It lost support so I think it's a short here. This is not financial advice.
1H MACD and KDJ both showed signals to long (longing from 57.14)
1D MACD and KDJ both showed signals to long (longing from 74.3)
Good Earnings going on, Fundamental and Technical good , So Target 1575 , Duration 1 to 6 months........
After 4 retests of the trendline the price enters a bullish channel which could continue for several weeks or months. Here, we are really in the long-term investment.
A fibonacci retracement + trendline breakout and we are over the fifty RSI's zone.
After several bounces on the trendline, I rather see an increase in the short term but for the long term it remains mixed. Perhaps the appointment of the new president will restore momentum to the stock of the company in the long term.
Strong acceleration 14 june, then a small stagnation, if we have a rebound of the moving average we buy.
Breakout of the trendline, pull-back already made, RSI above the 50 zone and 50 period moving average in support: very high probability of an increase.
the 50 moving average seems to want to support the price over the last 13 candles after the breakout of it with force on March 28, 2022 and the RSI resumes acceleration, gradually approaching the neutral zone. If we break the trendline and we position ourselves above the 50 zone of the RSI, we go buyer after the pull-back.
A few rebounds on the support zone of 4.85 and 5.00 then breakout of this support zone on July 5, 2021 and we have stagnated until now. The RSI is in divergence from the market and is above the neutral zone.
Thanks for viewing. I'm not a trader in SSE, or an investor. General bullishness since December 2018 has recently been met with some strong resistance and selling pressure. Apart from finding myself here after reading the news today, where the commentator predicted more "risk" in the market, I don' really track this index. I'm not a follower of the fundamentals...
This China index confirmed its completion of ABC when lockdown ended & their economy resumes. It has risen so much from the ABC correction low of 2888 & we may see wave 1 topping out with a diamond reversal pattern. As seen in the past 2 times shown in chart, a diamond can be either a reversal or continuation pattern so proceed with caution. Reasons why I see...
This looks like an impulsive move up to me but perhaps it is approaching a 5th wave completion soon. One to watch after a correction?
Reversed W pattern, pull back already done. So wait and see...
Towards the vertex of an isosceles triangle... Maybe Seller, Maybe Buyer... Buyer if we cross 4007 yen. Seller if we cross the 2680 yen.
Here I have a doubt, two possibilities: 1/ a rise after the breakout of the trendline and a pull back. The RSI is above 50. 2/ a drop after the retest of the trendline and the 50 moving average.
We have broken the trendline with a big red candle and a pull back. I think the RSI is set to bearish so I'm going for a long term sell.