The price return At Extreme UpTrendline And break resistance zone As you can see. I highly recommend buying this stock now and holding it. I expect the price to continue to rise until 3620.2176. If you like trade At stocks don´t forget Like and Followe For more Idea. Good luck everyone. any questions contact me.
SSE looks like BTC in year 2018. Price need to break top line. Then I think we will see very good move UP. Perhaps all time high. Don't forget that China is building a new Egyptian capital in the desert. New Cairo. It is a example what China is doing now and in my opinion stock market will go UP.
Breakout of the resistance trendline additionned by a pull back. We have two possibilities.
Breakout of resistance trendline additionned by a pull-back.
Thanks for viewing. I'm not a trader in SSE, or an investor. General bullishness since December 2018 has recently been met with some strong resistance and selling pressure. Apart from finding myself here after reading the news today, where the commentator predicted more "risk" in the market, I don' really track this index. I'm not a follower of the fundamentals...
This China index confirmed its completion of ABC when lockdown ended & their economy resumes. It has risen so much from the ABC correction low of 2888 & we may see wave 1 topping out with a diamond reversal pattern. As seen in the past 2 times shown in chart, a diamond can be either a reversal or continuation pattern so proceed with caution. Reasons why I see...
This looks like an impulsive move up to me but perhaps it is approaching a 5th wave completion soon. One to watch after a correction?
000001 is now in a weekly symmetric triangle and is gonna boom up. The channel is a bottom sign and well if the Chinese stock market is not controlled by the government, I think we can buy the ETF or any single stock we like.
The Shanghai Stock Exchange (SSE COMPOSITE) broke and closed today above the 1D MA50 (blue trend-line) for the first time since January 12. This alone is a first major step towards restoring the long-term bullish sentiment. There are two more barriers ahead, the Lower Highs trend-line from December 13 2021 and then the 1D MA200 (orange trend-line). In our opinion,...
The globalization and outsourcing of companies to China so far has taken America's macroeconomic power - which America now feels. This is due to Russia's Chinese connection to the war in Europe. We are at a time of transition of macroeconomic power and a new order of the most powerful countries from an economic point of view. We are therefore very confident that...
SSE china composite index may have already bottomed at 2863.65 in April. It is now at my yellow pivot zone. It may go back down to retest the low. 2888 is a very impt FIBO level, exactly @0.786 retracement & is also coinciding with exactly 0.236 of my Fibo strategy on 2 separate retracements. It is highly probable that SSEC may rally on early June. It may reach...
chart looks great, I'm super pumped to see the mega pump in Chinese stock market
Regardless of your political bias, here's the bullish case - Pandemic, regulatory clampdown, China-fear mongering has driven stocks down - Broke down from pennant in April 2022 but recovered and closed within pennant - bear trap? - Structural shift in new world order (see Ray Dahlio's animated explanation www.youtube.com) - Curious timing where the major...
Clear RSI divergence on price action at weekly period, possible long expected housing crash is near than we thought. FED interest hikes can be last straw on already shaky Chinese housing and banking sectors. CCP Chinas close trading partners and investors will be hit more than ones who kept their distance. Time to weigh ties.
The SSE Composite Index is an index of all companies trading on the Shanghai Stock Exchange in categories A and B. On a large timeframe, the price has now soared high with strong momentum support. Volatility has shrunk to the downside. From a technical analysis perspective, this pattern is a flat that has unfolded in a 3-3-5 structure. (normally labeled ABC) wave...
I believe that many traders must be familiar with the Fibonacci sequence. In actual combat, we also use the Fibonacci sequence to predict the probability of a change in direction at an important stage of the market. , In the market analysis method, the Fibonacci sequence appears frequently. The price trend of the market is cyclical, and the time period is the...
Currently, based on MY STRATEGY we have a strong wick and volume, that's a pretty strong indication that SSE COMPOSITE PROBABLY WILL GO DOWN next week 65% of probability