Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Intraday trade: xiaomi squeezed in triangular movements! There's limited upside for xiaomi towards the upper band of the triangular area where the 38% fib retracement is. A breakout of this triangle could determine the next move up or down.
HSI could retap the 61.8% fib support and bounce !
WUXI Biologics dropped by 5%, forming a bullish M pattern! Good time to add since nothing changed in fundamentals and this is a selloff by the Capital Group probably due to profit taking.
Xiaomi could revisit the trendline before further bounce !
Price broke below the trendline, could be a fakeout! Fundamentals are still strong for equity market, not worrying about crash, but think it could be a good pullback to add some positions here !
Keppel see more downside from a bearish chart pattern!
BABA is about to break above the upside confirmation, and more upside could be seen from there!
SIA broke above 38%, more upside towards the 61.8% fib retracement !
XIAOMI broke above the descending trendline, more upside! It might retap the trendline before further bouncing ! Our pivot happens to be where the 50% fib retracement and the EMA (34) support are !
HSBC might see trendline breakout, more upside ! Strong signals to buy if price could break this trendline, a higher high could be expected from here!
A clear breakout from descending trendline confirms the upside ! More upside but try to get a good entry point!
BABA breakout to the upside after initial agreement was reached!
Some key concerns from BABA's earning released yesterday: Although we see strong growth in Alicloud and Cainiao, narrowing losses in the new retail and entertainment business. I do think in coming quarters the earnings and growth could be under pressure: 1. The annual active users on BABA's platform is 779 million, that of PDD is 731 million of last quarter. It...
Meituan is breaking previous swing high and is on the way of a impulsive wave 5!
JD went back to test the trendline, good entry point !
BABA may face an earning surprise to the downside!
HSI tapped the EMA 50 and double tweezer pattern formed. Potential for a bounce at 38% fib retracement key support here !
Haidilao is still on bullish trend but recent market volatility may cause correction towards 61.8% fib retracement and can be a good buy entry!