key resistance level to break is 120, breaking above will mean a surge all the way to key resistance at 180 Actions: 1. Buy the retest of trendline @ current price 2. Wait for a break above key resistance @ 120 Targets: 1. 180 (prev key support flipped resistance) 2. 230...
One of my weekly buys . Stock picks for long-term hold . Hold till 0.5 on the fib non-greedy target. Thought id start posting my picks here...
NASDAQ:IQ Currently, in a free fall after the price dropped out of multi-year range. I am not convinced that the downfall will stop here.
Geopolitical tensions between China and the US have escalated in recent years amid efforts by both countries to become the world’s economic powerhouse. Speculations that the Chinese economy would overtake the US by 2030 have led to tit-for-tat tariffs, sanctions, and a revamp of capital market rules aimed at reducing Chinese companies’ access to American...
The good business results and the removal of the danger of the ban on Chinese stocks report on Pinduoduo the interests of large investors. From the indicator Miracle Viewer it is possible to see as the institutional ones are about to pass long on the title and like the professional investor they are already. I expect the stock price to rise.
A raft of regulations targeting a number of sectors — from technology to real estate and education — have hammered Chinese stocks late last year and into 2022, and although many economists remain bullish on Chinese stocks’ potential, Beijing’s relationship with the Kremlin is now weighing on investor appetite for Chinese shares. On Friday, April 1, Shanghai’s SSE...
So, the double tailed candles on the weekly chart only resulted on a week of downside, but the second week proved resilient. The daily chart shows the spike down blowout and the immediate recovery. This indicates very strong support at about 98-100. The new interim support at 102 is holding too. Now, I expected the lack of liquidity and sentiment to push lower,...
$DIDI possibly bottomed out chart @ 4 CMF went positive on the 10m,1h,2h chart. 1d should follow The momentum is about to cross 0 on the 1d chart. RSI has left oversold zone The last 3 sessions closed green. MACD Curling. Reversal in play