Because of several scandals, TESLA dropped from the top to the neck line.
Now there is a chance to buy again because of the demand zone which is at 242-253 levels.
SL: below 240
It is a good risk/reward rate. So just do it.
The SINA WEIBO declined from March of this year, but will it still to drop?
Now there is a good chance for investors to buy.
A good demand zone is at 47-55.
So buy at this zone.
SL: below 47
The LENOVO raised from May of this year and dropped because of the Bloomberg News' report.
It may give investors a good chance to buy again.
A good demand zone is at 3.85-4.35 HKD.
So buy at 3.85-4.35 HKD and the SL is below 3.55
The TECENT declined nearly half of its market value from the beginning of this year. Many investors are anxious about its future.
Where will it go next?
Now there is an opportunity for traders to buy.
1. A good demand zone is at 260-270 levels.
2. The 2.618EXT of the leg in the top is at 272.
So it is good to buy at 260-270.
SL: below 260
From the yearly chart, it showed the Japan market's past journey from the 1970 to now.
There are 3 period for the JP market form the beginning.
1970-1990, the market soared.
1990-2008, the market declined.
2009-now, the market is rallying.
Now, the market is facing an strong yearly resistance.
The 0.618RET of the previous drop is at 26726 and the 1.618EXT of ...
The Litecoin has declined from the beginning of this year, and we all won't know where the Litecoin will move in the long-term future, but a good opportunity for buying appeared.
The below demand zone is at 46-56 usd and a pinbar appeared above the zone, so it is good to buy now.
SL: below 36
The Bitcoin soared in the end of last year, but it declined from the beginning of this year.
The market has tested the 6000 usd for several times, so this level is an important support for all holders.
It is good to buy near this level because 5100-6000 usd is a good Demand zone. Meanwhile the SL is below 5100.
Where is good to sell?
It may be good to sell at ...
Double bottoms have completed and the price is pulling back the 0.618RET which is also a good demand zone.
So it is good to buy at 1.667-1.670 levels when the price gives signals in the PRZ.
SL: below 1.662
TP2: 1.690 and further more
Obviously, it is a short-term trade plan, but it is the beginning of the long-term weekly 2618 trade plan as below. If ...
A long-term trade plan for Pound is as below:
The 0.618RET of previous rise is at 1.269 level which is also the neckline of the previous double bottoms.
Additionally, the good Weekly Demand Zone is at 1.259-1.270 levels.
So it is good to buy at 1.260-1.270 levels when the price pulls back and gives signals in the PRZ.
SL: below 1.258
The bullish AB=CD pattern will complete at 1.643 level and the bullish 2618 pattern finished at 1.660 level.
Meanwhile the 1.618REXT of B-C is also at 1.660 level which is also the 0.618RET of the previous rise.
Additionally, the good Weekly Demand Zone is at 1.658-1.662 levels.
So it is good to buy at 1.658-1.660 levels when the price pulls back and gives signals ...
The market soared quickly in the past year, and will it go further?Maybe not.
Bearish AB=CD is completing at about 27830 level and the 2.236REXT of B-C is at 28046 level.
Meanwhile the 1.618EXT of A-B is at 28349 level.
What's more, the 27780-28622 zone is previous structure and the historical high point.
So strong resistance will be faced in this zone,it is good ...
The market soared in the past several months,now a bearish bat pattern has completed.
Meanwhile the price entered the very good Supply zone and bearish candles appeared in the zone.
What's more,strong resistance is faced at this zone.
So it is good to sell at 2.915-2.950 levels.
SL: above 2.950
TP3: 2.525 and further more
The price is moving along the upward channel and it has hit the historical high point.But the the market cannot break out the previous high.
A bearish bearish Bat pattern has completed already at 904 level.
Meanwhile a mini Double top also completed at this level.
So it is a good to sell at 908-915 levels when the market gives the chance.
SL: above 915
The market soared quickly in the past months and a short term correction which pulled back the 0.382RET has finished already.
The price has broken out the previous high point already and it is moving further.
Where will the price go next?
Maybe 4400-4840 is the next target and reasons are as follow:
1.The market had a sharp fall at the 2.618REXT of previous drop ...
The market has declined from the beginning of this year, and will it still drop in the future?
The bullish Bat pattern is completing at about 93.3 level and the 3.0REXT of B-C is at 93.18.
Meanwhile good Demand Zone works at 93.0-93.5 levels.
So it is good to buy at 93.0-93.5 levels when the price action gives signals in the PRZ.
SL: below 91.9
The market rose after FOMC's Interest rate decision and it is pulling back now.
The 0.618RET of previous rise is at 96.9 levels which is also a good support zone.
Meanwhile good Supply Zone works at 96.8-96.9 levels.
So it is good to buy at 96.8-96.9 levels when the price action gives signals in the PRZ.
SL: below 96.8
TP3: 98.8 and further more
The market drops well but it will face strong support next.
The 0.618RET of previous rally is at 1245.3.
Meanwhile the bullish AB=CD will complete at 1244 level and the 1.618REXT of B-C is at 1246.2.
Additionally, the good Demand Zone also works at 1240-1245 levels.
So it is good to buy at 1240-1245 levels when the price enters and gives signals in the PRZ.
Tip 10: Slow decline will accelerate, don’t copy the bottom and wait for slump
Tip 10 needs to meet three conditions as follows:
1. The price declines along the MA5 and MA10;
2. The rate of fall is not sharp, but new lows are created continuously;
3. The price will accelerate and deviate from the MA.
Usually, the price slides slowly, and ...