Gotta test tunnel bottom and rebound?By looking at the chart, it seems like 669 is riding its wave within a upward tunnel, perhaps it shall try the tunnel bottom and goes upward after it retest the support line.
$2 Reject?As China's property giant Evergrande veers toward collapse, its unpaid debts spark protests.
3Long
EVERGRANDE - The mother of all dips?Evergrande is down over 93% over the past 24 months. Is it time to buy the dip?
I'm looking for a bottom in the low $2 range.
3
Will we see a bounce next week. I think so.
This trendline determines the final destiny of Evergrande. If breached, I will lose hope for any further upside in the future.
Big news (positive) is expected over the weekend before open which should give it a good bounce.
Trade wisely and free of emotions.
3
#873 triggers for a reboundHi everybody
#873 triggers for a rebound, targets for the BLUE lines, and stops if close below the RED line.
Long
Geely HKSE 175 buy opportunityBuy with the right price action @18 with a stop loss below 16 with a price target at 28.
Long
ND paper HKSE 2689 Head and Shoulders buying opportunityBuy at market.
Stop is the bottom of the right should.
Target is 14
Long
Solomon Systech HKSE 2878 Head and Shoulders buy opportunityBuy market and at 0.2 with stop loss at 0.1. Target of 0.525.
Long
Long
#3669.HK : Technically, it triggers a BUY today for a rebound.Hi Everybody
#3669.HK triggers a BUY today for a rebounds, targets for the BLUE LINES, and stops if it closes below the RED Line i guess.
Long
GEELY AUTO Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge prof
Short
EVERGRANDE Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge prof
3Long
BYD COMPANY Daily TimefameSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge prof
Short
710.HKEX_Range Breakout and Retracement Trade_LongENTRY: 8.94
SL: 7.50
TP: 11.68
- ADX>20
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- MAs are aligned.
- Breakout of range on 18 Jun 2021 with good volume.
- Moved to high of 11.68 on 21 Jul 2021 with increasing volume, and retraced on slightly lower volume to 50% Fib. level before signs of accumulation on 28 Jul 2021, 5 Aug 2021 and today. Between the accumulation dates, the retracement is under lower volume as well.
- Main
Long
3333 JUST HIT 3.33. ARE WE AT THE BOTTOM?✅PREVIOUSLY ON EVERGRANDE
There's 5 waves from 0 to 32.5.
After 32.5, A is 18.18, B is 30.15, and we've been on bearish 5 waves since B(30.15) to make C.
✅ WHERE WE ARE
Drawing the TL from 32.5(5) to 30.15(B), and put Fib channel(2.0), we can see that the price is trying to bounce off.
If so, we'd have the bullish impulse.
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE
3Long
Potential Reversal of Tencent (HK 700)We are seeing a potential rebound on the cards for TENCENT (HKSE) due to the various information from volume.
Long
JICPT| Tencent completed retest, ready to challenge gap! Hello everyone. It's a good day for tech bullish buyers, especially Tencent fans.
On the daily chart, I found the retest has been completed with a bullish leg-out candle formed today. Looking above, the next challenge is the gap from HKD513 to HKD528. Also, there is a downtrend line which may weigh on it.
Looking forward, the valuation is attractive and I'm bullish on the stock. Though, it could have a second fall to the level of HKD479 before coming back again.
What's your opinion? Give
Long
Tencent bullish set up 7 Sept 2021Inverse head and shoulder pattern with volume acting as support. Smoothing of 50 ema, and approaching 200ema soon. Probably a good time to add when there is near retracement
Near term target price: 560 ~
Long
NS background ganfenglithiumhkstock, ganfenglithium:
risk and reward ratio 1:2
shakeout complete and currently doing a test with low volume
ns background😉
Long
#700 Strong Support on the Red LineHi Everybody
There is a strong support from a weekly uptrend line (red line).
The blue line is the recent resistance level, waits for a breakthrough the blue line i guess!
Long
WEIMOB HONGKONG #2013 CHANCE OF CONTINUE UPTREND?Weimob #2013 has 2 chances of bottom singal. Now it comes to trendline resistance, will continue break above or pull-back?
Let's keep monitor on the PLF indicator if Winner % rise to > 50, then would see the uptrend continues.
Happy trading :)
Long
Tencent Stock Hello Traders,
After China's stranglehold on video games HKEX:700 was one of the companies that suffered the most.
If you look at the weekly calendar it seems to have made support in this area.
Post your idea/analysis below for discussion.
Thank you all for your support.
For more accurate setups, stop loss, take profits and mentoring services, FX signals, Crypto, Indices and Stocks PM me.
Long
[Analysis] Tencent (700)(HK)Even after a 47% retracement from its high, Tencent's uptrend is still intact.
Currently, there is a support/resistance formed at 410 and 510 respectively. We do see a huge volume coming in within this price range yet, the price is still holding. This suggests that there is a huge demand coming in to soak the selling. As long as the price remains above the support level at 410, we can safely say demand is coming in and the chances for price rebounding is high.
However, before the price procee
Long
Pounding on SMIC -981In my opinion, the US government is being myopic if they decide to do the following :
1. to delist the Chinese companies in US - about 250 companies that are worth trillions of dollars
(not very likely but this is a RISK)
So, as much as possible, buy the Chinese companies listed in HK or China else get an ETF not the American Depositary Receipt (ADR)
Do not forget many ETFs globally have investable interest in China and many are listed in US and delisting them would severely impact these fund
Long