Chinese EV Stock Xpeng XPEV Has A Bullish PotentialXpeng XPEV violated the downward trend line with a bullish strength and momentum.
XPEV could target $34.40 and $41.80 consecutively according to Fibonacci retracement levels.
Xpeng has underperformed this year, with its stocks down by roughly 30% each, since early January.
The Chinese electric vehicle (EV) space is booming, with China-based manufacturers accounting for over 50% of global EV deliveries.
Chinastocks
Ehang takes flightMy advisor Marketmiracle has generated a purchase signal for the title Ehang Holding that according to the graphical situation seems to want to take flight.
The target is from 21.46 usd to 28.17 for a potential profit of 31.29%
The stock has a slightly negative market sentiment so it is possible that there is a hesitation before starting to rise,
In any case we are close to the release of the data of the quarter for which it is a trade that hides a risk on the fundamental data and being a very volatile stock is subject to fluctuations even violent.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
BIDU Buy After Double BottomChinese stocks have been beaten up tremendously I think its over done Good time to buy BIDU given the stock just bounced on support. Baidu provides internet search services primarily in China (Chinese Google). Last week Bidu launched China's first fully driverless robotaxi service. 25x P/E is relatively cheap for a self driving play like Bidu when you consider the only other true competitor Tesla trades over 1,000x P/E. The biggest threat to Baidu right now is a exodus of foreign investment into the Chinese market. I think the price already reflects that and the potential for upside far outweighs the downside as this stock is only up 15% in the past 5 years.
Trading Idea - Qingling Motors Buy - HIGH SPECULATIVE PENNYSTOCK!
Entry: 1.72 HKD
Target: 1.90 HKD
Stop: 1.65 HKD
1.) Strong resistance avead! Around 1.90 HKD
2.) Rejection at the 0.5 Fibonacci Retracement indicates a trend continuation
3.) if we break the resistance level, 2.15 HKD possible!
4.) If you trade this stock on european exchanges, take care of the spread!!!!
Chinese Stocks to pay attention to KonicaAs a company on the technical this is within a growth economy that has underperformed in 2021. I like this because it has a huge under evaluation and falls into a demand zone on the monthly. With a great sign of manipulation performed by monthly spring. With market structure break north side I look for a return to origin to buy. This 78.6% retracement should see more room for this stock to rise.
IINX - China - Battery and Solar - Expanding to EV - The KingCHINA - Battery n Solar - They are expanding to EV charging station
2020 - Big increase in Sales
2020 - Minus but prior was Profit
UXIN - what is going to happen? Uxin is fighting on the channel pretty long time. Today is the date of report earnings. What will happen?
Technicals look like any catalyst can push this at least to 1.50.. After that... who knows?
China economics is looking good while comparing to the rest of the world during the pandemic.
Electric cars are booming in China.
Uxin, as a used-car retailer, can have a huge gains on the market.
Let's see quartely reports.
For technicals I use here :
For looking for the support and resistance - Volume levels, Moving Averages,Tops and Lows.
For trend forecasting - MACD, RSI, MF, Divergance indicator.
For now:
I'm packing bags a little at 1.02
1st PT : 1:28
2nd PT : 1.42
3rd PT: 1.70
Further: who knows... wait for the top and sell then :D
Stop loss: 0.99
Archegos Capital: The Death of a Beached WhaleWhat is a Whale, and Why is Archegos Capital One?
Archegos Capital is what's called a "whale," meaning it's a big enough hedge fund that it can drive prices higher all by itself. Since a lot of traders buy "momentum" stocks, whales can make money by manipulating prices higher and then selling to "dumb money" that buys momentum stocks without regard to fundamentals on the assumption that the stock's momentum is some kind of meaningful signal about the company's health.
Archegos seems to have been doing this for a while now, and it's been doing it largely with borrowed money. Archegos had about 500% more money in the market than it actually has in assets. (We call this 5x leverage.) This money was concentrated in just a few highly overvalued media and Chinese stocks-- ViacomCBS, Discovery Media, Baidu, Tencent, VIPshop, GSX, Farfetch, IQIYI, FUTU, and UP Fintech.
