354 China Soft - Doji Star354 has hit a Doji Star and is expected to drop to resistance point in the next couple of days.
ShortShort
Long
LONG 1787 (Shadnong Gold)Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Long
LONG 1313 (Chinares Cement)Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Long
6988 HK Joy SpreaderStock finding its short-term bottom, start doing higher high, possible to finish retracement in wave 1-2.
Company doing business on digital marketing, serving merchants in wechat and expanding to douyin (tiktok)
Market cap ~ USD 1000m, not much expensive compare to peers in HK. Revenue 2019A +75%, 2020H1 +66%.
Long
1302 LifeTech HKEX I have been trading more HK stocks recently. They are all showing the same chart pattern which I look out for. Same as all my others charts posted regardless of exchange. Once it hits all time high, I am interested.
Long
HKTV HKEXHKTV hit an all time high recently. Entry Price, Possible Entry Price if price pulls back and Stop Loss all Defined.
Long
XIAOMI.....What?s next for XIAOMI?Hello Traders,
XIAOMI, the Chinese Smartphone producer has probably finished a wave 5 of (!) or (A)!
If so, the correction that started at 35.90 HK $ should send the share to the wave 4 level at HK $19.40 area. More bearish potential exist.
While multiple options do exist, I like to see more evidence and „clearness2 for the next move ahead.
I will update the count in the coming days.
Have a great weekend.....
Feel free to ask or comment!
Trading this analysis is at your own risk!
The editor is
2318, Ping An Short (Wyckoff practice)Hi,
I am just starting and practicing the Wyckoff scheme. How about this 2318 Ping An's chart, is it going into the distribution part, or is it the re-accumulation part? Help me and tell me guys if there is a mistake or misunderstood.
Regards
Short
Long
388 have a support on $500388 should have supoort on $500. The percentage of drop is smaller than HSI, -0.87% vs -1.6%
Oops... thin balanceHi,
We face an interesting situation that replicates investor trust in Xiaomi.
If the price will hit through @30, all ok = growing.
If it will go below @29, then shares will crash.
I like this company and wishing them bearish market.
Earnings will make the significant kick. Hope to see positive results.
AG
BABA could test key support level below ! As BABA's regulation risks are not removed yet, I am looking for a good buy price at the key support where my pivot level is.(61.8% fib retracement and 61.8% fib extension confluence level) Do think BABA is a good buy but think i can buy at a better price !
Long
Xiaomi may drop and tap the ascending trendline! Xiaomi may drop and tap the ascending trendline before bounce since the counter bearish trendline is not broken yet. There's limited downside there but it is good for a intraday trade !
Short
High Rewards, Low Risk stockIt breaks out of the long term bearish trend from the weekly chart and is now riding high. I am awaiting for the gap to be filled or at least establish a support level first before initiating a long position.
Long
Opportunity in Chaos !Read latest article here
Some followers are worried about the future of Alibaba and its subsidiaries business with the recent investigation by the Chinese government. Unfortunately, I do not have any insider information to pass on so we have to make do with what we have.
1. Is this drop in share price due to the company's fundamentals ?
NO
2. Is this fall in price temporary ?
I believe so as it will not be in the Chinese government interest to abolish Alibaba and the other tech giants , af
Long