Geely Automobile Holdings Ltd. is an investment holding company, which engages in the research, production, marketing and sale of sedans and related automobile components. It operates through the following geographical segments: People's Republic of China, Malaysia, Eastern Europe, Middle East, Africa, Central and South America, and Other Countries. The company...
Expected 175 will retrace to $20.15 at the Fibonacci 0.628 level and create an AB = CD pattern. Entry Point: $ 26.6 SL 1: $ 24.45 ( MAX 8% SL) TP 1 : $36.4 (Profit: 17%; RRR - 1:4.5) TP 2 : $42.6 (Profit: 28.22%; RRR - 1: 7.5)
The stock broke the 4 mths correction zone on 02 Nov, probably with Chinese Gov policy support. It retraced to $20.15 at the Fibonacci 0.5 level and expect an AB = CD pattern. Entry Point: $ 22.50 SL 1: $ 20.6 ( MAX 8% SL) TP 1 : $26.30 (Profit: 17%; RRR- 1:2) TP 2 : $28.85 (Profit: 28.22%; RRR- 1: 3)
If #GeelyAuto breaks the upper channel then the price could go to next all time high. *** Just sharing my own opinion , NOT AN #INVESTMENT #ADVICE.
HKEX:175 Gelly's bullrun of 53% in 22 trading days was stopped by an engulfing pattern. The RSI failure swing combined with the second highest MACD in Geely's history indicate a further downward movement. CRV = 2,67 / Stop Loss above engulfing pattern / Take Profit at 0.382 FIB
This could be a diamond in the making. its over the strong support line and have an positive uptrend all MA lines are positive There are higher highs and higher lows this could be a good swing / long term assist Disclaimer: I dont have this stock, but i think i might later today remember always to do your own reseach
GEELY push out of a basing formation that lasted more then 2 years on strong volume. The week is not over yet but the odds are good that it will close a bullish candle this week no lower than 19.20. Hoever we could still have some retracement over the next few weeks and should that happen, 18.00 is going to be a very strong support. I believe the odds of Geely...
Read all about it here Despite all the big sums of money thrown into R&D, Geely Automotive with much cloud in this fiercely competitive industry fails to elevate its share price any higher than 15.50 since Nov 19. Share price took a nosedive last year to its bad sales (actually the entire automotive industries) before settling at a support level of 12.46. It...
US and CHINA situation getting worse and volume accumulation and price movements look repetitive, for me now it is time to fall.
Seems like the downward trend is finally broken and new bullish rally starts
Geely recently has made debuts on the international stage through its higher end LYNK and Co brand which it has a 50% stake in . Other than being another competitive auto maker in the already competitive Chinese automotive market, I think that Geely had the potential to rise up in its Local and International Market share. Being relatively unknown in the...
GEELY AUTO expected to rise up to 1st resistance at 16.16 where it could potentially react off and drop down to 1st support at 14.60. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Double Top has been formed over here with falling indicator might indicate further downside. If break the up trend line might fall into correction mode between 14.5 - 15.8. Previous Resistance 14, can be your last support
Potential Head and shoulder formation