700 AnalysisPrice is playing out precisely as analyzed. we have now filled the fair value gap at 310.2 and took the sell-side liquidity. From here, I'd expect the price to bounce off to the upside before continuing lower. We could also see price reverse from here.Longby Keeleytwj0
1810 AnalysisPrice is playing out as expected. Price is reaching the bullish POI at 12.16. From here, I'd take some profits and expect some retracement to the upside before we see any continuation to the downside to take out the sell-side liquidity.Shortby Keeleytwj0
Long Tencent - Rebound playSlightly risky play hence small position should suffice. HSI + Futures are seem to have found bottom here, good position for breakout play, nice risk to reward ratio too. Longby ChuaChangYiUpdated 0
Long Anta Sports - Sentiment rebound playSlightly risky play hence small position should suffice. HSI + Futures are seem to have found bottom here, good position for breakout play, nice risk to reward ratio too. Longby ChuaChangYiUpdated 0
Long XinYi Glass - Short term sentiment bottomingSlightly risky play hence small position should suffice. HSI + Futures are seem to have found bottom here, good position for breakout play, nice risk to reward ratio too. Longby ChuaChangYi0
Long HaiDiLao - Rebound PlaySlightly risky play hence small position should suffice. HSI + Futures are seem to have found bottom here, good position for breakout play, nice risk to reward ratio too. Longby ChuaChangYi0
Long JD Health - Breakout playSlightly risky play hence small position should suffice. HSI + Futures are seem to have found bottom here, good position for breakout play, nice risk to reward ratio too. Longby ChuaChangYi0
China Property Developers given a tow line by CCPRead news here When this industry contributes 25% of the country's GDP, it is imperative that the CCP will do something to shore up the default players rather than to see them falter on their debts holdings. This bailout , hopefully will send some of the players shares going up but I would wait a while more before deciding to go LONG on it......Longby dchua19690
BYD.....Charging the battery!Hello Traders, BYD bounced off the level @ 261 HK$, as I mentioned per my later analysis! In consequence, it ran to 302.-! This could be waves (i) or a wave a of (b) of ((ii))! In the corrective case, at 325.80, waves c=a of (b), and the next move should be down to 245.80 HK$! This would complete waves (c) of ((ii))! If the weakness to 261 HKD was all of the correction, the waves should extend to 333.- HKD from these levels or slightly lower areas! A break of 261.- would negate the bullish view for a moment! Have a great weekend..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk!by ruebennase1
700 AnalysisPrice is playing exactly as analyzed last week. Price took out sell-side liquidity below and is now deciding where to go. I'm leaning towards the price going lower to fill some price inefficiency at 310.2 before going higher.Shortby Keeleytwj0
1810 AnalysisPrice is consolidating since last week. Price is on a downtrend. Price falls short of hitting the bullish POI at 12.16 and showed some bullish momentum. I'm still expecting price to hit the bullish POI before starting an uptrend. However, do note that there are sell-side liquidity being built up, and price could potentially take out the lows at 11.26 before going higher.Shortby Keeleytwj0
WATCH $819Bullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation - Decent PE - Decent PEG - Decent P/FCF - Top Sector / Industry / Leader Technical - Momentum Theory Indicator - Momentum bottomed - Price action formation ( falling wedge ) - Broke Trend line and bottomed - Above 200MA - Above POC - ST ok - Bullish Candlestick pattern / formation Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "Price is what you pay value is what you get" Cheers and happy trading! Longby nexxtrade0
JD.COM Potential Bullish ContinuationOn the H4, with price moving within the ascending trend channel and MACD showing a bullish momentum. we have a bullish bias that price will rise from the entry at 248.2 to the take profit at 265.8 at the swing high in line with the 78.6% fibonacci retracement. Alternatively, price may drop from the entry to the stop loss at 234.0 at the multiple swing low in line with the 50% fibonacci retracement. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.Longby Rockqet0
