China stocks have been beaten up in recent years as the US equities leave them in their wake. From hearing NVDA is larger than the entire china equity market, to China will always be in a bear market…are we finally into enough of support to see a material rally? BIDU is hitting a monthly support . This also happens as the US markets could be running into a...
This weekly chart of the YANG /YINN ratio explains the rationale of the demonstration of the market cycle over the period of a few years as it relates to taking a swing trade in one or the other and finding the likely pivot points based on resistance and support as static levels or importance. Dynamic levels using an anchored VWAP and also a Bollinger Band are...
YANG on a 240 minute chart had a reverse head and shoulders pattern last summer. Price rose over the neckline in November and hit an increased trend angle at that time. With a set of VWAP bands anchored to the neckline cross, TANG had pulled back twice to the mean VWAP where it found support, the latter of which was this past week. While price is currently...
YANG benefits when the China factories slow down and the economy stagnates which is the present situation. The weekly chart shows YANG at its highest before and after covid in 2019-2020. The volume profile shows over the 3+ years most shares have traded at the present price levels. Price is rising above the POC line of the volume profile and approaching...
JD on the long term weekly chart appears to be in a descending wedge pattern which would generate a bias for a breakout upside. Price is now supported by the one standard deviation line below the VWAP bands anchored to 2019. The analysis of the ultralong term volume profile is that the Point of Control is just below price and that the vast majority of...
Watch NASDAQ:BIDU NYSE:TME AMEX:CWEB NYSE:BABA NASDAQ:NTES NASDAQ:PDD . Most are breaking out Scoop up some strong ones!! Reasoning Whole Industry is moving! Divergence between Composite and RSI on 4D chart Consolidation seems done Correction is not overextended Multiple Bullish Days Always try to use 2 timeframes My Would Be Trade...
On the 4H Chart, BABA is sitting in the the demand zone at a double bottom retest. Earnings two weeks ago beat expectations. Fundamentally, China is holding interest rates down and may even decrease their prime rate. Domestically, chaos continues with more rate increases possible and the debt ceiling issue impending resolution versus diseaster. I see trading...
This is what i'm telling to look for unpumped gem. $cweb is next. U dont believe me? Check the chart can be considered as the project with the best attributes, as it provides a comprehensive developer-friendly solution with a focus on standardization, security, and ease of integration."
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
long $baba. scale in all the way down to 120 dollar (nov 2014 high)
Some people made good money on this recent rally, but I don't see her go any higher any time soon. Daily candle looking extended, rejected at multiple resistance, weekly downtrend still valid.
-5 th wave down has landed ! Bullish divergence on both RSI and MAC D as well as a falling wedge pattern on daily tells me the bulls have something in store ! Im long and strong , manage risk as you see fit .
Currently the entire cannabinoid industry is in a downturn. The sky high valuations that these companies have been commanding past few months have clashed with reality, leaving investors scrambling for cover. The whole premise for the high valuations was the high growth rate. However, as recent events in Canada show, legitimate cannabinoid companies still cannot...
Or maybe a descending triangle. Time will tell per usual.
$cweb update...this is the bear count. Soooo, hit the upper Channel line, channels perfect no matter which anchors you pick btw, sup/res hit, reject off of .50, almost hit 1.217 of A, but has not crossed into wave "A" territory...not gonna call it done yet, but... #potstocks #weedstocks
woozers its on a run! Im a bit hesitant to say ATH are near, have to break some key resistances, MO. ABC and 123 are basically the same thing, one must relay on context of count and of course see what the retracement is after the C,3. C waves in ZZ tend towards 1:1 of A but can go 1.272 or 1.618. 3s most common fib projection is 1.618 but of course just need to be...
Charlotte's Web Holdings, Inc. produces and distributes hemp-based, cannabidiol wellness products in the United State. Looks like it needs a breather soon , after a nice move of about 60 % in 3 weeks. just b4 the next run up.