Page 11 | Ideas and Forecasts on Stocks — Hong Kong, China — TradingView

Build Your Dreams (BYD): Moving Higher!Build Your Dreams (BYD): HKEX:285 After closely examining the Chinese electric vehicle manufacturer BYD, we've concluded that there is a very appealing and interesting opportunity to start building positions. We are currently in an overarching Wave III. Wave II concluded at the low of 13.20 HKD, and the all-time high is currently at 63.10 HKD. We are now likely in a Wave 5, which should coincide with the completion of Wave (1). Subsequently, a deeper correction to Wave (2) is expected, wher

by freeguy_by_wmc

Xiaomi: Next Try 🔜Xiaomi shares recently attempted to break above the HK$16.98 resistance level. This level should still be breached as part of the turquoise wave 3. However, we think it is 30% likely that the price is more likely to form a deeper beige wave alt. II.

Tencent's Rocket Ride: Heading for 1338 HKD? For Tencent Holdings, we currently believe we are in an overarching Wave III, which should be created with a 5-wave structure upwards. This should naturally extend far beyond the Wave I level at the all-time high of 715 HKD. We anticipate a rise to at least 1338 HKD for this overarching Wave III. Wave II concluded at 188.6 HKD. Zooming in, we see that we are about to complete Waves (1) and (3) and soon enter into the Wave (3). Wave (2), as we expect, might dip slightly further, to 241 HKD. Howe

Xiaomi: Next Big Bang on the Hong Kong Stock Market? For another interesting Chinese stock, we're looking at the mobile phone manufacturer Xiaomi, trading on the Hong Kong Exchange. Hence, we're dealing with the Hong Kong Dollar, not the US Dollar. Overarchingly, we are also in a Wave III here. Wave II concluded its correction with a double bottom at HK$8.28. This chart adheres well to the Elliott Wave structure, showcasing many patterns that align well. Currently, we believe we are in a subordinate Wave 3, having completed the subordinate Wave (

buying at support level IS NOT a SURE WIN Putting emotions aside about how unhappy, disappointed and frustrated with the China stocks, some people I spoke to are thinking to scoop more once the price reaches the support level. Just because it has rebounded on previous support level does not necessarily means it will do so in the future. It is possible, plausible and probable that it might falls through the support level and creates a new low. Nobody can tell you for sure. Do not buy just because you read some news that it is near the

Awaiting pullback to LONG Xiaomi Drawing the 2 bearish trend lines, we can see that this stock is soon to break out soon. 2 Options - await pullback and go long OR wait for it to break the main bearish trend line around 15 dollars before going LONG. This approach is more conservative and less risk taking but the downside is buying at slightly higher price. Please DYODD

Is Li Ning going to be privatized?On the morning of March 12, news spread that Li Ning would be privatized. According to relevant media reports, Li Ning, the founder of Li Ning Company, was contacting investment institutions to acquire the company's shares for privatization. It is reported that Li Ning has invited TPG, PAG (Pacific Alliance Investment Group), Hillhouse, etc. to join the privatization acquisition. However, the discussion is still in the early stages and the details have not yet been finalized.

BYD: Engine Breakdown 🚘We consider the recent setback merely as part of the substructure of the magenta wave (1). This wave should lead to a sustained rise above the resistance line at HK$280.60. However, our 30% probable alternative scenario should also be noted. This would attest to the corrective nature of the upward movement that has been underway since February. Although the price should continue above HK$280.60 in this case, a significant sell-off should then set in, which would take the price to complete the gr

Tencent breakout first time since Jan 2023 -Target 366.40 W Formation has formed recently on Tencent Holdings. And where the price broke above the Neckline is also where the price has broken it's downtrend for the first time since January 2023. This deems a very positive sign for buying and demand to push the price up. Nature of the trade analysis is High Probability Too. Price>20MA and Price>200MA Target 366.40 Looks great!

Xiaomi-W form a pennant chart pattern Xiaomi-W form a pennant chart pattern: Buy Entry Price: $14.82 Target Price $16.12 Stop Loss Price:$14.40 thank you

Chicken wings and pizza fly on CNY period Using this as my last post for today, I am hoping the Chinese New Year starting tomorrow will usher in more revenue for KFC and Pizza Hut in China. Looking at the 4H chart, we can see a ultra bearish candle on 7 Feb with a gap up. Thus I am awaiting for the price to come back down to 292 support level to close the gap before deciding to go LONG. I also take this opportunity to wish all my followers and investors here a Happy and Prosperous Chinese New Year. May the year of Dragon bring forth

