as expected, the after house amazon drops 7 % and it makes the chart VERY meaningful, a shooting star in monthly chart. that'll means at least 3 ticks drops and may extended to a full bear market to 2500 level. when the break out broken back down, expecting a weak bottom support at 2881
If it jump down and open lower than 281, it may end up goes back to 240 level
It's pretty sure Facebook jump open lower tomorrow morning and farming an island top behind. cya in 290/300
Amazon bring everything down, if it drops Friday, and jump the next Monday(Aug 2), we see 2430 and 2130
700 first down wave runs 55 trading days from Feb 2021 700 second down wave runs 55 trading days from June 2021 I'm expecting 55 trading days up from the recent bottom! happy trading!
700, Last time Largest Share holder sold their share around mid - Mar, then, the sold off ended the same day HSI future final day. Oct 30, 2018 from the top of sold date, it drops 47.14% This time, the same share holder sold their share beginning of Apr with high at 656.40, if we cut it by 47.14% and make the low date of HSI oct final settlement day, then. we...
HSI only breaks the previous bottom a little bit while the US market drops 15% and alot more around the globe! another round of 4 trillion money printing from China and another round of rate dropping coming soon from the Fed will eventually return the whole. Here, from the chart, Weekly! assume BOLD GREEN C = 1.618A and BOLD BLUE 5 = (1 to 3) x...
A Chart of simple and fool. it's what "buy low sell high" means.
No mater how bad the news around you, look at the gold, it's NOT going for new high! stay away from it until it reach a 0.618 retracement area, about 1510 however, I expect it runs 3 months and end during Apr 2020. price level will be adjusted with the time frame.
Monthly chart from 2009, NDX, nasdaq 100 up about 3700 points the 3rd time to 9600, all time high. expecting a ~15% adjustment in the first half of 2020. look for rate cut for entering time.
4 hours chart, it should run a week to 3 depends on the market. wait 28400-28800 for it to fulfill the wave target by the way, I'm not going to hold overnight over weekend. I don't like the uncertainty on weekend when trumps post a twist and HSI drops over a K points on monday.
we're going for a large multi months down trend for HSI. 2 targets around 21000 is a minimum target, long term investor look for 20k points area
China Virus should be gone soon, with 4Hours chart reverse from monday, we should see new high with in next month or 2. for those want to invest in China, buy A50, HKEX:2823 , or future in singapore exchange, SGX:CN1! If you want to double your cap, go for 2823, if you want easy, then the future would be best
FB Short idea. expect a C wave down for the first half year of 2020, wait Fed cut rate for entering time.
Base on a weekly Gap up, the fast phase of run is in action. logically, it should go 1:1 and hits $16xx , however, from it's starting point of $176.99, 10x would be a great point of guessing, $1769.9! do not guess top, it would be $17699 if the short squeeze continuous!
Since no time is given for the targets, I'll buy dec option or simply buy the future and rolling on
Last wave, I have an additional view. from $395, there's a $39 drop and a gap down with another $39 drop to the bottom. this time, top at $345, I've already short on 340. so, today, I'm positive a little on hand and opening this idea. Let's say $345-$39, it'll be around $306. If you check my last post, you should see the target 2(or B, I forgot what I called...