Chinastocks
Bullish China Tech in Short TermChina theme seems too beaten down but looks like Chinese Tech will pop up in short to medium term.
Entry : 36
Stop Loss: 34.50
Exit: 48 to 54 Range (Depending on how the trade unfolds)
Time: End of Feb 2025
This could be a good 25-30% gain.
All the best.
Marketpanda
Disclaimer: The information provided is for general informational and educational purposes only, and does not constitute financial, investment, or legal advice. None of the content shared should be relied upon as the sole basis for making investment decisions. Prior to making any financial or investment decisions, it is strongly recommended that you consult with a qualified financial advisor, accountant, or other professional who is familiar with your individual circumstances and risk tolerance. Any reliance you place on the information presented is strictly at your own risk, and we are not responsible for any losses, damages, or liabilities resulting from your investment or trading activities.
"CHINA50" Index Market Bullish Heist PlanHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist "CHINA50" Index Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Target 🎯 : 15.200
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
$NASDAQ:BILI Breakout soon? As you can see on the chart, NASDAQ:BILI has been trending towards a breakout from the downwards trendline created during the 2021 crash (1W Chart).
Following the bullish channel created shortly after the double bottom confirmation back in Jan 2024, we can speculate billy to soon challenge the $40 dollar range.
Things to look out for:
bounce from the 100 EMA.
RSI crossover (w/ conviction).
Overall bullish. Let me know what your thoughts are on $NASDAQ:BILI.
NFA.
FXI to $55.00 someday ?FXI , the most representative ETF of the Chinese stock market, reflects, in our view, a 15-year stagnation that contrasts with the remarkable economic growth China has experienced during the same period.
Since May 2008, the FXI has unsuccessfully attempted to break above the $55.00 level, registering relative highs at the following points:
May 2008: $55.00
April 2015: $52.85
January 2018: $54.00
February 2021: $54.53
At the same time, since October 2008, the ETF appears to have established a support level near $20.00, with notable lows at:
October 2008: $19.35
October 2022: $20.87
January 2024: $20.86
A key level: $33.73
Currently, FXI is attempting to break above $33.73, which corresponds to the 0.382 Fibonacci retracement level. This calculation is based on the relative high of $54.53 (February 2021) and the lows recorded in October 2022 ($20.87) and January 2024 ($20.86).
In October 2024, the price temporarily surpassed this level, driven by high volume, reaching the 0.50 level ($37.70). However, this movement was short-lived and lacked follow-through.
The key question
Will FXI manage to decisively break through the $33.73 (0.382) level in the coming days? And if so, will it reach the following key Fibonacci levels?
$37.70 (0.50)
$41.67 (0.618)
$47.32 (0.786)
$54.53 (1.00)
While FXI is still far from breaking through the $55.00 barrier, a sustained move from the $20.86 lows could signal a historic trend shift, challenging the ceiling that has capped its price for the past 15 years.
Our opinion is for educational purposes only and should not be considered a recommendation to buy or sell. Before making any investment, consult with your financial advisor.
$PDD Long to $106-$108I entered into a long on NASDAQ:PDD at $97.50 and am moving my stop loss up to $97.5 from $95. Either PDD breaks $100 and we reach downtrend resistance around $106-$108, or it gets rejected here and goes down further. I'm positioning myself in case this happens, potentially losing current profit but leaving the trade open for an additional 7-9%.
Alibaba - Trump Won't Beat This Stock!Alibaba ( NYSE:BABA ) is bullish despite Trump's presidency:
Click chart above to see the detailed analysis👆🏻
Two months ago, Alibaba pumped 30% within a couple of days, perfectly following the resistance trendline breakout. So far we saw a rejection of the upper resistance level and it is quite likely that Alibaba will retest the breakout area. However, the underlying price action is still bullish.
Levels to watch: $80, $115
Keep your long term vision,
Philip (BasicTrading)
Navigating the Gold Market: Tips for Investors
Gold, often hailed as a safe-haven asset, is increasingly finding itself at the mercy of two powerful forces: China and the U.S. dollar. As these two economic giants influence global markets, their actions have a direct impact on the price of gold.
China's Growing Appetite for Gold
China's insatiable demand for gold has been a significant driver of the yellow metal's price. The country's burgeoning middle class, coupled with its cultural affinity for gold, has fueled a surge in gold consumption. This demand is not limited to jewelry; it extends to investment purposes as well.
China's central bank, the People's Bank of China (PBOC), has also been a major buyer of gold. By diversifying its foreign exchange reserves, the PBOC aims to reduce its reliance on the U.S. dollar and mitigate risks associated with geopolitical tensions. As China continues to accumulate gold, it exerts significant influence over the global gold market.
The Dominance of the U.S. Dollar
The U.S. dollar, as the world's primary reserve currency, holds immense sway over the global economy. Its value relative to other currencies, often referred to as the "dollar index," has a significant impact on the price of gold.
When the dollar strengthens, it typically leads to a decline in the price of gold. This is because gold is priced in U.S. dollars. As the dollar appreciates, it becomes more expensive for foreign investors to purchase gold, which can dampen demand and put downward pressure on prices.
