Price has been consolidating in a wedge pattern. Upper trend line is possible neck line of inverse head and shoulders pattern. The fear about China seems to conincide with bottom.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 17/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our...
YINN is a 3X leveraged bullish ETF of Chinese stocks. As can be seen on this one hour chart, YINN has jumped nearly 30% since the beginning of the moth. On the chart is a moving average ratio indicator ( with settings SMA7 / SMA28 ratio ). When the ratio crosses the zero line, the shorter average is rising faster than the longer average demonstrating...
YINN is shown here on a 15-minute chart. It had several good NY sessions in a row adding about 4% daily. In the last session however, it had a 3% pullback to its present price. Fundamentally, the Chinese central bank in just the past few days, lowered the prime rate something the US fed has been unwilling to consider. There can be little doubt that this will...
Plan A: Sell Put Option $35 monthly (4 weeks ~ 30 days) to earn premium income 4-5% the collateral fund. Plan B: I'm willing to hold YINN $35.00 for long term and write cover call to earn 4-5% premium income every month + dividend income. $35 is the Order Block (OB) level in the Weekly TF.
I'll admit I am hopeful this trend continues and does not break downward. We shall see
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 45.4/61.80%
H&S is formed, and its heading to break Fib Resistance, 49.50 is what we are waiting for.
"Continuation Wedge (Bullish)" chart pattern formed on Direxion Daily FTSE China Bull 3x Shares (YINN:NYSE). This bullish signal indicates that the stock price may rise from the close of $45.07 to the range of $59.00 - $62.00. The pattern formed over 28 days which is roughly the period of time in which the target price range may be achieved, according to standard...
The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, exchange-traded funds ("ETFs") that track the index, securities of the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The...
We have seen this before, now ending and consolidating the uptrend, should be continuing going up, 65% from here, and lets see if break the channels.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 41/61.80%
If you was looking when to buy, maybe this is your chance, inclusive Michael burry is Buying chinese stocks, the only one difference between the Michael Burry strategy and this option is that $YINN have shares from the chineses companies in the origin market, so, if there is some problem with the chineses you will be fine.
YINN the China Bull EFT has uptrended dramatically of late however it is far extended above its moving averages while the RSI indicator shows decreasing strength as a divergence. Price rise is hitting the resistance of the POC line of the intermediate-term volume profile where sellers will step in and invoke selling pressure in a triple top making the...
The fund invests at least 80% of its total assets in equity securities of the index and in depositary receipts representing such securities. The index is designed to measure the equity market performance of investable publicly traded "China-based companies" whose primary business or businesses are in the Internet and Internet-related sectors, and are listed...
Nihao my friends, this will be huge, from a stalled economy to a reopening, we will see this rise like 1000% in the next moths
i am sure, this baby is going to grow more than 200% in a few months, China is reopening officially and all the numbers should be much better than a year ago when nothing was open
AMEX:YINN YINN is now in an uptrend with an increasing cloud score and upgoing BB boundaries. Stop Loss at the double bottom while the first target is the recent consolidation period with about 15% upside to that take profit and about a 2.5 Reward to Risk All this makes YINN a candidate for a swing long trade