What is a Margin Call? How Archegos Got Beached
Lately, the winds have been shifting and traders have been abandoning overheated "momentum" stocks in favor of defensive value plays. Archegos has been feeling the pain. Then ViacomCBS-- one of Archegos's largest holdings-- announced that it would issue a bunch of new shares. This caused the stock price to drop. The sudden sharp reduction in Archegos's value put it over its borrowing limit and caused its lenders issue a "margin call," demanding that it sell shares to cover its debts.
Because Archegos's holdings were so concentrated, its selling triggered a chain reaction. The prices of its main holdings plummeted, causing more margin calls and more forced selling. As a result, Archegos Capital has lost some $33bn in the last 3-4 trading days. The unwind has been spectacular to watch. Its main holdings are down 15-50%. (Archegos also apparently had short positions in the S&P 500, which is why the S&P shot higher as the fund unwound those positions in the last hour of trading Friday.) Rumor has it that Archegos may still have some $20bn of positions left to unwind this week, including a couple billion in ViacomCBS.
Archegos CEO Bill Hwang is an evangelical Christian (trustee of Fuller Theological Seminary, among other things) who publicly attributes his investing success to his faith. He also pleaded guilty in 2012 to charges of insider trading. He reminds me a lot of ARK Invest CEO Cathie Wood, another whale fund leader who talks a lot about faith. I hope Cathie's investors are taking notes.
Along with the GameStop fiasco, this is the sort of activity you see at major market turning points. What has worked for years suddenly stops working. The tide goes out, leaving bad bets and price manipulation schemes exposed on the beach.
As the Momentum Tide Goes Out, Beware Leverage and Concentration Risk
The Archegos story dramatically illustrates two different points.
First, the market is losing faith in "momentum" as a technical signal, at least until prices correct quite a bit.
And second, leverage and concentration pose a significant market risk. Market crashes require forced selling, and forced selling requires leverage. Overall margin debt is now at an all-time high of $813 billion, according to FINRA data. That's up from $479 billion this time last year. That means that risk is high, and we could see more interesting margin call events if hedge funds fail to learn their lesson from this.
$HAPP Bullish rise out of a large Covid downturn over last year?This is a technical analysis of the symbol $HAPP using primarily MACD, RSI and Ichimoku meant to explore if the current trend is temporary volatility or a turn to bullish.
Since February 2020 $HAPP has had a large bear trend down from 5.00 $ to a current 2.00 $ with a lowest price of 1.50 $ in between. Now there has been signs of a return to a bearish trend since November 2020 with, in my regard, the most clear signal being the Ichimoku cloud for the first time closing and returning to green.
In the image you can see the four primary signals that indicate a bullish trend, highlighted with suns:
The price has once again and recently passed over a MA 56 .
The MACD has just passed its signal line and instead of doing so above the 0 mark, it has done so right below it.
The RSI has moved over the bottom line and is at the time of writing also moving upwards.
The Ichimoku is yet again about to close its red cloud and return to green.
These are all very clear signals, but lets now look how this chart could instead be interpreted as an impending bearish turn-back. Here are some signals, and thoughts, on this:
As Volatility rises so also is any perceived signals reliability weakened.
The last lowest candle on the 4 of March 2021 reached a lower price-point than it did in the low candle on the 20th of January 2021. If this trend continues, that is the clearest sign that a return to bearish trend is impending.
The RSI could fail to reach the same height as it did on the 16th of February and if it does that could a good indicator that the momentum of the price has halted or at least been lowered.
And finally, a few thought on the ranges of the two recent value spikes that had their highs on the 12th of January and the 17th of February:
Their price ranges were similar with a value increase of 0.6-0.7 $.
Volatility hasn't decreased in any significant way.
These two factors together could suggest an impending third spike soon, but because of the lower starting price of this spike it is unclear how far it will move.
I believe if it moves above the pre-established 0.6-0.7 $ price increase seen previously then that could strongly indicate that the price will lower in Volatility and a more steady bullish trend could be on its way.
In conclusion:
I interpret the points laid before you that there is a high probability of an impending spike in price that could be over within a day or two after it´s hit its peak. This is due to uncertainty whether it is a true trend reversal, wishes and beliefs by long term investors that it is a true trend reversal and that their wishes have been met by shorter term investors who cash out or bail out at any sign that the spike has peaked.
There are also good potential signals that the trend could be more long-term bullish:
If the RSI moves above its previous high on the 17th it would indicate a turn in trend to steady bullish.
If the price stays within a price range of ~0.20 $ shortly below a high for around a week it would strongly indicate a turn in trend to steady bullish.
