Is of the Shanghai composite. A beautiful HVF is nearing pattern triggering,. Early accumulation is probably warranted! Isn't now the most bearish FUD, over the Chinese economic miracle you have ever seen in a lifetime. The chart is telling a different story of consolidation of its extreme growth and continuation of it's remarkable rise. A quadrupling on...
The return of risk-off.. Biden and Xi will be desperate to drag the dollar back down. Equities will follow. When currency interventions aren't enough, they bring in the big guns.
SOHU has been showing terrific relative strength against a basket of other Chinese ADR's and the KWEB etf. Last quarter was a 400% earnings upside surprise, and technically speaking, you could look at this as a large cup and handle pattern trying to break to the up side. At symmetry here, could this be a tremendous value buy? Or will the CCP keep up the antics? Stay tuned!
Xi confirmed convincing the "SHS" pattern to rise and the price has also surpassed the ceiling, which is a good stock for your long-term investment. Xi buy : $14.5 - $14.70 Target : $18 +- 0.5 Stop loss : $13.35 Wish you good deals!
XI has confirmed a good pattern "SHS" and a triangle pattern expected to surpass the highest peak of the year. XI BUY : $13.20 TARGET : $17 STOP LOSS : $12.45 Wish you good deals!
Amazing to see bitcoin go up 40%+ in less than 24 hours. With it not closing above 10K, it leave plenty of room under this newly found resistance. On a lower timeframe, we had a cup & handle that failed to break out. What is needed is to stay above the 200 day MA long enough until the 15 & 50 day MAs are above it, which is fine. I expect a possible cool off down...
Within the past couple days, President Donald Trump proposed a new tariff of 10% for the $300 billion dollar Chinese imports. This new tariff will take action on September the 1st. Markets to keep a watch from this impact include the following; SSE:000001 HSI:HSI ASX:XJO All of the above index's will have the most impacts. I believe trump has made this...
AVT has been in a consolidation pattern since July 10th, with a bull technicals behind. Last candle today is a hammer. Showing buyer strength when price fell to $43.6. Technical data Price just below SMA(50) Price just above SMA(200) RSI @56 trending higher OBV confirming trending higher Directional move index turned positive If we can continue above...
With Trump and Xi meeting at the G20 in Argentina, will we see a trade resolution that will spark a run higher for the year end?
We are drifting upwards on Trump- Xi talks although we are still bouncing between Fibonacci shorts. What will happen if Trump and Xi do not have a good talk and reach no agreement? We will see another sharp sell off. Trumps angry tweets when he gets back to his hotel room will propel that. According to my analysis we are in the midst of another 10% sell off...
Although gold futures finished fractionally higher on the day, it has closed lower on the week. This now marks the fourth consecutive week in which gold futures have closed lower and below the open on Monday. When we look at a weekly candlestick chart, we can see that even though gold closed, in essence, unchanged, it is a red colored candle indicating the close...
Shanghai Due for a Bounce - Trump giving a break? BRICS meetings