Wuxi Biologics (2269): Incredible long-term opportunity! Wuxi Biologics (2269): HKEX:2269 Wuxi Biologics, a Chinese biotech research company listed on the Hong Kong Stock Exchange, presents a complex investment scenario. It's crucial to note we're dealing with the Hong Kong Dollar, not the US dollar. The comprehensive analysis on the weekly chart suggests that since June 2021, the company has been undergoing a correction defense scenario. This downturn has been so pronounced that the stock might need to reach its origin point at 8.56 HKD to compl

by freeguy_by_wmc

Betting on B.A.T shares !I am betting on the Chinese B (Baidu), A (Alibaba) and T (Tencent) shares again , having seen their share prices fallen more than 50% from its peak! This is a long term investment , with time horizon 5 years and more. Is this the bottom ? I believe so as the Chinese Government is taking this opportunity to shore up its economy and the need to appease to the investing public. But , short term, we may still see some volatility ahead , so do not expect a straight rally up all the time.

CNBM (3323.HK) is forming a bearish double top CNBM (3323.HK) is forming a bearish double top Sell Entry price: $2.76 First downside target price:$2.63 Second downside target price:$2.50 Stop loss price:$3

PICC Group (1339.HK) is forming a bearish double top PICC Group (1339.HK) is forming a bearish double top Sell Entry price: $2.57 First downside target price:$2.51 Second downside target price:$2.45 Stop loss price:$2.71

TENCENT Peak Formed Yesterday Recent short term rebound shows peak sign yesterday with morning price surge erased in the afternoon. Which indicates selling pressure are coming back after rebound. We entered into a Callable Bear Contract yesterday at the peak with the analysis of current downtrend reacts more sensitive to sign of selling pressures. Which we see a possible short term price down coming up. While there are no sign of supporting at the bottom in the past few months of price down. We might see downtrend to con

by ROUNDnSURGE89

Is Tencent really worth pennies now ?Despite its dominance as a payment gateway with a monopolistic role in China, global leader in video games and many other businesses, the one thing that it cannot compete against is the strict government policies imposed by the Chinese government. It has fallen more than 60% from its peak 4 years ago at 700 and thereafter it has been on a downhill ever since. Business wise, it is fundamentally strong and economic moat and is constantly innovating itself in the AI space, cloud computing and str

9988 Baba HKEX Bullish Ready for a bull run up. -Crossed Macd on daily view -Divergence at 4H - Resistance at 87 , if it breaks 87 , then look for 94 - Earning out on Nov 3rd, - Watch for a Run up before earnings or after earnings. - keep your stop losses & Trade within your limits. Happy Trading.. !

by wiseinvertor1288

Alibaba in HongKong break rejected Volumes are five times greater than US and I think is useful to follow stock on HK market Price cannot pass channeldown and long term trendline and this is a very bad signa I think price will now drop to 64

Anta Sports: Final Descent 🛬Anta Sports recently continued to rise after an impulsive downward spike narrowly missed the magenta Target Zone between HK$58.95 and HK$33.60. Thus, it is quite possible that this downward spike has already completed the low of the green wave (2) and that the stock is now marching higher. However, we are not convinced that this is the case, so we believe that the stock will soon pull back, drop below the support level of HK$67.85, and then run into our magenta Target Zone. Once this has been ex

2282 - 13 months HEAD & SHOULDERS ══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - sin

by TheArtOfCharting

Yum China weekly chart read latest article here Let's wait for the price to rebound off the support turn resistance line at 281.60 and if a bullish candle is shown, I will take an initial position. Hmm, this may not happen this week , probably after CNY as this is a short trading week. Be patient, you need not catch the bottom to benefit from the rally so long the trend is in your favour and you have done your own research about the company.

Tencent: Turn around! 🔄Tencent remains in our magenta-colored (long) Target Zone, which extends from HK$302.60 on the upper edge to HK$237.40 on the lower edge. It is still our primary assumption that the stock will establish another marginally lower low within this price range. Once the wave (2) in magenta has been completed, we expect the price to rise above the resistance at HK$416.60. At this point, however, it should be noted once again that the (minimum) requirements for the wave (2) correction, which the stock

Meituan: Turning Point ⤴️Meituan's price is still trading at the lower end of the magenta Target Zone between HK$96.90 and HK$64. Our primary assumption remains that the stock is already working on the wave 1 rises in turquoise - and that it should soon leave the resistance at HK$103.50 well behind it. However, we must continue to weight the option with a 35% probability that the stock will still undercut our Target Zone in order to complete the correction only below the low of wave alt. (2) in green.