If the Ichimoku keeps a green cloud open for longer than a month it would strongly indicate a turn in trend to steady bullish.
Thank you, and please, if you have any other thoughts or counter-points make sure to share them so I may discuss this symbol or my methods with you.
This consumer stock will explore (Xiabuxiabu)For those who do not live in China or have never been to China, you probably dont know about this company.
HKEX:520 is actually the largest chain of hotpot restaurant in China.
In their recent pre-release of annual result, they have declared the earnings has decliend by 90%...but yet their stock price didn't fall on that day...on the contrary it was a green day for them because the downfall in profitability was due to Covid..meaning the current price is actually a bottom line for their stock.
If you look at their price action, apparently it has consolidated at around 17.5 a share and its gradually gaining momentum to break-up the downward trend line and once it does, i m sure it would spike towards the 20 dollar mark.
With the cut loss price set at the recent low at 15-ish, there is a great 2:1 risk reward ratio for an entry to this stock.
Remember that China is almost totally recovered from the pandemic and its expecting to achieve 6% GDP growth this year. The next annual report of Xiabuxiabu could only be better so as its share price
METX: Start to a big run?This one is interesting. ESL is a huge industry in China. From what I've gathered over 4 billy. That isn't likely to slow down any time soon. $COE is the only other publicly traded equity in China that I could find (Please let me know if I'm wrong) and that had a similar chart that opened to a downtrend and slowly started growing.
The good new here: Cheap AF, 238% increase in gross billings & 192% increase in student enrollments, doesn't seem to be massively overvalued considering the size of china's ESL market, not a whole lot of competition (correct me if I'm wrong)
the bad: business seemed to be hit hard during the pandemic, revenue, and a lot of other metrics took a hit. Hopefully the next few quarters they will get back on track, and make the investors happy.
Still learning fundamental analysis lol.
What do you think about this stonk?
Why $CLEU stock crashed heavily in February?Reason of the increase in the begining of the february is likely traders in private chats pumping up shares of the stock. Social media talk seems to suggest as much. This has been a growing trend in recent months with Discord groups dedicated to pumping and dumping stocks.
Due to the private nature of Discord groups, it’s hard to pin down where exactly the push into CLEU stock came from. However, once news of the pump spreads to larger social media it typically creates interest in stocks as other investors jump on the bandwagon looking for profits.
finance.yahoo.com
China's Consumer Discretionary ETFFrom the beginning of 2020, emerging markets, and specially China, had been really outperforming.
The sector has taken a 12% correction from its high on February 16th. Which was coincidental with the past sell signals from the drawn channel.
We have tested the 50sma, which has worked as the lower channel trend line in this system.
Risk-reward-ratio is fantastic as we can a stop below the moving average; with a target around $42.
Top 5 Holdings:
Meituan (10.38%)
Alibaba (7.92%)
NIO (7.42%)
JD (6.98%)
PDD (5.94%)
$RIOT blockchain Stock skyrocketed to new highsBitcoin Blasted Above $50,000 Today, Causing Riot blockchain Stock to Soar as Well
More and more, Bitcoin is becoming accepted by major companies, suggesting it is well on its way to mainstream adoption.
catalysts that are pushing bitcoin price up:
- Mastercard (NYSE:MA) announced that it will allow cryptocurrencies on its payments network before the end of 2021.
- Bank of New York Mellon (NYSE:BK) will also start supporting its clients' Bitcoin needs, according to The Wall Street Journal.
If these truly are the early signs of the so-called phase four of Bitcoin's adoption, then demand could keep growing for Bitcoin throughout 2021.
Demand is growing, and that's why the price of Bitcoin has soared in recent months.
And many investors believe a good way to play this trend is by buying Bitcoin-mining stock like $RIOT blockchain. . Riot blockchain get essentially paid in Bitcoin for providing computing power to the blockchain network. And investors believe revenue and profits will soar with the rising price of Bitcoin.
Moreover, investors are getting excited to see Riot blockchain amping up their computing power (known as their hashrate) because some assume this means the company will be able to mine more tokens.
Riot Blockchain announced it's deploying new equipment over the next week that will take its hashrate to over one exa-hash per second (EH/s). That's quite a lot, and it's an increase of 26% from where it is right now. But investors shouldn't assume that means the company will mine 26% more Bitcoin.