One of five priorities in China's 14th 5 year plan include pledges to peak carbon dioxide emissions by the year 2030 and at the same time, venture into green energy as an alternative energy source. Ganfeng Lithium - One of Tesla's lithium battery supplier - has been benefiting from this trend. On the daily, we can see that Ganfeng has formed and broke out of the...
XIAOMI broke above the descending trendline, more upside! It might retap the trendline before further bouncing ! Our pivot happens to be where the 50% fib retracement and the EMA (34) support are !
After the re-accumulation at 26500-26000 in December, HSI rallied all the way to 30k before climaxing. Volume was very low throughout and the move appeared rather laboured which was unlike the markups/downs i have witnessed before in HSI . We again saw good amount of buying in couple of weeks before the holidays. Price has now broken out of the top of...
HKEX:HSI1! HSI1! 2021 FEB 15 Week Weekly, Daily, Current TF = Shortening of thrust Last bar price advanced on weaker volume. If story were to repeat itself, per price action at resistance 1) short if next bar close below high of bar A 2) breaks current resistance, rejected and comes back into resistance, preferably below high of bar A 3) Immediate...
Noticed a social arbitrage opportunity where no one knew that Ark Invest bought enormous amounts of PA Good Doctor (SEHK 1833). Hence, I got myself a full position at $109.3. I believe when North & Southbound trading opens up this coming Monday, SEHK 1833 will have more room to run. Look out for a breakout of all time high at $135 supported by large volume to take...
Price correction and accumulation for Xiaomi, short term correction-accumulation and medium-long term bullish!!! ATH LATER
Just want to log a model projection for the Hang Seng Index (HSI)... To the green ellipse and then to the red. HSI is very bullish, and would continue to be so, apparently in a multi-year fashion. Deep retracements provide opportunities, but we need to draw the lines and know when to take action. Meanwhile, just enjoy the ride... Asia it is, and Honk Kong may...
HSI overbought on a triple top. Could break out and get pumptarded anyways...
HSBC might see trendline breakout, more upside ! Strong signals to buy if price could break this trendline, a higher high could be expected from here!
Read this important news here !!! Take some profits if you have been averaging up like me and then wait for the price to come down to the 2 levels I have stated in the chart : 1. 680 price level - here I would buy a bit 2. around 632 price level - here I would buy more (this is where I think a potential H&S pattern will be formed)
A clear breakout from descending trendline confirms the upside ! More upside but try to get a good entry point!
The stock market is a game of demand and supply, buyers and sellers. When one side weighs heavier than the other, they win and vice versa. In the case of this IPO, Kuaishou (read here , here and here ) For a moment, suspense your role as a trader or investor and put yourself living in a rural village and the chance to get out of poverty , fame, money ,etc...
Sunny Optical 2382:HK has pulled back to hit its 10 day MA which it has historically respected. It also happens to converge on the bottom of its regression trend channel at $210. There is currently some indecision in the market, but if it trades up tomorrow, it would be a good time to get in, with an initial TP of $223.40 where you might release half. I expect...
Greatwall Motors 2333:HK has been unstoppable since as early as last July. It's made a pullback over the past month. It has bounced off support of 23.15, and has just broken through resistance of 25.50. If it is to follow the current trajectory, there should be a quick 10% rebound in the coming days to next resistance at 28.30, with a medium-term TP of...
I seldom made any recommendation about companies in Hong Kong, but I just accidentally observe a great setup with HKEX:1299 which I think could be a great long target in short term. I dont think we need any introduction of AIA, one of the largestest insurnace giant in the world. Its stock price has trading within the same 20% range for almost a year. Since...
Geely Automobile Holdings Ltd. is an investment holding company, which engages in the research, production, marketing and sale of sedans and related automobile components. It operates through the following geographical segments: People's Republic of China, Malaysia, Eastern Europe, Middle East, Africa, Central and South America, and Other Countries. The company...
The Xiaomi shares lost close to 23% of its value since 5th January 2021. Investors are a bit insecure because of some bad news during the past weeks. The USA put Xiaomi on a blacklist, which means that Americans will be banned from buying the shares. Furthermore, there is is a problem with the latest mobile, launched on 8th February 2021. Apparently, the problem...