After 4 retests of the trendline the price enters a bullish channel which could continue for several weeks or months. Here, we are really in the long-term investment.
Please DYODD Many of these stocks are not covered by analysts
A fibonacci retracement + trendline breakout and we are over the fifty RSI's zone.
After several bounces on the trendline, I rather see an increase in the short term but for the long term it remains mixed. Perhaps the appointment of the new president will restore momentum to the stock of the company in the long term.
Strong acceleration 14 june, then a small stagnation, if we have a rebound of the moving average we buy.
Breakout of the trendline, pull-back already made, RSI above the 50 zone and 50 period moving average in support: very high probability of an increase.
the 50 moving average seems to want to support the price over the last 13 candles after the breakout of it with force on March 28, 2022 and the RSI resumes acceleration, gradually approaching the neutral zone. If we break the trendline and we position ourselves above the 50 zone of the RSI, we go buyer after the pull-back.
A few rebounds on the support zone of 4.85 and 5.00 then breakout of this support zone on July 5, 2021 and we have stagnated until now. The RSI is in divergence from the market and is above the neutral zone.
Thanks for viewing. I'm not a trader in SSE, or an investor. General bullishness since December 2018 has recently been met with some strong resistance and selling pressure. Apart from finding myself here after reading the news today, where the commentator predicted more "risk" in the market, I don' really track this index. I'm not a follower of the fundamentals...
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...
This looks like an impulsive move up to me but perhaps it is approaching a 5th wave completion soon. One to watch after a correction?
1H MACD and KDJ both showed signals to long (longing from 64.50)(short term)
000001 is now in a weekly symmetric triangle and is gonna boom up. The channel is a bottom sign and well if the Chinese stock market is not controlled by the government, I think we can buy the ETF or any single stock we like.
If the price action in the chart reflects correctly, then this could be the bottom for the China property sector. The peak happened a year ago in March 2021 where the price was highest at 34.56. The past weeks candles tell me there is a tug of war between the buyers and sellers. $22 seems to be a pretty strong resistance so we need to break above that for a...
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...
When crossing the price level 1, I consider the following options for the price movement up, differing in the depth of the corrective price movement down. Detailed trading information (forecasts for all assets, entry points to the position, opening time, STOP LOSS) is available by subscription @TradePrBot.