2021 has been insanely a difficult year of US investors invested in Chinese stocks due to the uncertainty revolving around the Tech crackdown, stock delisting, etc.. While the US and India market have been on hyper bull run, Chinese stock holders have lost more than 50-90% of their investment. Example, BABA is more than 60% down, education stocks GOTU & TAL are...
The Hang Seng Index is trading around the lower boundary of the long uptrend channel & looks poised to test support around the 22,000 level. A dip towards the Covid intra-day low 21,139 may not be out of the question given that 1,000 point intra-day moves in the HSI occurs frequently enough. A critical level for me would be 23,150. I would establish a short...
Comment : HSI has falling since the highest in February 2021, and it has reaches trend line in monthly chart that begins from August 1998. It has either touch n' rebound or breakdown n' rebound in : - April 2003 - March 2009 - February 2016 - March 2020 - March 2022 (will it be reverse the falling trend successfully?) DISCLAIMER : Analysis above SOLELY...
Comment : Expecting a short rebound coming, the risk here is higher than reward as long as FundFlow+ indicator remain negative. Rebound condition : 1) Oversold - Oversold (turquoise-color) is passed over 2) FundFlow+ indicator - Fund flow turn upward, it would be great if breakout MA5 3) Tricol+ indicator - no banker sentiment bar (RED) Support &...
HSI remains one of the most hotly traded index , imo. For those who are keen to do short term trading, there are many opportunities available. It piques my interest as I love Chinese stocks and watching this index going through a roller coaster ride over days, weeks , months and years reveal opportunities/gaps that can provide some form of monetary gains. Of...
========================== ====== DISCLAIMER ========== ============================= This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour And we do not be responsible for your own loss Also, the...
========================== ====== DISCLAIMER ========== ============================= This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour And we do not be responsible for your own loss Also, the...
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========================== ====== DISCLAIMER ========== ============================= This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour And we do not be responsible for your own loss Also, the...
Rebound condition : 1) Hang Seng Index candlestick has reached to Level-1 of Raising Stage (D) and pull back. It has now reach W-Bottom neckline (N1) and rebound 2) FundFlow+ indicator - Broke down 5-day MA, it will be better if BO above 5-day MA 3) Tricol+ indicator - banker sentiment bar (RED) fall below 10-day MA Support & Resistance: S : W-bottom...
Looks to me like it needs one more day then reverses. Might be worth going long since China gets pumptarded really quickly. Watch it tonight. We know they're still running their algos.
========================== ====== DISCLAIMER ========== ============================= This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour And we do not be responsible for your own loss Also, the...
HSI filled teh gap as expected. I didn't go long because I was waiting until MFI got oversold and it didn't get there. China cut interest rates, so I'm not shorting either. No further updates unless there's a play to be made
When will the market recover ? When is Alibaba going to turn around? When will the Central government of China stopped all these regulations tightening and all ? OH, I wish I have a crystal ball and provide you with the answers but I don't. Go to youtube and you will find many fake gurus telling you to buy this asset, do this business, attend their webinar and...
Came off of overbought conditions, but I think it's melting up. It's too close to this open gap to not fill it. Plus Asia always goes up on Fridays. Wish i had held my PDD puts though.... bought i bought SNAP puts with that money so I'm OK, lol. Do not recommend shorting until lat enext week, maybe next Wed.
I mentioned this last week, and now it's overbought. We'll see what happens tomorrow.
========================== ====== DISCLAIMER ========== ============================= This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour And we do not be responsible for your own loss Also, the...
Not sure why I'm responding to a troll, but here's the reason why I track HSI.... The orange line is PDD. I don't trade HSI futures, PDD options have better return. BABA chart is similar.