Page 8 | Ideas and Forecasts on Stocks — Hong Kong, China — TradingView

Important buying level for Alibaba - 9988 Yes, it is sad to see what a nice rally for the China an Hang Seng market only to see it tumbling back down day by day , week after week despite the recent 10 trillion measures to curb the local government debts and property market. Apparently , many analysts feel the CCP has not release sufficient stimulus to shore up the market and the tech stocks , very much undervalued compared to its counterparts in US are still being sold down. I will be watching this level closely as we are coming to th

6055 - wait for it to clear the resistance level before buying Read latest article here :https://www.cnbc.com/2024/11/12/chinas-tobacco-industry-is-red-hot-defying-global-trends-.html

Why I am accumulating this stock ? 9988 To the many institutional and retail investors out of China, Alibaba is a well known made in China brand. Jack Ma is often seen giving speech in the western countries in the past and so naturally , retail investors are familiar with this company. I spoke about stickability before and brand recall is important when time is of essence. Like now, when all the rage in town now is talking about buying China stocks. Naturally, BAT (Baidu, Alibaba and Tencent) , three giant techs of China will be hig

JD.COM, I am adding more to accumulate According to this article here :https://markets.businessinsider.com/news/stocks/jd-com-2024-singles-day-mid-festival-report-double-digit-growth-in-sales-orders-and-user-numbers-1033940704, they are doing pretty well for this Singles Day with almost all its sector expanding and recording good growth. While it is anyone bet who is going to win the US election and how it will affect the stock price of Chinese companies, I think I would like to add more so long as it does not retrace back to the be

1952 - 2 years ASCENDING TRIANGLE ══════════════════════════════ 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

Correction Started I'bve just sold some Xiaomis. Not that I would no be convinced of the company. I think that they have a great future. But for over 2 months we saw a parabolic rise that has not been completely corrected yet. I think that the market has to be cleared before new rises and that there is still room for some drop.

How to capture this kind of move ?A follower asked me how to capture stocks move like this ? My answer is I don't know coz it is more speculative than fundamentals. In the world of securities or brokerage firms, it is hard to have an economic moat. For example, I am using Webull, Moomoo and Tiger brokers in SG for a simple reason - cheap transaction fees and diversification. But I do not own shares in any of them. It is due to the massive stimulus offered by China government and many hundreds of thousands newbie account holde

Why Chinese Stocks may be risky for the time being Recent moves by the Chinese Government - termed "Three Arrows", facilitated a decrease of interest rates among various other changes of policy made for loans, borrowing and payment etc. This cumulated action signalled to investor's that China was reopening its economy, thus leading to a huge surge in investment in Chinese Blue Chip stocks, and the entire stock market in the region, including the Hong Kong Market. However, as stocks surge in price with increasing volume, it must be noted that the

by AlphaTigerInvestments

The message is CLEAR - stay away from this sector !!!!You have been warned - many content creators in the hope of pushing for viewership are blabbering about how hot the HK/China stock market will be. I agree that it is no longer about valuation but more on momentum. Many newbies have no idea how to invest in the stock market and are BLINDLY following the herds.......buying at high price to chase for tech, consumer staples, etc The FOMO effect is at its all time high.......Even lifestyle bloggers who have never dabble in stock market are also sha

Xiaomi (1810): Major Gains, Next Targets and Updated Strategy The Hang Seng Index and its constituent stocks have been surging higher, with Xiaomi leading the charge 🚀. The setup we had on Xiaomi was quite similar to the one for Alibaba, featuring a tight stop-loss and a high risk-to-reward ratio, which, just like NYSE:BABA , worked out perfectly. Although we aimed to catch the end of wave (ii), we missed the entry by just a few HKD. Despite this, the position is now up an impressive 85% since we initially sent out the entry back in March. We have taken

by freeguy_by_wmc

Awaiting to buy this stock ; 2382 This is in my watchlist now. If it comes to the support level , hopefully, I will take a positon. Please DYODD

Wait for Breaking the Trend The stock is still exhibiting a pattern where each subsequent low is lower than the previous one, indicating a downtrend. The critical support level to watch is around $42. If the stock price breaks this level, it could trigger buying. Keep monitor.

