Major 30 year bull trend line seems to be respected. Though... many lines crosses here as well. It is a very narrow band with to, each now either up BIG, or down BIG. All other chines indices indicate somehow the same for BIG up or BIG down. Im at the short side... Will see what happens here.
Suning already got a 6 years bottom. That means it's will group up (possible) until the past 3 year's middle price.
Read article here This ETF has just broke out of its bearish trend recently since 2021. This Act will drive further demand for its products as components become harder and perhaps more expensive to get from USA. Think shortage of pigs and driving up hog price .......
Time to short. It had broken the triangle and fall apart. Now seems its dead-cat bounce end. We can expect support at 700 RMB. Good income-return ratio.
See chart. Banging on domestic tourism, hospitality sector picking up, Covid-19 situation improving, PMI data improves, possible US- China trade tariffs lifted soon , Central government determination to shore up the economy, urbanisation rate increasing, more people returning to work
ladies and gentlemen , i recommend you to buy until the target SSE:601318
Potential factors to consider: 1. COVID Ease; 2. US inflation is getting under control. 0.3 % behind the forecast as reported yesterday. 3. Chinese New Year 4. Taiwan is just a noise Just my thoughts, not an advice at all. Regards, Asky
Hello ladies and gentlemen, according to my chart analysis of the CHINA STOCK 002594. Elliote wave compeleted And wave A correction completed too. Not only that but we have retest on the 62% fibonacci. There is a high probability of an rise in the next few weeks. For more details contact me.
SSEC update. today the market finished it's time square, and entered to a new time square, let us what will happen on 21th DEC.
Shanghai base line + upper & lower devs. SSE may need to search for a bid below black line
Demand in Shipping Oil/Energy is strong in the European Market. Stron Earning Growth Q/Q
A follower asked for my analysis on this Company - GigaDevice Semiconductor. It is currently residing at 82.99 price level and we can see it may find support at 77.19 level. Here, it is likely to consolidate for a while before deciding to break out from the bearish trend line and rebound or heads further south towards 58 price level. No hurry, check the price...
SSE ( Shanghai Stocks Exchange ) index probably now as “leading indicators” for world’s economic not US anymore..As its index “crashed / bottomed” much “earlier than US markets like its individuals stocks e.g BABA, Tencent, Xiaomi, NIO etc..
The sellers break the daily support with foce so 80% the market will go until level 945 CNY SSE:600519
Hello, according to my graphical analysis Of The BANK OF NINGBO CO , there is a high probability of drop in the coming weeks.
If Winter comes, can Spirng be far BEHIND? SSE has endured a long time of disappointment. However, with the chart pattern - triangle, there is a large possibility that SSE will begin a bull market in the middle or end of 2023. The target is really high and personally I recommend to show hand on this.
Ostensibly SSE in a macro triangle formation. In this scenario we typically find peaks at 786 relationship of one another, At times we find the last leg falls shy of the 786. ** Please not the idea conveys only a potential pattern and how it may complete, and is not intended as a projection of future price action which relies on many factors that patterns and...