Star Stock Watch - 10Dec2024Viva Biotech - One to watch for 2025.
Time for reversal and possible explosion in price.
Note: This is not a recommendation or investment advice, just a stock to watch. Do your own research.
Accumulating more of this company, MeituanAlready the market leader in food delivery in China, this amazing company is set to grow further. Inflationary or deflationary environment, people still have to eat and at today's 10-20 set meal being pushed out , the consumer's review on its platform become a first seek out approach to eating out/in. On top of that, people are also using this app to order travel tickets , concert tickets etc.
I am equally excited about its investment in the drones sectors where it would replace some of the manual delivery workers in harder to reach destinations - mountaintops, rural villages where it is difficult to travel by road.
I hope it would come down to the accumulation zone so I could add more shares.
Please DYODD
good high dividend optionchannel bottom, and possibly bounce back with HSI, good to have, better than deposit.
Channel is clear, time to longThe channel is up and been confirmed for long time, the dividend is good, the price is stable.
Electricity usage increases yoy, the fee charge is also increasing.
Nowhere to see why not buy and hold
JD Health set to make a move?Digital Health is on the rise ...with funds allocated toward E-Med endeavors growing rapidly.
It is tipped that artificial intelligence will play a key role in the development of industry wide efficiencies, with many advancements occurring over the last 12 months within the Medical Technologies space.
One contributor to the developments in Medical technology is JD Health International HKEX:6618
Here's our price guide:
Bullish Continuation Potential above $30.25
Bearish Continuation Risk below $26.55
Although our official momentum reading has not yet switched to bullish, we will be watching this one closely...
We're inspired to bring you the latest developments across worldwide markets, helping you look in the right place, at the right time - We will continue to monitor the Digital Health space in the event there are any rapid changes.
Thank you for reading! Stay tuned for further updates, and we look forward to being of service along your trading & investing journey...
Please note all information contained within this post is strictly for informational purposes only and is not intended to be investment advice. Please DYOR & Consult your licensed financial advisors before acting on any information contained within this post.
Love & Wisdom,
388.HK Stock option Short Put idea for Dec 2024Hello Trades,
The Hang Seng Index experienced a single-day rebound in the days before and after the settlement, with significant increases in most constituent stocks.
We are deploying a Hong Kong stock options strategy for next month.
We will use the Hong Kong Stock Exchange as the center for our options strategy.
We see that the stock price of the Hong Kong Stock Exchange is currently in a consolidation range on the weekly chart.
The strike price is between $260 and $290.
CNOOC Limited (1D): Bullish trendI believe CNOOC Limited is currently in price consolidation. After experiencing a downward journey lasting one and a half months, the stock has reached a strong support zone and is showing signs of reduced volume.
Entering at this level offers an attractive risk-to-reward ratio. If my analysis is correct, using the upper yellow line as an exit point would be the optimal strategy.
Feel free to share your thoughts! Wishing you success in your investments.
Who can accept a 97% fall from share price ?This monthly chart paints a gloomy view of the many property developers listed in China, all crippled with huge debts. They won't be able to survive without stimulus help from the government and that could take a very long time.
Price is now back to its 2011 share price, pathetic and humilating to those who had invested in these companies......It is a double whammy if you already lose value over your physical property + money in the shares of these developers. In short, stay away from this sector, I expect more fall in property prices in the coming months.........
Low price is DEFINITELY not a reason to buy coz you could be holding on to these shares for an ultra long time. Yes, you may argue that it could be a turn around company since the government wouldn't let it go bankrupt but neither would the share price recover as well to its glorious days.