NO, I am not buying property stocks It is a crazy China bull market run now and the index is continuing its rally day after day. One can get emotional and forget about the reasons for buying , choosing to base the buying criteria based on company fundamental and instead choose to go with the crowd. I am still of the opinion that the property market in China has still a LONG way to recover and will not be buying properties nor invest in property-related stocks. Yes, rising tide lift all boats and we can see those companies on the

You should not buy when RSI is above 70, agree?Now, let's use this stock , 388 as an example. From 2021 to Sept 2024, it has been on a downtrend for 3 over years......... If we rely solely on the RSI indicators which states that sell when it is over 70 or buy when it is 30 or below then , one would be in deep trouble. The simple trend line is more meaningful and accurate as one can see from the chart. Whenever price hit the resistance level, it continues to falter albeit at a slower pace (death of a thousand cuts). Now, we are in the same

Taking a bigger step back and see the whole picture now Now, when we analyse the same stock from a longer time frame, suddenly the long spike up does not look as scary anymore. Upon closer examination, one can see clearly that the price has been range bound since Nov 2021 which was the covid period. Haidilao famous for its restaurants hotpot was badly hit since people are stucked at home. Fast forward to today...........if you have missed the boat at the bottom price point of 11.48, does it really matter ? I would argue that the margin of safety

How to buy when the stock has gone up 90% straight up?Oh no........the stock has gone up like an arrow, it looks so scary........can buy or not ?

FOMO : Should we chase or not chase ?Using one of my favourite stock as an example, we can see from the weekly chart that price has gone up by 42% from the low of 190.6 which was the first buy zone. Second buy zone was at 264 price level and the third price was at 348. We can witness the 4th buy zone soon after it breaks above the resistance at 458. As it is a week long holidays in China, the market remain closed. What will happen after a week? I think the FOMO will continue as consumers are not gaining confidence from the govern

Chinese consumers - will they spend more now with the stimulus ?Nobody knows until the next sets of data starts to roll in . With the upcoming Labour Day holidays, 1st Oct, it is reasonable to expect more Chinese will travel if not outbound , it will be inbound travel within the country. Hospitality , Food & Beverage sectors, entertainment, shopping malls should benefit from this holiday. We can see from the weekly chart that there is strong support at the 11.48 price level and a very nice bullish candle rallying with the recent government stimulus. With t

longer term for Tencent is Bullish Referring to the weekly chart, we can see a strong bullish candle piercing above the resistance line at 396.6. With the strong government measures benefitting all sectors (not Banks) , I expect the rally in Tencent to continue with more sales revenues coming in for Labour Day (1st Oct ) and Singles Day...... Let's wait for a good pullback and add more to this amazing company....

Hong Kong Stock Exchange Testing HKD 293 Resistance The Hong Kong and China stock markets have seen a rebound in recent months. The Hong Kong Stock Exchange is the main direct beneficiary as trading volumes return strongly. The share price is testing the HKD 293 resistance with a strong upward movement. I remain optimistic about the HKSE, believing that Asian equities will come back stronger after the FED cuts rates.

Statistical arbitrage, Short Tesla high valuation, buy BYD The prevailing pessimism surrounding China and Tesla's high valuation create an opportunity for a statistical arbitrage strategy. In this setup, you could short Tesla or buy puts, while hedging the risk of a potential uptick in EV sales by going long on BYD stock or purchasing call options. The goal is to achieve a 'market-neutral' trade by balancing the downside risk in Tesla with the potential upside in BYD. The following chart simulates potential returns if you shorted one Tesla share for eac

by Marcos_Camacho

BYD Short: End of Double combination This call is based on what I observed to be the completion of 2 corrective A-B-Cs (in green) with the 2nd C wave as an ending diagonal. Take note that there is a minor trendline (in green) that is also broken. The stop for this idea is around 250HKD and the first TP is at 203HKD.

Amazing!!! 9988 On The Rise After I sold The Stock Again!!! Amazing!!!! It is as if because I was holding to some stock of Alibaba... So a bunch of Whales purposely do stupid shit to this stocks and refuse to let it rise!!! And now that I have sold it!!! The Whales lost the interest and up up up up up it goes!!! I wonder who are the whales with so much money willing to spend trillions and trillions of dollars on this type of stupid shit!!!!

by WorkaholicTan

This time is different?Technical: It has hold the major 200 ma on daily timeframe with ma30, 50 support The $120 resistance (tested for 11 weeks) from ma 100 weekly timeframe will likely to become support since the daily timeframe holds and form a short base throughout Aug. Currently at the low point of trend continuation after weekly timeframe pullback since may 2024. If there is lack of momentum to breakout , it will likely to test back the 100 level, and could even breakthrough it to create a deeper retracement.