Evergrande shares, symbol 3333, have been getting demolished as of late. On December 6th it broke past its all time lows of 1.88 HKD. This puts Evergrand's stock over 94% down from it's ATH of 32.39 HKD now at 1.77 HKD. The stock is no longer in free fall however, that may not last for long. On December 9th the real estate developer had defaulted on its debt for...
Who knew... Dollar-denominated Bond Defaults complete. I made a call to EG and their phones are now disconnected. BlackRock and HSBC are now facing rather large losses. The Cascade of defaults is spreading. ___________________________________________ Buy the Dip. Kaiser and Fantasia... they're good to go. But the Dip.
As long as we stay on the line drawn BTC will keep going on, markets are in panic right now due to Chinese real estate firm Evergrande defaulting on their billion dollar loans.
Or does it signal an end to the QE driven asset party?
if chinese debt is in the business of clearing up this week, nio is set to oversold bounce, and if we are weaker with chinese stocks the fowntrend is set for continuayion of bearish engulfing
Stocks are edging lower in a zig zag pattern as every rally seems to get sold off. We have more risk off sentiment in the markets as Evergrande takes its turn as the center stage of fear stoking news. Evergande shares have tumbled as another debt payment deadline looms. We saw strong resistance from 4580, but rejected this, as confirmed by a red triangle on the...
This trendline determines the final destiny of Evergrande. If breached, I will lose hope for any further upside in the future. Big news (positive) is expected over the weekend before open which should give it a good bounce. Trade wisely and free of emotions.
It's always been a dream of mine to have a creative space where artists, intellectuals, entrepreneurs and activists could congregate and meet. High costs of living made this impossible but we might be able to do something similar in the #metaverse, which is the next best thing. I've already seen some amazing stuff in Decentraland and Cryptovoxels despite it being...
As you probably know International investors are watching this like a hawk I can honestly see 20.21 call me crazy but you'll see. If you can't find me on TV I'll more than likely be here - maverickpartners.wixsite.com HKEX:3333 CAPITALCOM:3333 SP:SPX SKILLING:SPX500 OANDA:SPX500USD FOREXCOM:SPXUSD TVC:SPX
✅ALIBABA is trading in a downtrend Following the company's falling out of favor With the Chinese Government And fueled further by the Coming Evergrande collapse That will drag China down with it Today, the stock gapped and fell even lower On the earnings news However, a massive support level is ahead At around 128$ per share, and I think This might be...
Evergrande is mostly being discussed only in a relation to the fall of Alibaba, or the rise of JD.com or changes in the Chinese economy. However, somehow it doesn't ring the bell that when such a Chinese giant falls, and eventually doesn't seem to go bankrupt, that it's a possible golden mine for the future. Currently EGRNF (which is a US equivalent of 3333) is...
Original Chart This is Based Off 2018 update Original Trade Strategy Around This Chart Everything should be self explanatory in the chart. Of course - this will work until it doesn't, but since the 1990, the HSI index hitting its upper resistance line has nailed every major global market top within a very short timeframe. You can see how perfect...
Weekly timeframe bearish signs for a mini mid November correction? The greed/fear index for BTC was at 77 points "Extreme Greed" yesterday, today sitting at 70 points "greed". Remember the old saying; sell when there's greed, buy the fear? Thoughts?
Evergrande again at the end of the year and I’m starting to believe this is it. We might get one big pump only for the whales to fill their shorts but the market has topped out imo. I will be looking to short btc at 67-68k and hold it to 40k at least. Market showing so many top signs and evergrande is just the trigger to break down. In the very least get ur money...
Duursma, Yuri. summary of the potential market crash 2021-2022 analysis + why •Short↘️🔻(waiting for the right time) written on: 20:26 Thursday, October 28, 2021 (updated on Wednesday November 10th) Central European Time (CET) S&P 500 Index (and the entire market with it) We broke out of a rising wedge a couple of weeks ago. On the 3rd of November, we broke back...
Idea for Credit: - Stocks had a bit of a reprieve as China's collapsing property firms were halted for 2 weeks, and China's markets had gone on holiday for Golden week. - Stock market had an unwinding of hedges last week, but are things really 'Back to Normal'? - The bond market does not think so, and seems to be presaging more drawdown to come. - EM High Yield...
A picture is worth a thousand words. This is good news for the "Metaverse" and crypto as a whole, since it shows that traditional assets and crypto assets don't necessarily correlate. MANA is the "virtual real estate" coin that Decentraland uses, where as that line slowly sinking into nothingness is Evergrande. If we see a similar pattern emerge in other real...
What's the correlation between real-estate and virtual-estate? A picture is worth a thousand words.