China Evergrande Group speculative buyGovernment intervention to aid the crisis-hit property sector:
China Evergrande Group named a state firm official to its board.
Two of its peers sold assets to state-owned entities.
The buy volume was increasing lately.
If you want a short term speculative buy, China Evergrande Groupcould be your pick.
Looking forward to read your opinion about it.
China
ADA/USDT Secondary trend. Local work. China.One of the most hit coins, which is now at values of more than +2700% of the average price of the main dial zone. On the chart I showed the secondary trend of this cryptocurrency and work in it in case the downtrend breaks.
Currently, the price is at the mirror support level of the big cup. When working on this cryptocurrency, one should understand at what price values this cryptocurrency is even after a pump correction since September.
It is also worth noting that the main growth driver of this cryptocurrency could be China.
The main trend of this cryptocurrency:
ADA / USD Main trend (part). Chalice (Phase 4) Psychology
Hook line and sinkerPretty clear Bullish divergence in the Rsi
easy flush for noobs in the market
80-90% chance of triple top with btc ranging 80-110k
btc likely to land between 32-29k with buy-in starting from 34k
Current consolidation zone for 6-7month longs,with alts preparing for permeant price action aka after this bull run alts lowest low atm will never be met again
BITCOIN and China stock market go hand in hand despite the bans!I see a lot of interest on my Bitcoin vs U.S. indices fractals and that motivated to make more seemingly 'odd' comparisons that end up to interesting findings.
One such interesting finding is the comparison of Bitcoin (orange trend-line) to the Shanghai Stock Exchange (black trend-line). Everyone in the crypto world knows how strongly the Chinese government has been battling Bitcoin mining and transactions. Last year alone (2021) we had two such events with the May one being the most severe causing a price correction of more than -50%.
Despite the bans, this chart shows the remarkable correlation of BTC with the Chinese stock market! To get a better understanding of how closely correlated they have been since late 2017, I've plotted also the S&P500 index (light grey), on very low opacity though so that it doesn't spoil the main comparison of this study. Especially their correlation throughout 2021 is astounding as both BTC and Shanghai have been trading within a wide range, while the S&P was making High after High.
So the question is obvious. Why despite all of China's hostility and legal actions against BTCUSD, it is so correlated to their stock exchange? I am very curious to read your thoughts. Let's make a heated discussion in the comments section down below!
Feel free to share your work!
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$XAUUSD the big move is near*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Nerves are high whenever we look at this bad boy. If this move is as big as we think it's going to be people are about to make a lot of money. People are also about to lose a lot of money. Some people on my team are speculating that you should go long here, others are neutral.
Nobody on our team is bearish on this call.
A gold mining company called Harmony Gold $HMY is where some of us have parked a little cash in case this is bullish.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
The Chinese currency is in the lowest price range since 2018FX:USDCNH
The Chinese currency is in the lowest price range since 2018
Yuan is in the Support Area
China Yuan Support Range : 6.31000-6.40000
Entry Price :6.35000
1st TP: 6.47000 R/R: 3
2nd TP: 6.59000 R/R: 6
3rd TP: 6.69500 R/R: 8.5
SL: 6.31000
GXC Long Range CycleJust doing some research and then realized that the GXC (China ETF) has a 10 year historical cycle pattern. In this pattern, it appears to be at a bottoming out period.
Just sharing an observation from the technical cycle aspects. Other qualifiers suggest a similar indication (not discussed herein).
What you also can observe is that there is a peak about 2/3 into the cycle... which projects about end 2023 peak from the current projected bottom.
WNW from $160 to $2.09Wunong Net Technology Company Limited Changed its name to Meiwu Technology Company Limited
Xinliang Zhang, CEO of the Company: “The Company’s new name better reflects the Company’s international business line beyond its Wunong Net business as a global high-tech internet trading platform with a global commodity chain and the comprehensive services such as online consultation, display, sales and after-sales services. We are excited about our development in this new chapter.”
This is a speculative buy.
BRQS 5G Automobile and EV Smart Cockpit Market playBorqs Technologies is a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy with operations in the United States, India and China.
Borqs Technologies has entered into a five year Strategic Cooperation Agreement with Cheyin Intelligent Technologies, an intelligent vehicle solutions provider for automobile OEMs, to develop manufacturing of In-Vehicle-Infotainment systems, intelligent cockpit systems and intelligent assisted driving systems.
Depending on the development, this stock can go to $1.9 i think.
LIFETIME OPPORTUNITY IN CHINESE STOCKS ?BZUN :
Chinese stocks have been beaten down badly. Is this the opportunity of a lifetime to buy them cheap? I don't know.
Tell me what you think.
I like the chart and it looks like we could have a substantial bounce here. I'm buying some January calls.
All resistances mentioned on the chart are potential targets. Let's regain the 50 MA and see.
NIO and BABA charts look also good.
Trade safe!
KWEB: China tech bottomed?I think it's either the bottom or very close to it. Worth taking a punt here, risk 3 average ranges down and go for the gold .
Let's see how this one works out, I'm not risking big on China overall, but from a contrarian standpoint it is really interesting as to pass on it here. It will be more confirmed once the daily chart flashes a bottom signal, this would take a couple weeks, after not falling lower.
Cheers,
Ivan Labrie.
Xiaomi bottomed - We are heading towards new All-time highs!Hey Investor,
please see my current idea on the Xiaomi stock, where my count suggests a possible bottom for a trend reversal in order to make new highs. This is calculated based on my Elliot Waves Count by the fact, that wave C has the same length as wave a.
I have checked the inner structure of wave C in order to check the inner structure of this wave. Based on this knowledge I am very confident that we might have our bottom here.
Let me know what you think.
This is no financial advice, just my technical view.
RT
Set Alerts for these linesThe art of catching a fallen knife takes lots of patience.
The best time to buy a falling stock is when it starts reversing, and for that you need to have at least 2 confirmation levels for NIO to break.
Before buying in NIO, you would need it to break the resistance trend line CONFIRMATION 1.
Then for a strong trend reversal confirmation you need NIO to break the resistance line CONFIRMATION 2.
Draw these 2 lines and set alerts for them.
Let the trade come to you, don't chase the trade!