Would you want to buy the property that is depreciating in value ?
would you want to add property sectors to your portfolio?Now, everyone has different investment strategies, time horizon, perspective about market, etc. We all know that Warren Buffett is the world's leading value investor yet he invested in many sectors that are tough to analyse like Oil and Gas, shipping, etc
Property sectors in China had its glorious days for several decades but it is over, imo. (at least the next few years). Unless you are looking at the Tier 1 cities like Beijing, Shanghai, Guangzhou, it would be pretty tough to make good capital gain out from investing. With declining population, aging population, families that choose to have lesser children not more , how are the excesses going to be filled up? Look at this counter ,Hung Lung Properties. Had you invested back 20 years ago and held the stock till now, you are losing money due to inflation and note that it is coming back to the support level . Would it goes below? Possible ! Do not think that it must rebound based on any support level and can it rebound for a short few weeks and then crashes again ? Possible. That is the best part of investing, nobody can foretell the future.
But you as an investor can choose which sectors to invest. Property sectors are cyclical and the developers are always at the mercy of the government's plan in terms of land , how it is going to be used, etc.
Now compare it with one of the largest developer in SG- CDL - see the similarities?
Yes, some of these developers do pay high dividends like 6-10% but unless you have cash to burn and is ok for decades not to see your capital appreciate , then maybe you can select these counters.
Think again, if you are in your 20s , yes you can afford 1-2 20 years to see if your prediction is right . But for those who are already in their 40s or 50s , would you want to see these counters perform when you are in your 60-80s ?
Plese DYODD
Did it comes as a surprise that guys are popping in to Popmart ?There were many on social media voicing their opinions why are so many people crazy over these figurines? Some said it is overpriced and others mentioned fakes are coming up just as much when there is a new launch. It seems to be a global trend right now though not sure how long it will last.
It differs from other toys in that the company seek our famous and emerging artists to design these toys so you can say they are limited series or unique pieces. Collectors are crazy over them, willing to pay high price or queue for hours to get their hands on it.
I read an article somewhere that says the Gen Z who works in the office will prefer buying these toys to decorate their cubicle than plants. Is this true ?
I am awaiting for the price to retrace more before nibbling.....
Alibaba: Beware of potential moveAlibaba is at a price point and wave structure where it could be either a potential strong reversal or a crash.
If i have to call a side, I am more bias short because I think global equities are ripe for (short) harvesting. The stop loss that I put in this idea shows that I am cautious about being wrong, but as you can see, it is not at any obvious resistance, showing my short bias.
What catalyst can drives Tencent shares ?Nov 16 2022 will be its Q3 earning report. You can choose to buy before or after depending on how comfortable you are with this company.
The China Tech stocks have been badly bashed due to the regulation clamp down. But, the business model remains strong. Let's be patient as the 20th CPC National Congress will end this week and we can expect to hear some positive news about where they are going to put their focus on moving forward.
I believe the digital economy has a lot of potential in China and more room to grow given the support of the Chinese government.
Please DYODD.
Hong Kong Properties - Gloomy Days ahead Read latest news here
Property investment is a capital intensive game and the waiting time is much longer compared to equities. Those who bought into HK properties 2-3 years ago and if they are selling now are likely to incur heavy losses. But they have no choice especially if they are speculators , hoping to flip the properties for a quick gain.........
Heard the 10am package is not fantastic, so no hurry to chaseHmmm, was expecting some sort of fireworks this morning, a little disappointed......who knows after 10am when they released the news. But I heard it is not so great, so analysts may provide more take profits call, selling while many retail investors in China (1st day returning to work after the Golden Week) have yet to get their account open.
I am already vested in this Bank and earning good dividends since 2022 though the price has fallen quite a bit then.
No need to FOMO and waste your bullets.......
Please DYODD
Baidu - what a disappointmentAfter more than 40% super rally beginning from 24 Sept 24 where China first announced its stimulus, the whole world sits up and was surprised by its parabolic rally. In a week or so, this stock has went up 40% much to the delight of short term traders who bought options or went in for a quick buck (provided they left at the peak)
Now, you can see the current price has gone below where it was from 24 Sept, which means anyone who bought this company shares after 24 Sept are sitting on pretty high losses........
It is very likely for it to revisit the 80 dollar marks at the rate the price is falling..........
If that happens, it would make a nice triple bottom (maybe) before we see a possible rally.
