Read this latest article here It appears that ample notice was given to greedy investors who bought excessive properties to turn around for quick profits and were caught with huge debts as the share price of this big property firm starts to collapse........... From 2009 to 2017, the share price was moving sideways, pretty boring and lack a strong buying...
Looking a the weekly chart of 3067 ETF , we can see that it was down by more than 70% from its peak of 22 dollars in 22.02.21. Two years later, it has offered me a good buying opportunity. If you see the components of this ETF, there are way too many companies that I personally would love to buy like BYD, Baidu, Tencents, Netease, etc. But, this would comes at...
30th Oct 2023, the stock has made an increase and then the price sideways for a few days. On Nov 2 and 3, 2023 appear Sharks (yellow bars). The appearance of Sharks during the sideways price is a signal to the door "TAPAK JERUNG" in the EPRAF indicator. Let's watch the action of 853 next week.
Hi, according to my analysis of Xiaomi shares. There is a wonderful investment opportunity with the stock breaking the support at level 11. And breaking the descending channel with a very positive green candle outside the pattern indicates a strong entry of buyers. good luck for everbody
One of the few wind energy companies that has no loans. The down channel seems to stop.
From the peak at 22,792 in mid February this year, we are now seeing HSI entering into a bear market territory currently. Some said that the selling has been excessive and possibly a rebound is near the corner due to sellers' exhaustion. Effective Sept 4 this year, we will see Country Garden being deleted from the HSI after missing payments on its bonds. Since...
Good volume has arrived over the last 2 days. Not totally convinced that Long term bottom is in place but for next few days/weeks, HSI should make its way up towards the top of the parallel channel. Resistance will come in at 17500, 18000, 18500 and 19000.
The bears have now pushed Geely stock back below its March low. This confirms our primary scenario that the stock is in the final phase of the overarching gray wave II from the high of the magenta wave (B). This move should now be advanced to the green target zone between HK$7.80 and HK$4.12. With the low placed, the price should then move significantly higher.
Move down Today seems to be a breakout from the Triangle. I expect Oct 4 Low to hold and a strong move up towards 20k starts here.
The Hang Seng Index is currently in a strong rise. As the yellow trading range between 17 424 and 15 571 points has already been approached, it is quite possible that the low of the magenta wave alt.(2) has already been set. We give this scenario a 40% probability and it would become our primary scenario if the resistance at 18 898 points is broken. Until then,...
The week stated with stock markets facing pressure due to a violent attack by Hamas on Israel. The involvement of other players, notably Iran suspected of aiding Hamas, has raised concerns of a potential full-scale conflict, prompting the United States to dispatch a squadron of warships toward Israel. Consequently, global markets are grappling with heightened...
Start Buying. HSI at the start of at least multi month may be even years of uptrend.
MGM CHINA forming a consolidation after moving 3X from its 52W low,
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Good look for #zinc, consolidating just under recent resist (blue) and weekly EMA30. A break past that (plus completed back test) would be good confirmation of a {stage2} breakout.
1. Clear all drawings and indicators. 2. A horizontal resistance level, price reversed at here to form a false break (React Don't Predict). 3. Add BandofMidas from indicators. Use Midas factor of 9. (suitable for this chart) 4. Price fall into Midas zone and reversed. Midas signal came out today morning on 22Sep2023. 5. Midas trend line still in white. Hold...
Those who hit the bullseye below previous swing low can book profit around 19k. Bottom not in yet. More consolidation and lower prices to come over the next few days/weeks.
Hang Seng got rejected on the 1D MA50 two weeks ago and is headed again to the bottom of the Channel Down pattern. The 1D timeframe turned red again on its technical outlook (RSI = 41.280, MACD = -221.700, ADX = 20.498) and this is becoming a buy opportunity again. Every prior rise inside this Channel Down has been at least +10.90% so the one that started on the...