Stock Analysis - GWM(2333)Conditions that make it interesting.
In timeframe - Week
1. Price Break out Accumulation Zone(Blue Zone)
2. Price Break out Bollinger Band
3. EPS returns to growth
4. P/E is in the low zone
Technical Rebound
GRVB trade ideas
2333 Greatwall motor china EVfalse break or ?
if that accumulation distribution trendline break that will may become next big move
2022-02-23 601633January data report. In the case of some friends who are more bright, it will appear slightly less beautiful, which must be admitted. And we also said that it doesnโt matter if the overall is bad, the market share has not lost, but this is the time to fight for market share. Hope that the Great Wall will continue to work hard. I suspect that there may have been a bit of pressure on sales in December, considering the reasons for equity incentives.
However, important or high-margin models such as Euler, tanks, and guns, and even the newly launched brand beasts are all good, indicating that the explosion effect is still there. In the second month of listing, the beast became an explosion.
Lack of core should be the reason. In fact, this wave city is not very lucky. The factories and production capacity are laid out in advance against the trend, but due to the lack of cores, the production capacity that should have made contributions in grabbing shares is not as good as imagined. But from a dialectical point of view, for the chip, Mr. Wei will definitely take action in supply chain management.
If you believe in him, then the opportunity to increase the technical position is about to come.
With the support of 0.618, continue to increase positions and do more
Increase in Revenue with Decreasing Net Profit GM Motors Q3 2021The automaker has been expanding its global layout during the past quarter of 2021 and has entered the Egyptian, Bruneian and European markets. During the third quarter, Great Wall Motor announced its target of selling 1 million vehicles overseas in 2025.
The revenue of the firm increased 10.13% year-on-year to CNY 28.86 billion.
Operating income was CNY 28.86 billion, a year-on-year increase of 10.13%.
Net profit was down 1.72% year-on-year to CNY 1.41 billion.
From January to September 2021, the automaker achieved a total operating income of CNY 90.79 billion, a year-on-year increase of 46.11%, and a net profit of CNY 4.94 billion, up 91.13% year-on-year.
For the first three quarters this year, Great Wall Motor added that the company witnessed a 29.9% increase in new car sales versus the previous year to 884,000 vehicles.
From January to September, GWM sold 98,000 vehicles outside China, soaring 136.3% compared to a year ago, accounting for 11.1% of the company's total vehicle sales.
Great Wall Motor's performance in the capital market has also improved significantly. As of the close of October 29, the company's A-share stock price has reached CNY 68, an increase of 82.65% from the closing price on December 31, 2020. The market value of the firm has reached CNY 628.1 billion, ranking second among Chinese automobile companies.
Great Walls Great Stock GainsGreat Wall Motor Company Limited is China's largest producer of sport-utility vehicles and pick-up trucks and its share price is up around 500% over the last 12 months reflecting the rapid adoption of vehicles in China as well as Great Walls continued expansion into international markets.
Share price is probably in the overbought / expensive area at the moment so if you are interested you could wait for a bit of a pull back in the 5% to 10% type range or a drop in the RSI back under 65% if it goes through some kind of consolidation period at current price levels.
Might be worth a look.
Greatwall Motors 2333:HK bouncing off support - quick 10% 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 33.00.
If that's not enough, a couple of investment banks have set their TP at a range of $35-$40. Plus, 2333.HK are buying into the chip market. The latter point is significant because it panders to central government policy.
Only caveats here:
Most of China is on holidays for the next 10 days, so things might slow down a bit - but that might also suggest less competition to get in, if you were so inclined, and...
DYOR always.
Still have momentum, but is it enough? ๐๐
ฟ๐
ณ๐
ฐ๐๐
ด ๐๐
Well I called this to make a ๐ฅ๐ช๐ก๐ก ๐๐๐๐ last week because it needed rest,
but as you see the momentum don't care and it just keep flying and we are on ๐ญ๐ฌ๐ฌ% ๐๐๐๐ฃ since 32 days ago ๐
Someone asked me last week, should I enter the trade now and I say, if I was you I would wait, now I don't hope you sit and think, what a jerk!
Because my answer would still be the same today ๐ฟ๐๐๐ ๐ฝ๐๐ and wait for an ๐ฅ๐ช๐ก๐ก ๐๐๐๐ , this really needs a break โ
With that being said, it can ๐๐๐๐๐ go higher as long as there is good momentum.
Trade with care ๐
2333:HK - GREATWALL MOTORS - Recovering after pullback.Great Wall seems to be recovering after news of an 11% drop in profit in 2020. Could be worth a watch.
Greatwall Motors HKSE 2333 Head and Shoulders buy opportunityBuy at market and at 5.
Stop loss 4.
Target 10
great wall motor company weekly analysisHi friends
the weekly chart of this market shows that it will experience an uptrend but also you must be vigilant of the change towards the opposite direction
please subscribe to receive more analyzes
