The golden dragon is back Hi my friends ! After a long time, I came back to enjoy jumping on candles together again. I hope I can provide you with good analysis like before and I will definitely enjoy reading your valuable comments. During this time, I was learning material that would be a reference for fibo from a mechanical and price point of view, and I am...
Geopolitical tensions between China and the US have escalated in recent years amid efforts by both countries to become the world’s economic powerhouse. Speculations that the Chinese economy would overtake the US by 2030 have led to tit-for-tat tariffs, sanctions, and a revamp of capital market rules aimed at reducing Chinese companies’ access to American...
A raft of regulations targeting a number of sectors — from technology to real estate and education — have hammered Chinese stocks late last year and into 2022, and although many economists remain bullish on Chinese stocks’ potential, Beijing’s relationship with the Kremlin is now weighing on investor appetite for Chinese shares. On Friday, April 1, Shanghai’s SSE...
The golden dragon index is awake. Ready to squeeze some shorts off it's back in my opinion. Falling wedge break and moving averages (200 in red) showing potential move up to the 382 fib.
I am sorry to draw the attention of all those who are not indifferent $ BABA $ BIDU $ TAL $ NIO $ LI $ VIPS $ JD $ PDD From a technical point of view, the potential for a fall of 30 points, this is the middle of multi-year accumulation at the end of 2013-2017 Also, the level I set in the middle of the range acted as support twice: in 2019 and 2020 The...
There's a previous consolidation within the drawn range with the bottom of the range overlapping the .786 retracement. If there was a spot to pause until more news drops , I'd imagine this is it