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300324 Short Term Chart 04/10/2019 Bearish PatternLook at the daily chart, I originally thought 300324 will be rejected at a strong resistance level at around 8.6 when it had a strong bounce off from the low of 5.12. However bulls surprised me and pushed it up to 9.5 price range, and then hard rejected it back to 8.6, by forming a tweezer top pattern. Then 8.6 becomes a crucial price level that the price was actually bounced in a small range within the past couple of days. Bulls and bears are fighting to each other in order to form a more clear movement trend. Then bearish pattern formed when the price went to a lower high at 9.18. One indicator is that volume is slowly declining, and the current price is bouncing between 12 and 26 exponential moving average, as showing green and red line in the chart. Fib also gives as a reference for the possible future downtrend movement if prices finally breaks down from 26 EMA. Fib 0.618 will become the first support, as the price bounced up couple of time at the previous timeframe. Then Fib 0.236 is another strong support line that price possible will have another strong bounce up. Pattern will confirm once price breaks down 26 EMA, or Weekly closes at around 8.22 price range, by formed a weekly tweezer top. Keep an eye on the price movement in the following two days, and hope you will have a nice trade. This is not financial advise for buy or sell. It is only for education purposes.
SZSE:300324Short
by enduringmiss
Late trend analysis of dongtu science and technology co., LTDThe east soil belongs to a concept of science and technology more rich mark, belongs to plate concept of Beijing 2025 plan 5 g plate edge calculated the gem big data industry 4.0 interconnected equity incentive domestic chip military deep deep into 500 shares male, smart grids, telecommunications industry through introducing the above it is not hard to see, this is a favor by main varieties, and from the trend before, did comply with this feature. Ping an securities gives the view is The company's revenue growth rate dropped sharply, and customer demand was not as good as expected, which may be the main reason: in the first three quarters of 2018, the company's revenue growth rate was only 7% compared with the same period of 2017, which was 23%, a sharp decline. We speculate that the main reasons are as follows: 1) the company's intelligent transportation solutions for the transportation industry and the intelligent substation integrated control server project for the electric power industry; the market promotion progress is not as expected, which makes the sales of the company's industrial Internet products fall short of expectations; 2. 2) in the first half of the year, the amount of newly added contract orders in the military industry was 120 million yuan, and the amount of orders to be executed was 150 million yuan, basically unchanged from the same period of the previous year, indicating that the growth of customer demand may be less than expected, making the sales volume less than expected. These basic information you can see, I will not repeat, short - term trading, more look at the chart, the fundamentals can be referred to. Say my logic, because April is the second anniversary of male security, and short term to see out of the stock brokerage funds, will look for the next target layout, then male security as a millennium plan, there is no possibility of speculation for a year, but should be repeatedly hyped the target. And in xiongan, science and technology, military, 5g and many other subjects intersection, the east soil is more prominent. We from the early trend and change hands to see, there is clearly a strong zhuang intervention, Friday market bearish, he still maintained a strong enough, intraday up more than 5%. This wave is unilateral pull up 100% trend, there should be a collation of the market, dressing the medium-term trend, and after the adjustment, there is a theoretical opportunity to rise, we suggest to stay focused. Strategy: wait for the next day line level adjustment, bargain admission
SZSE:300353
by peter-l