Went short June 14th at the 6.00 level at 5.90, Covered today at 5.10
OCFT: OneConnect Financial Technology Co., Ltd. 2022-02-24 03:00:00 OneConnect Announces Share Repurchase Program
Analyst ratings 20-22 Presently very bearish. Attractive with significant support over 10 years at the 9.8-ish mark
#OCFT, paper for over a year, but showing impressive growth and good technique. At the moment, a large triangle of six-month duration has been formed, and the price surge is expected upward. There are 4 growth targets in this trade - 23.33, 25.27, 27.10 and 31.69, for a total of 41%. Standard check, the breakout of the pattern has already been confirmed by the...
OneConnect Financial Technology Co., Ltd.
Opportunities come and go. One needs confidence and boldness in executing a long or short order based on whatever information he can gather at that point in time. The important question to ask would be : What if I am wrong ? How much risk (financially) am I prepared to stake out to receive a potential gain ? If you can risk say, $10 to win $15 or $20, then your...
Highly doubt my freehand will be accurate, but if there are any similarities, I will play a swingtrade.
It's at the 50% retract level, and worth to look into long term as it is the only one fintech with block chain application for banks in China. Disclaimer: it's not an investment advice, but share for analysis only.
Contextual immersion trading strategy idea. OneConnect Financial Technology Co., Ltd. operates as a technology-as-a-service platform for financial institutions in the People's Republic of China. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company still looks higher than...