ella519

ella519

BABA breakout to the upside after initial agreement was reached!

ella519

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...

ella519

Meituan is breaking previous swing high and is on the way of a impulsive wave 5!

ella519

JD went back to test the trendline, good entry point !

ella519

BABA may face an earning surprise to the downside!

ella519

HSI tapped the EMA 50 and double tweezer pattern formed. Potential for a bounce at 38% fib retracement key support here !

ella519

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!

ella519

HSI on the pullback, could push back to the trendline ! Stochastics also supports a further sell off!

ella519

As BABA's regulation risks are not removed yet, I am looking for a good buy price at the key support where my pivot level is.(61.8% fib retracement and 61.8% fib extension confluence level) Do think BABA is a good buy but think i can buy at a better price !

ella519

Xiaomi may drop and tap the ascending trendline before bounce since the counter bearish trendline is not broken yet. There's limited downside there but it is good for a intraday trade !

ella519

JD health also broke out the symmetrical triangle with strong bids. Price could retest our entry where the previous swing high was before rallying further!

ella519

Clearly BABA has broke out previous bearish trendline and is edgin up strongly! Might not be too able to buy since price just broke above the 38% and still have space to run towards the 61% ! SL at 618% pullback should be safe.

ella519

JD is poised to break the counter trendline and bounce ! JD is squeezed in triangular pattern and is likely to break above after hitting the -27% fib retracement target where the spike down is. If we are going to see a breakout of the counter trendline, it indicates more upside could be there !

ella519

Xiaomi is oversold, last fibo retracement has shown that price hit -27% target and -62% target already. Buyers will think it is a good time to chip in and at least potential target could be set the horizontal pullback resistance. Uncertainties still remain for xiaomi since Trump put Xiaomi in the military list, but short-term bounce could be possible towards our target!

ella519

JD is still in correction. Price is retesting the key 61.8% fib retracement and graphical pullback support. Gap filling might occur before a potential bounce, so better to put stop loss below that.

ella519

Xiaomi still trends below the trendline. As long as price stays below the trendline, we remain bearish on it. MACD is also showing extended bearish trend.

ella519

CityDev is still trading below the resistance line! Our MA20 vs MA50 still shows that price is on a downward movement. Any idea when this drop could end ?

ella519

SIA has been moving sideways and is seeing trendline breakout to the upside ! MACD is also showing bullish sentiment building slowly.