Chart of 82-V1 GroupSomeone requested for this chart.
A quick glance at the weekly chart tells me that it has been on a downtrend since 2007. It took 10 years for it to breakout of the bearish trend. A 4 dollars stock is now worth below a dollar. That itself rings a bell!
Based on my limited understanding, unlike SG, there is not many bricks and mortar shops that "promotes" sports betting in China. My stay in Shanghai, GZ and a few other cities reveal the same patterns. Things may have changed now, I don't know.
8083 YOUZAN HKEX LONG1. All time high.
2. Good chart pattern.
3. Entry Prices and SL is defined.
All the best.
8Long
SUNKING 580 LONG My trading may seem boring as all my charts looks the same. But that's how trading should be. If you want excitement, go to a casino or horseracing.
1. All time High.
2. Bullish movement
3. Entry and Stop Loss all Defined. TP you can decide on your own but 1.5RR is my minimum.
All the best
SEHK 1772 - Ganfeng Lithium Double Bottom BreakoutOne of five priorities in China's 14th 5 year plan include pledges to peak carbon dioxide emissions by the year 2030 and at the same time, venture into green energy as an alternative energy source. Ganfeng Lithium - One of Tesla's lithium battery supplier - has been benefiting from this trend.
On the daily, we can see that Ganfeng has formed and broke out of the Adam & Adam double bottom; a bullish pattern. This is in confluence with two bullish pin bars the prior two trading sessions and a de
PA Good Doctor - ARK Invest snaps up over 2 mil SharesNoticed a social arbitrage opportunity where no one knew that Ark Invest bought enormous amounts of PA Good Doctor (SEHK 1833). Hence, I got myself a full position at $109.3. I believe when North & Southbound trading opens up this coming Monday, SEHK 1833 will have more room to run. Look out for a breakout of all time high at $135 supported by large volume to take a position/add to your position. Similar stocks like Yeahka (SEHK 9923) and ZA Online (SEHK 6060) have experienced multi-day runs to
Tencent offering another buying opportunity soon.......Read this important news here !!!
Take some profits if you have been averaging up like me and then wait for the price to come down to the 2 levels I have stated in the chart :
1. 680 price level - here I would buy a bit
2. around 632 price level - here I would buy more (this is where I think a potential H&S pattern will be formed)
Kuaishou marching higher The stock market is a game of demand and supply, buyers and sellers. When one side weighs heavier than the other, they win and vice versa.
In the case of this IPO, Kuaishou (read here , here and here )
For a moment, suspense your role as a trader or investor and put yourself living in a rural village and the chance to get out of poverty , fame, money ,etc is all in a mobile app. And the best part, you need not have a degree, travel to cities like Shanghai or Beijing to find a job. You co
Sunny Optical 2382:HK hits 10 MA. Bounce time!Sunny Optical 2382:HK has pulled back to hit its 10 day MA which it has historically respected.
It also happens to converge on the bottom of its regression trend channel at $210. There is currently some indecision in the market, but if it trades up tomorrow, it would be a good time to get in, with an initial TP of $223.40 where you might release half.
I expect it to hit north of $250 before retracing - though that may take some time.
If I was a punter, I'd be looking out for a bullish harami
Greatwall Motors 2333:HK bouncing off support - quick 10% Greatwall Motors 2333:HK has been unstoppable since as early as last July.
It's made a pullback over the past month. It has bounced off support of 23.15, and has just broken through resistance of 25.50.
If it is to follow the current trajectory, there should be a quick 10% rebound in the coming days to next resistance at 28.30, with a medium-term TP of 33.00.
If that's not enough, a couple of investment banks have set their TP at a range of $35-$40. Plus, 2333.HK are buying into the chip mark
Nice setup with AIA (HKSE :1299)I seldom made any recommendation about companies in Hong Kong, but I just accidentally observe a great setup with HKEX:1299 which I think could be a great long target in short term.
I dont think we need any introduction of AIA, one of the largestest insurnace giant in the world. Its stock price has trading within the same 20% range for almost a year.
Since late 2020, its has formed some uptrend price action and been gradually getting strong support inside an upward tunnel. I like that it h
GEELY in BUY ZONE 1Geely Automobile Holdings Ltd. is an investment holding company, which engages in the research, production, marketing and sale of sedans and related automobile components. It operates through the following geographical segments: People's Republic of China, Malaysia, Eastern Europe, Middle East, Africa, Central and South America, and Other Countries. The company was founded on January 1, 1973 and is headquartered in Hong Kong.
Will the Xiaomi share go up again?The Xiaomi shares lost close to 23% of its value since 5th January 2021. Investors are a bit insecure because of some bad news during the past weeks. The USA put Xiaomi on a blacklist, which means that Americans will be banned from buying the shares. Furthermore, there is is a problem with the latest mobile, launched on 8th February 2021. Apparently, the problem has something to do with the battery. Those news are the reason for the dip. In a long-term scenario, the stock will most likely go up























