Hsi can breakout from this consolidation any moment now. If it breaks down then going Long below the previous swing low at 17500 is a no brainer. Give your trade some room as they may try to hit the SL below 16800. If it breaks up then we will have to watch the resistance to higher prices to determine if the market has bottomed and is starting a big move up or...
The last signal to buy on this strategy was given September 15. The price of the asset at the time of entry into the trade was 61.4. Our goals for this trade are as follows. Take-Profit is set at 122.8. and Stop-Loss Order at 52.2 At the moment, the price is moving well in the signal direction, and we we have already had a profit of 2.61%. By the way, this...
Volume is highest between 18000-18500. This is where most of the buying is happening. Expecting consolidation for few days, maybe whole of this month.
Welcome. According to my analysis of Xpeng stock. There is a good buying opportunity as the stock exits the sideways channel in which it has lived for a long time. The stock is emerging from negativity now, and large levels can be seen in the coming days
Market back between the blue lines as expected. Selling and buying both strong so expect some zigzag. Lower prices to come.
we've seen this before from LEHMAN to thw GOLD market and recent covid market crash we await government intervention or a white knight to take over and flip this back to normal Primary objective is to stop the bleeding should be a good speculation stock at sub $1.0 towards $.85 .69 cents
WIthout the government stimulus, I think many of the Chinese Developers would go bankrupt.... Country Garden, the largest developer in China has peaked in 2018 at 18+ dollars and todate, it has dropped more than 97% of its share price to recover at a miserable 2.83 dollars. Financially, it is still on very shaky grounds as no one knows how long is stimulus would...
Rally from here may very well go on to make the new ATH. Go Long below one of the 2 lows and hold onto this one.
Day trading the Hang Seng Index...explanation of the two trades for the day and the price action that led to the setups. I talk through my approach to Day trading and how I use the indicators along with how to Manage the Risk while in a trade. ** If you like the content then take a look at the profile to get more daily ideas and learning material ** **...
On August 21st, the 1-year Loan Prime Rate (LPR) was lowered from 3.55% to 3.45%, while the 5-year LPR remained at 4.20%. On August 15th, the Medium-Term Lending Facility (MLF) rate was lowered by 15 basis points (bp). The market had anticipated a 15 bp reduction in the 1-year LPR rate and a 20 bp reduction in the 5-year LPR rate. However, there isn't a clear...
Read this latest article here The main culprit can be attributed to the central government crackdown on the tech sector which almost kills the likes of Alibaba, Meituan and other listed tech companies. They have all suffered a fall in share prices of 50-65% from its peak. In Tencent case, the withdrawal of its largest shareholder sent shivers to many retail...
In July 2023, the year-on-year decrease in the Consumer Price Index (CPI) for residents in China was 0.3%, while the month-on-month increase was 0.2%. The Producer Price Index (PPI) for industrial producers in China showed a year-on-year decrease of 4.4%, and a month-on-month decrease of 0.2%. The cyclical fluctuations in commodity prices similarly affect the...
HSI overall looks weak BUT tencent at support level. Good risk/reward Pink line SL Blue line tp. Can take 2/3 TP and let 1/3 run and adjust SL to entry price when move to blue line
On the above 10-day chart price action has printed a 500% move since September last. Now is a excellent short opportunity. Why? 1) Price action prints at macro resistance 2) Price action prints a bearish engulfing candle 3) Broken RSI support. Is it possible price action continues higher? Sure. Is it probable? No. Ww
Read the latest articles here , here and here The weekly chart shows all 3 EV companies have broke out of its weekly bearish trend with Li Auto reaching its previous peak yesterday. The EV market dominated by China is one of the pillar that it wants to focus in the coming decades as evidenced by the extension of the NEV tax reduction (read here ) If...
Hello, according to my analysis of HKES stock, there is a good buying opportunity as the stock broke the descending channel. With a breach of the strong resistance level at level 323, with a very positive green candle, which indicates a strong entry for buyers. Good luck everyone
Introduction: Investing in the stock market can be an exciting venture, but it also comes with inherent risks. As a beginner investor, it's crucial to arm yourself with the right knowledge and tools to make informed decisions. One of the fundamental aspects of analyzing a company's financial health is understanding its balance sheet and income statement. These...