I did share I am not vested in this tech company despite owning Alibaba, Tencent , Meituan ,etc
()
Important buying level for Alibaba - 9988Yes, it is sad to see what a nice rally for the China an Hang Seng market only to see it tumbling back down day by day , week after week despite the recent 10 trillion measures to curb the local government debts and property market.
Apparently , many analysts feel the CCP has not release sufficient stimulus to shore up the market and the tech stocks , very much undervalued compared to its counterparts in US are still being sold down.
I will be watching this level closely as we are coming to the end of 2024 and the CCP is running out of time to hit its 5% GDP target and failure to shore up the consumer confidence, the stock market will remain sideways or slowly come down ..........
On one hand, I am thinking the efforts and face saving of the Chinese government, will they give up half way now that the whole world is looking at them? Plus, President Trump has only 4 years to run and knowing he would not be re-elected thereafter, he is going to go all out to save America and create history for himself.
CCP is now in a desperate situation much like the ants in a frying pan , it has to think of creative ways to boost the market or risk losing the confidence of its people, international investors further away........
Why I am accumulating this stock ? 9988To the many institutional and retail investors out of China, Alibaba is a well known made in China brand. Jack Ma is often seen giving speech in the western countries in the past and so naturally , retail investors are familiar with this company.
I spoke about stickability before and brand recall is important when time is of essence. Like now, when all the rage in town now is talking about buying China stocks. Naturally, BAT (Baidu, Alibaba and Tencent) , three giant techs of China will be highly sought after much like the magnificent seven in US.
Please DYODD
JD.COM, I am adding more to accumulateAccording to this article here :https://markets.businessinsider.com/news/stocks/jd-com-2024-singles-day-mid-festival-report-double-digit-growth-in-sales-orders-and-user-numbers-1033940704, they are doing pretty well for this Singles Day with almost all its sector expanding and recording good growth.
While it is anyone bet who is going to win the US election and how it will affect the stock price of Chinese companies, I think I would like to add more so long as it does not retrace back to the bearish trend line ( quite unlikely though possible)
To constantly want to catch the bottom price for fear of paying slightly more, imo is a short sighted move since share prices can be erratic in the short term.
I believe the forthcoming stimulus of 10-20 trillion by the Chinese government would help to propel the share price higher.
Please DYODD
Buy 0883.hk CNOOC LIMITED @ HK $18.1Buy CNOOC here due to the following technical and fundamental reasons:
Technical
-50% Retracement of the last move up
- Support at 50 Day moving average at about $18.00
Fundamental
- 2014 Forward PE ratio of 5.5
- Growth in South China sea fields.
- Recent China govt policy support of the stock market
- Highly supportive dividend yield of 8%
- Strong balance sheet
- Still a very solid production growth outlook
Risks
- Extreme geopolitical tension may cause foreigners to be blocked out of trading Chinese equities, even if listed in Hong Kong (Like happened with Gazprom)
Target: HK $28 within 1 year
Stop: HK$ 15.00
Risk / Reward: 1:3
1952 - 2 years ASCENDING TRIANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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Correction StartedI'bve just sold some Xiaomis. Not that I would no be convinced of the company. I think that they have a great future.
But for over 2 months we saw a parabolic rise that has not been completely corrected yet.
I think that the market has to be cleared before new rises and that there is still room for some drop.
How to capture this kind of move ?A follower asked me how to capture stocks move like this ? My answer is I don't know coz it is more speculative than fundamentals.
In the world of securities or brokerage firms, it is hard to have an economic moat. For example, I am using Webull, Moomoo and Tiger brokers in SG for a simple reason - cheap transaction fees and diversification. But I do not own shares in any of them.
It is due to the massive stimulus offered by China government and many hundreds of thousands newbie account holders rush to open a trading account with these brokerage firms. Naturally, sales increase especially over the last two days when the locals are back from the Golden week holidays.
Those who like speculative , quick gains and can take the emotional roller coaster ride may enjoy such trades but not me.
Just like swimming, not everyone is into 50 or 100m sprint but rather enjoy the slow, relaxed longer swim that could clock 1000-3000m. To each his own and that goes for the stock market as well.
