ICBC SELL — Bearish Pressure Building Toward Lower LevelsICBC is currently presenting a bearish market structure, with price action showing increasing downside pressure after failing to sustain the recent recovery.
The latest movement suggests that sellers are gradually taking control, while the upside momentum appears to be losing strength.
From a technical perspective, the chart is developing a downside-biased structure, with successive reactions indicating that buying strength is becoming less convincing. Rather than maintaining a sustained advan
Industrial and Commercial Bank of China Ltd.
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ICBC — Buyers Targeting Higher LevelsIndustrial and Commercial Bank of China (ICBC) is showing a constructive bullish structure, with buyers maintaining control around the current price area. The overall setup favors the upside as long as the key support structure continues to hold.
Price action suggests that demand remains active, while sustained buying pressure could allow ICBC to push toward higher resistance levels. A confirmed breakout above nearby resistance would further strengthen the bullish outlook and could attract addi
Will we see a repeat of 2007 and 2018 again ?As a state bank, there can be reasons not known to the public how the internal systems works and investors who bought this stock mainly like its dividend story and its stability (world's largest bank).
I am vested and still holding to this stock, not planning to add more nor sell.
Please DYODD
Heard the 10am package is not fantastic, so no hurry to chaseHmmm, was expecting some sort of fireworks this morning, a little disappointed......who knows after 10am when they released the news. But I heard it is not so great, so analysts may provide more take profits call, selling while many retail investors in China (1st day returning to work after the Golden Week) have yet to get their account open.
I am already vested in this Bank and earning good dividends since 2022 though the price has fallen quite a bit then.
No need to FOMO and waste your b
Why Chinese Stocks may be risky for the time beingRecent 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
Chinese banks in my watchlistWith more rate cuts coming up from the FEDs in the coming months, we can reasonably expect the big banks in China will follow suit as well. Already, the government is pushing stimulus for these banks to lend out more money by lowering the RRR. But, is it enough?
Loans business remain sluggish in the 2nd largest economy. Read here
It will take at least 12 -18 months before we start to see an increase in banks increasing their rates again. Currently, with ultra low interest rates, that means
Chinese banks exposureRead latest news here www.scmp.com
I have bought this bank quite some time ago for its stable dividends and being a government bank, it offers me a stable dividend payout. The capital appreciation was definitely a surprise as you can see from chart that it went sideway for quite a while...........
For those who wants to take a quick trade, I would say it is over as it has gone up more than 20% and is unlikely to soar any higher, maybe another 1-5% which is risky in my opinion to enter now.
On
ICBC presenting a good buying opportunityWaiting for 3.98 price level where we can see a support in Oct 2020. It could also falls further to the Sept low of 3.44 to 3.74 level. No hurry, since bank stocks are not likely going to shoot up like the cryptocurrency.
The dividends are good and the fact that it is State owned means the Central Banks will not see to it going belly up. So, the last point is crucial as some form of cushioning. I am betting this more from longer term perspectives like 5-10 years or longer so getting them at va
UPDATE Industrial and commercial bank of china limited reDaily frame
The intersection of the uptrend and downtrend, with the availability of a sell signal on the volume indicator, in addition to the formation of the butterfly pattern on the chart. All these indicators give us a prediction that the market will correct upwards , which gives us an opportunity to buy and get profits.
Industrial and commercial bank of china limited recommendationDaily frame
The intersection of the uptrend and downtrend, with the availability of a sell signal on the volume indicator, in addition to the formation of the butterfly pattern on the chart. All these indicators give us a prediction that the market will correct upwards , which gives us an opportunity to buy and get profits.
1398 (HKX) - Still Continue BullishGreetings
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Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate an






















