I was asked to chart AMTd. I’m not a big fan of this chart. Back when I had a postion was around 2.23 /2.14 aand I was stopped out with the loss of 210 area which was a great stoploss Becuase we contiued down.
I do see a potential support area in this range a bit to soon to call a double bottom as it’s only being seen on the 2 hour. A daily or 4
Hour would be...
Holding upper support line. HUGe risky play? Howver we can play safely. Entry from here to as low as 2.12$. Stoploss below 1.98. Targeting 5.20 first and leave some to ride. That’s my plan. Could turning into double bottom and bounce off this support. Any dips below 2.10 starts to get risky and should be sold
Founded In 2003 By CK Hutchison Holdings, We Are A Leading Hong Kong-Headquartered Comprehensive Financial Institution.
We are a leading independent investment banking firm in Asia as measured by both the number and the aggregate offering size of Hong Kong and U.S. IPOs completed and a leading independent asset management firm in Asia.
Those investors pushing...
As one of today’s hottest penny stocks, AMTD IDEA Group (NYSE: AMTD) is soaring to new highs after reaching a new 52-week high of $12.9. This run is mainly triggered by the company’s subsidiary AMTD Digital Inc. (NYSE: HKD) which soared to almost $2600 – a 16475% increase since its IPO last July. With this in mind, many investors are bullish AMTD stock could...
A lot of noise around this stock. Pump & Dump?
Not attractive to me until price has broken out and closed at all time highs.
Volume is very heavy for the past weeks. Especially considered against previous volume. This is a very bullish hint.
However, a friendly reminder that the chart you are seeing here is of the Monthly time frame (my predilection). There ...
1) Price has pulled back into a validated price support level
2) This level also corresponds with the 100 day moving average
3) Price has pushed through lower bollinger
4) Volume during this pull back is almost the same as the 20 day average and thus it can be faded against
5) 100 MA remains above the 200 MA and can thus be viewed as remaining in a bullish...
