TENCENT HOLDINGS LIMITED (SELL)RSI divergence + trendline breakout + similarity to Bitcoin; so we can opt for a decrease
ShortShort
1810Now an unusual entry, a Chinese Stock Xiaomi, Harmonic pattern is complete and we can look to buy some Xiaomi shares and aim for the two targets shown on screen or possibly higher.
Long
Bias more on upside. Supported by 38.2% Fibo + Ascending uptrend line since 2009 GFC.
Worth to take a risk.
SL: Below $45
Trade safe
Long
Tencent Holdings Ltd. (700-HK, BUY)1Q Miss and COVID Likely Delays Recovery, but Easing Regulations Should Support Investor Sentiment; Maintain BUY and Decreasing PT to HK$400
HKEX:700
We are maintaining our BUY rating but decreasing PT to HK$400 (was HK$475) after Tencent reported 1Q earnings miss and implied continued macro challenges for 2Q. Domestic game revenue declined 1% y/y. Int'l game revenue grew 8% CC y/y (vs. +24% in 4Q, excluding onetime accounting adjustments), accounting for 24% (flat y/y) of total game revenu
BYD.....Only one more step....to new ATH!Hello Traders,
BYD, the Chinese electric vehicle car-maker, is on the run to set a new ATH in HK$!
Not yet it happened, but it is a „question“ of days to my view.
BYD has sold, 144203 from January-April 2022 electric units, placed on 3rd ; after SAIC and TESLA.
In April, it sold 104854 units in Plugin vehicle. These are stunning numbers!
And BYD is only selling his cars in China!
For the chart to speak, BYD is moving in a trending channel, and the target area ranges from 256 HK$ to 370.6 HK$, d
TENCENT - Patience - Some constructive moves on Tencent as it regained the 50 day moving average
- Still early to turn completely bullish but will be watching closely to see how it develops
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Evergrande - Anyone still care about this? The bearish Elliot waves continue. Old legs original, I've marked in the recent 5 leg down after the ABC.
Short
Rebound is around the corner for Chinese developersLast week we discussed the scenario of Hong Kong/China equity rebound due to the political environment change in China. HSI did end up close above the May open, creating a hammer candle in the monthly chart, and stood atop the 50 days moving average. Both showed strong bullishness from the chart perspective (Last week note here: )
As a continuation of the rebound story, earlier there were some developments on the Chinese developers front, which there might be a distress revaluation opportunity
Long
How To Pick The Best Stocks In The Market ?Learn to find the stocks with the best technical setup and see if they fit the criteria (8/8 full score). Of course these stocks should be in the top performing sectors and you should wait for short-term pullbacks to entry...
Long
$XIAOMI Key levels, Analysis & Targets1810 Key levels, Analysis & Targets
China releases lockdown soon, good for stocks
,and Time frame day born " Bullish Divergences " in MACD & RSI Indicator
Long
cathy pacific analysisAnalysis of 0293.HK
1) Uptrend with increasing volume trade
2) Probably in Stage 2, 50 average line above 200 days
3) Low risk entry point (potential 9% profit underlying 4% loss)
4) The sector of shipping company is leading the market such as OOCL 0316.HK
Long
Transportation - Marine Shipping; Strong Sector, Stronger 38771) Noticed that many stocks in this particular sector have been setting up quite nicely in both the HK and US equity markets.
2) In particular to the HK Market, things are starting to look better with some equities entering accumulation phases. The HSI also looks to finally start a new uptrend with higher lows formed.
3) SEHK: 3877 is setting up quite nicely with the initial shakeout mid march of 2022. Volume is starting to increase - clear signs of accumulation.
4) Price has now traded in a
Long
Xiaomi long ideaBear Market regression to mean.
Bull divs forming
China looking to come out of lockdown
Xiaomi has a lot of military connections
Looking to buy at $10 then sell the 200MA
Long
2333 Greatwall motor china EVfalse break or ?
if that accumulation distribution trendline break that will may become next big move
2318, Ping An Short (Wyckoff practice)Could it be the last point of supply?
If it breaks that orange trend line it will may make one BIG distribution..
Short
$TENCENT Key levels, Analysis & Targets$700 Key levels, Analysis & Targets
Price comes down to test at Fibo 78.6 - 94.2%
,and Price to rebound
Long
Long TencentI think we've hit major broad market supports. All the big target of 2021 have hit. Many stocks were targeted 70 - 90% down and they're there.
Now into accumulation mode. Using stops on all trades. It's a good time to be a busy bull with stops I think, crazy time to blindly buy with no exit strategy.
Been waiting about a yr to buy this one. Long now.
Long
MI XIAOMI INC weekly - Expected move - OpportunityMI XIAOMI INC weekly - Expected move - Opportunity
Long
Geely Automobile Holdings Ltd 17 LongGeely Automobile Holdings Ltd 17 Long.
Maybe this is the lowest possible price.
Long
VITASOY (345) Major BULLISH signal !VITASOY offers a good buying opportunity for day traders but also for LT investers...
The price after accumulation forms an upward impulse.
Disclaimer: All content has only educational and informational purposes, and never should be used or take it as financial advice.
Long
BABA should hold 83 then BO Channel or 70 will be double bottomBABA has been making a long downchannel which has to be broken to be really bullish.
First it must hold the current 83 FIB level, then BO the downchannel at around 95. After that BABA will
still face a big resistance zone at the 110 to 130 range. There will be a lot of sellers here which the new buyers must be willing to absorb in order for the price to go above this critical zone.
Failure to hold the current 83 Fib level to see a double bottom for BABA at 70. This will be very very near the end
Long
recommend to watch and follow the movement.in weekly chart, it show double bottom. In daily chart possible a head and shoulder. left shoulder and head already form out. right shoulder waiting to confirm.
