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Icbc

Industrial Commercial Bank of China. My only full Analysis. My only full analysis. Industrial and Commercial Bank of China(01398.HK) For example, capital $1000 Chart Pattern. The bottom is likely to be in established in 2016 because we can clearly see another “ABC correction” completed on the chart. This time creating a higher low. Also, with positive trade war news and rates lowered, we could see a confirmation of a trend reversal. (Top Indicator) MACD is about to cross and provide a green dot, signals to trading algorithms machines to go long. (Bottom indicator) Furthermore, I’m predicting the RSI to breakout once the stock price can break the 6 dollar mark. This will indicate the trading algorithms machines to “go long” because it will break resistant level on the RSI. ( How I would buy and sell this stock. ) I will go 25% in ($250) with my initial capital if the stock can close above the 21 month moving average (green line) currently sitting at 5.77 price level. If it breaks 6, I will go the rest of the 75% ($750). Long Term target 7.50-7.51. stop loss at 5.17. Last time the stock is above the green line was in February 2017. That was the start of an uptrend. Currently, TD sequential (numbers can the above) suggests this is possible. My aim is not to make money in stocks, my aim is to become world class at technical analysis. I want to become one of the best in the world by 2030. 70%-90% of the time correct. “I can still make money if I am late to an uptrend or downtrend (Go Short), but I can’t make any money if I am wrong”. Tone Vays.
HKEX:1398
by johninvest17
1
ICBC HK Stocks Daily Update (15/8/17)Trenches below supporting the price We have a resistance preventing the price from moving upwards. Once 5.8 is clear, it would easily fly. Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
HKEX:1398Long
by sonicrmastery
1