Conversely, when the dollar weakens, gold often appreciates. A weaker dollar makes gold more affordable for foreign buyers, stimulating demand and driving up prices.
The Interplay Between China and the U.S. Dollar
The interplay between China's growing demand for gold and the strength of the U.S. dollar creates a complex dynamic that can impact the price of gold.
• Competing Forces: China's demand for gold can support prices, while a strong U.S. dollar can exert downward pressure.
• Geopolitical Tensions: Geopolitical tensions between the U.S. and China can exacerbate market volatility and impact the price of gold.
• Global Economic Conditions: Global economic conditions, such as inflation, interest rates, and economic growth, can also influence the demand for gold.
The Future of Gold
The future of gold remains uncertain, but China and the U.S. dollar will continue to play a significant role in shaping its price. As China's economy grows and its influence on the global stage increases, its demand for gold is likely to remain strong.
However, the strength of the U.S. dollar will also be a key factor. If the dollar strengthens significantly, it could put downward pressure on gold prices. Conversely, a weakening dollar could support gold prices.
In conclusion, gold's future is intertwined with the economic and geopolitical landscape. While it remains a valuable asset, investors should carefully consider the impact of China and the U.S. dollar on its price. Diversification and a long-term investment horizon may be prudent strategies for those seeking exposure to gold.
Additional Factors Affecting Gold Prices
• Inflation: Gold is often seen as a hedge against inflation. As inflation rises, the purchasing power of fiat currencies declines, making gold an attractive investment.
• Interest Rates: Higher interest rates can reduce the appeal of gold, as investors may prefer to invest in interest-bearing assets.
• Market Sentiment: Investor sentiment and market psychology can significantly impact gold prices, especially during periods of economic uncertainty.
• Supply and Demand Dynamics: Global gold production and demand can influence prices. Changes in mining production or shifts in consumer demand can affect supply and demand dynamics.
By understanding the interplay of these factors, investors can make more informed decisions about investing in gold.
LONG HANGSENG"Don't fear the noise from analysts.
Trump's win and Hang Seng's current valuation are likely already priced in. Many analysts won't clarify this because narratives can drive market behavior.
Stay informed, but think critically. 🧠📉"
Risk Reward is clearly visible in CHART.
Just follow charts rather than Narratives and Analysts.
CHINA 50 Index Market Money Heist Plan on Bearish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist CHINA 50 Index Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry 👇 📉: Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe, Recent / Nearest High Point.
Stop Loss 🛑: Recent Swing High using 2h timeframe
Attention for Scalpers : Focus to scalp only on Short side, If you've got a money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
BABA Alibaba Options Ahead of EarningsIf you haven`t bought BABA before the major breakout:
Now analyzing the options chain and the chart patterns of BABA Alibaba prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $3.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
JD Options Ahead of EarningsIf you haven`t bought JD before the major breakout:
Now analyzing the options chain and the chart patterns of JD prior to the earnings report this week,
I would consider purchasing the 40usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.81.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
CHINA 50 Market Money Heist Plan on Bullish Side.Hello! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CHINA 50 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 1h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Xiamen Changelight Soars 108% in Just 16 Days!Xiamen Changelight Analysis:
Xiamen Changelight has seen a phenomenal rally, achieving a stunning 108% gain over the past 16 days. The recent bullish momentum has allowed the stock to achieve all target levels, with each level surpassed in quick succession.
Trade Setup:
Entry Point: $8.11
Stop Loss: $7.86
Target Levels:
TP 1: $8.41
TP 2: $8.90
TP 3: $9.38
TP 4: $9.69
Technical Indicators:
The stock has trended strongly above the Risological dotted trend line, showing a clear uptrend and sustained buying pressure. The price action’s alignment with this trend suggests confidence among buyers and the potential for continuation if volume remains supportive.
Market Sentiment:
The sharp rise in share price reflects strong interest in Xiamen Changelight, potentially driven by fundamental catalysts or broader market trends in its industry. With robust volume supporting the upward movement, the momentum appears sustainable, although some consolidation might occur after such a large gain.
Outlook:
With all targets reached, traders should monitor for any pullback or consolidation phase as new support levels are established. The strong trend could attract further interest, especially if broader sentiment remains positive. Keep an eye on volume and price stability to assess if another leg up is likely in the coming sessions.
CHINA 50 Index Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CHINA 50 Index based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 1h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
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 they have been over-bought - 20-30% growth on average before the policies are even put in place. For instance, stocks like the HK exchange itself HK:0388 experienced a doubling in price. This, along with the fact that ETFs of the Chinese markets in Singapore and Taiwan both received much more purchasing power than even the Chinese markets themselves, highlight a significant irrationality in the markets right now. Considering the correction in trends recently, it would not be advisable to purchase stocks in the Chinese markets right now.
