Together with its stellar earnings growth and economic recovery, the dilution event maintain's its liquidity, this is destined for more bullish movement. Long Long and away.
All the Chinese indices are breaking out. Most importantly the Shanghai A 50, similar to Dow Jones 30, is breaking 5 year top. But here I am using the more available CSI 500 which can be similarly effective. 1. We knew China Economy has been growing like wild for years if not decades BUT Chinese stock markets are NOT reflecting that. 2. Chinese and Chinese...
Big investors have bought, and the market will rise in the coming days
Shangai Enterprises index followed the path predicted on our post of April 5 and reached more than 20% of gains since then. We should see a mild correction before the index reach the end of this wave C up at around 2,365 to 2,731. If prices crosses down 1,935, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
nonferrous metals ETF better than brokers ETF 512400/512000=0.64 @ Jul 6 2020
Shares are breaking out to the topside of a long term triangle pattern Long term bottom established at 2650 support
Top traders enter the market as Buyers, I recommend buying
Hello traders, I rushed a bit and didn't express the idea precisely. Here is the updated chart. The three rising valleys has been completed before so the falling wedge is the only pattern to pay attention to. The following facts still hold: 1. Triple bullish divergence . 2. Forming a falling wedge as a continuous pattern of a bullish trend . 3. This chart is...
Good morning/afternoon/evening traders, FUYAO Glass has flipped the long-term resistance into a solid support level. This one could give us an EXTREMELY lucrative trading opportunity based on the following facts: 1. Triple bullish divergence. 2. Forming a falling wedge as a continuous pattern of a bullish trend. 3. Three rising valleys that might give ~76%...
Big hands entered to buy the market( algos treding) , I advise you to buy as well, because it will continue to rise next week
The index reached the target aligned with our forecast post of June 1st. We may see a small correction, before the index continues its uptrend path. FOLLOW SKYLINEPRO TO GET UPDATES.
As predicted in our April 5 post, Shangai Enterprises is tracing intermediate wave C of primary D of a contracting triangle. Next target is minute wave iii at the most probable level of around 2,093. If the index crosses down 1,832, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
Traded on the Shenzhen exchange, Double Medical Technology engages in the development, manufacture and sale of orthopedic devices, wound management, neurosurgery, and general surgery products. Might be overpriced at the moment so I have set an alert for when the RSI drops back below 70 to see if I can buy at better value. Certainly having a great run to date and...
Apeloa Pharmaceutical Co., Ltd. engages in the pharmaceutical manufacturing business. Its products include Active Pharmaceutical Ingredient (API) intermediates, Contract Research and Development and Production (CDMO), and Formulation preparation products. The company was founded on May 6, 1997 and is headquartered in Jinhua, China. Might be worth a watch.
Listed on the Shanghai Stock Exchange, Autobio Diagnostics Co., Ltd. engages in the research and development, manufacture, and distribution of clinical diagnostic products. It focuses on immunoassays, clinical microbiology, and instrumentation. The company's products include clinical laboratory improvement amendments, enzyme-linked immunosorbent assay,...