Industrial and Commercial Bank of China | IDBCY on BreakoutIndustrial and Commercial Bank of China | IDBCY on Breakout VAH is $10.84 , opening above 11 can send IDBCY to $15Longby XDataAnalyst1
Chinese banks exposureRead latest news here www.scmp.com I have bought this bank quite some time ago for its stable dividends and being a government bank, it offers me a stable dividend payout. The capital appreciation was definitely a surprise as you can see from chart that it went sideway for quite a while........... For those who wants to take a quick trade, I would say it is over as it has gone up more than 20% and is unlikely to soar any higher, maybe another 1-5% which is risky in my opinion to enter now. On the weekly chart, it displays a nice descending wedge pattern with the apex at 4.00 being the lowest price. Since it is hard to catch the bottom, buying at 4.56 is still a good deal for me . Let's hope the earnings prospects will improve this year and bring this bank back to its glorious days of 7-8 dollars once more. Longby dchua1969Updated 3
Chinese comsumer big namesChinese comsumer big names, 9 years return rate with dividend.by daiqiang11171
head and shoulder confirmlong and hold for the counter as head and shoulder confirm. above 4 will easily cross.Longby iampatrickcheongUpdated 1
ICBC presenting a good buying opportunityWaiting for 3.98 price level where we can see a support in Oct 2020. It could also falls further to the Sept low of 3.44 to 3.74 level. No hurry, since bank stocks are not likely going to shoot up like the cryptocurrency. The dividends are good and the fact that it is State owned means the Central Banks will not see to it going belly up. So, the last point is crucial as some form of cushioning. I am betting this more from longer term perspectives like 5-10 years or longer so getting them at various price points at minimal downside and relatively higher upside........ Longby dchua1969Updated 0
Industrial and Commercial Bank of China (BUY)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.Longby axelodg2
UPDATE Industrial and commercial bank of china limited reDaily frame The intersection of the uptrend and downtrend, with the availability of a sell signal on the volume indicator, in addition to the formation of the butterfly pattern on the chart. All these indicators give us a prediction that the market will correct upwards , which gives us an opportunity to buy and get profits.by azeddineallali0
Industrial and commercial bank of china limited recommendationDaily frame The intersection of the uptrend and downtrend, with the availability of a sell signal on the volume indicator, in addition to the formation of the butterfly pattern on the chart. All these indicators give us a prediction that the market will correct upwards , which gives us an opportunity to buy and get profits.by azeddineallali0
Khan's Live-Charting 07 - $1398Chart in a downward trend with hard drops. Would be very careful here, loos like a bad risk/reward trade at the momentby KhanPhelan0
Buy INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED -the market touch the trend -the market touch the vwap strongly As a result we can say that we have a strong buy Shortby mouadbiguezmir851
just for adventure lovers : INDUSTRIAL AND COMMERCIAL BANK OF CHexclusive 2 deals in 1 sell and buy Shortby expert202120210
1398 (HKX) - Still Continue BullishGreetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc Strategy - Please care for Money Management - Have a good psychology - Do not be hurry to open position - Evaluate and upgrade your trading plan Analysis 1398 (HKX) - Still Continue Bullishby MultiAssetX1
ICBC - HKEX - There is potential to bullishHumbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. ICBC - HKEX - There is potential to bullishLongby MultiAssetX0
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITEDINDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED It is not a strong recommendation, but we must damage the region’s strong penetration Rebounds with a very large red plug We sell immediately Then we got a very strong signal For sale at 90% without a panicLongby ELHASSANE-TRA0
analyzingThe rise and break of the level in the red zone gives strength in the direction, either to continue the ascending channel or direct direction to the level 7.78, as happened previously.Longby AhmadmBani0
Wait for the asterik pattern before deciding what to do A follower asked me if he can start scooping up China banks since it is so low now. I find it hard to answer this question because it is not a straightforward YES or NO. We can see that ICBC has reached a peak of 7.50 in 2018 and for the last 2 years and 9 months, its share price is heading south. Today, there is a 4.5% jump in its price. Nothing to be overly concerned imo as it is a healthy correction. 4.48 is a crucial weekly support level that was broken down on 31 Aug 20 and now the price is in the midst of a retracement. Let's wait and see what happens when it comes back to this support turned resistance level at 4.48 again. Will it break out and continue the bullish trend ? If yes, then it might be worth exploring. If not, then it could also perform a U-turn about reaching the resistance level and heads further south. Some articles worth reading are here , here and here. by dchua1969Updated 0
INDUSTRIAL AND COMMERCIAL BANK OF CHINA weekly analysisHi friends the weekly chart of this market shows that it will experience a downtrend but also we must be vigilant of the change towards the opposite direction please subscribe to receive more analyzesShortby YL_PRO1
ICBC Next week !Not Buy Now (You can Buy Just If it crosse the green line) You can sell because if it crosse the red line it Will fall stronglyby ALAOUAL1