Who Gets Rich in China's Market Rally?On September 24th, China announced an unprecedented fiscal stimulus, aiming to rescue its ailing economy. As soon as the news got out, China’s stock market staged a huge rally. The Shanghai Stock Exchange (SSE) index moved from below 2,800 on September 24th to close at 3,336.5 on September 30th, up 19% in a week. One-month return for the SSE and notable Chinese stocks are listed here:
• SSE: +17.5%
• Yonghui Supermarkets: +59.9%
• JD: +51.3%
• BABA: +32.5%
• BIDU: +25.5%
China's stock market is closed on October 1-7 to observe the National Day holiday. Social media is floating a lot of fairytales about who made a big fortune in the last week of September. Here are two of the stories:
The first one is about MINISO, a boutique Chinese department store chain with over 5,000 stores worldwide. It is listed on the NYSE under the stock symbol $MNSO. On September 23rd, MINISO announced that it would acquire 2.67 billion shares of troubled supermarket chain Yonghui Supermarkets (601933.SH), at RMB 2.25 per share.
The next day, China announced the stimulus package, and all stock prices shot up. On September 30th, Yonghui closed at RMB 3.63, up 1.38 yuan or 61.3% from a week ago. With the acquisition of 2.67 billion shares, MINISO stands to make a profit of RMB 3.68 billion, equivalent to US$200 million (at USD/RMB exchange rate of 7.09).
MINISO could sit on the nice profit for three months and do nothing. It does not have to remit payment for the acquisition until Q1 2025. Is this just good luck or what?
The second story is about Michael Burry of Scion Capital, a Wall Street outcast made famous by Michael Lewis’ bestseller, the Big Short, and the hit movie with the same title, with Christian Bale portraying Burry. Recent SEC filing shows that as of the end of Q2 2024, Scion’s largest stock holding is BABA, accounting for 22% of its fund. JD and BIDU are its fourth and fifth holding, respectively. Each is for about a 12.5% share.
For an unknown reason, the Big Short turned into a Big Long with nearly half of its investment concentrating on Chinese stocks. With a timing precision, Burry scooped them up cheap just before they popped. Is this superb stock picking skill, or just luck?
Would the China rally continue when the market resumes trading on Tuesday? Goldman Sachs just released a research note, saying: Unless China does QE now, the current market rally will crash and burn, and the economy will be a crater. If China does do QE, oil will soar, and gold and bitcoin will be orders of magnitude higher.
While this is presented as two alternative paths, there is only one way to go, in all practical purpose. After going all out last month with unprecedented fiscal stimulus, the Chinese government could not afford to see the stock market and the housing market to tank again. It really needs to finish the job by injecting financial stimulus into the economy. Now that the market sensation has already turned positive, government spending would trigger consumer spending as well as investment from the private sector. Such a multiplier effect could lift the Chinese economy higher.
Happy Trading!
China Stocks: What to Expect When Markets Reopen Stocks in Shanghai, Shenzhen, and Hong Kong took off last week and continued their climb on Monday, posting their best single-day rally in 16 years. This surge came after several announcements from Beijing aimed at boosting the country’s economy.
But now, The Shanghai Stock Exchange will be closed from Oct. 1 to Oct. 7 for China’s National Day celebrations, and Hong Kong’s market will also shut on Oct. 1. However, U.S.-listed China ETFs will still be trading, so when the Chinese exchanges reopen on Oct. 7, we could see big moves as global investors get ahead of the Chinese market.
China’s stock market is known for its wild swings, mainly because retail investors make up about two-thirds of the trading. That means we might see some significant volatility once the markets open back up.
Chinese Markets Come Roaring Back | +87% on $JD options trade! NASDAQ:JD Price action is a sign of strength today - whereas pundits said Chinese markets will open weak.
I love what we're seeing today and have updated our upcoming resistance points to consider profit taking.
They are as follows (est.): $46, $50, $60.
On continuing strong VOL, this name should continue to feel the love!
Shanghai Stock Exchange - MACRO OUTLOOK DANGER!!SSE Composite Index
Macro timeframe has just confirmed a bearish trend incoming.
Expiry set for October 2026 with macro targets of $2,000 - $1,700.
Short term we may take the lows of $2,600's followed by a dead cat bounce toward $3,000's and macro bearish structure will remain the same. Macro bearish idea invalidation upon a strong close above $3,200.
HK50 gave back all of its gains over the past month
BYD and Li Auto dropped by 5.57% and 7.29%, respectively, exerting a decisive impact on the decline of HK50. Despite BYD's reporting of favorable 2Q earnings with a 26% increase in sales, the results fell below expectations. Meanwhile, Li Auto's 2Q performance was down 45% YoY, while sales increased by 10%. However, the 5.6% decline in electric vehicle deliveries in Aug compared to the previous month raised concerns about the Chinese EV market. With growing export tensions, the outlook for Chinese EV manufacturers will likely worsen in 2024, further amplifying the negative sentiment toward the index.
HK50 gave up all the two-week gains and closed at around 17150. The index still holds above the descending channel's upper bound but slid below both EMAs, sending apparent bearish signals. If HK50 fails to hold above both EMAs and breaks the 16700 support, the index may reenter the descending channel and fall further to the 15850 support. Conversely, if HK50 climbs above both EMAs and extends its uptrend to the short-term high at 18200, the index could gain upward momentum to the resistance at 18600.