BYD....Don`t panic! The situation is under control!Hello Traders, yesterday, BYD dropped nearly 10 % at Exchange in Hong Kong. It was a bit misty what was the cause. So, 225 Million stocks of BYD were listed at the clearing book in Hong Kong. This number is exactly the size, of which Buffet bought in 2008! So, the rumors ran around, that he is likely to sell BYD stocks! But, what reason Buffet should have to sell his stocks in BYD? In fact, the reason was, that Hong Kong exchange switched from physical stocks to electronic stocks! That's it! Today, the stock rebound 5%! But what does it suggest for my wave count? One possible idea could be, that waves ((i)) and ((ii)) are done or close to be, and the next move is a rally in waves ((iii))! A break of 333 HKD opens the door to this idea. A decline to 245.8 HKD is possible, would only retrace to the most possible level for a waves ((ii))! So the next day's should be fascinating for BYD. Have a great Friday..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk!by ruebennase1
Potential Bearish ContinuationOn the h4, with price moving in a descending trendline and below the ichimoku cloud, we have a bearish bias that price will continue to drop from the sell entry at 353.6 in line with the pullback resistance, 100% fibonacci projection and 127.2% fibonacci extension to the take profit at 297.2 at the swing low in line with the 78.6% fibonacci projection. Alternatively, price may revers off the sell entry and rise to the stop loss at the pullback resistance in line with the 100% fibonacci projection. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.Shortby Rockqet5
CHINA ENERGY ENGINEERING break rectangle patternChina Energy Engineering (3996.HK) breakthrough rectangle pattern and there is 20% potential upside. Fundamental are positive since China had a hot summer and the demand for electricity increase. CEE is a electricity related stock and stage positive from short-term trend. Stop-loss level is set at 1.03 HKD .Longby Kelvin_NamCheong0
1810 AnalysisPrice is on a downtrend. Price has hit the bearish POI a few days back, expecting price to hit the bullish POI before starting an uptrend. However, do note that there are sell-side liquidity being built up, and price could potentially take out the lows at 11.26 before going higher.Longby Keeleytwj0
700 AnalysisPrice is on a downtrend. Buy-side liquidity was grabbed a few days ago at 403.6, but price is unable to close above. Also note that price is building sell-side liquidity. I'm expecting price to take out sell-side liquidity to the downside. Other than this, price action is choppy here and could be the start of wyckoff accumulation schematic.Longby Keeleytwj0
Li Ning(2331.HK) resistance level 72.5 HKDLi Ning (2331.HK)enter into a strong resistance level from 72.5 HKD to 74 HKD. If it cannot breakthrough 74 HKD, it is likely to have a significant recession to 62 HKD. It is a SELL. Shortby Kelvin_NamCheong0
Inverse head and shoulder coming up in xiaomiVolume could be seen at 1yr high. Would will see a trend reversal before this quarter ends ? High likely as price could be seen supporting at the 50ema too. Longby HX_Fund1
CK Asset (1113.HK) a BUYCK Asset'(1113.HK) DMI becomes strong, with DI cross -DI. The volume trade is increasing, it offer a potential upside of 20%. Longby Kelvin_NamCheong0
BYD.....Waves c to lower levels in motion!Hello Traders, in € BYD has set a new ATH €41.85 yesterday. At stock exchange Hong Kong, the stock is trading @ 319 HKD this morning. Price is on path as I determined; it ranges from 380.- – 400.- HKD! It is the upper trend line of the channel, depending on if and when it will be achieved. Support zone ranges from 288 to 278 HKD. The move since the ATH is a waves a-b (done), and a waves c to follow. This wave should end at or around the support level. Recall, that it also can morph into waves w-x-y; in this case, it would end above the level of 308.- HDK! Update is following at the next days. Have a great week..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! by ruebennase1
Xinyi Glass (868.HK) is in a downward trendXinyi Glass (868.HK) is under a downward trend. The stock price cannot up cross the downward trend line. Also, there is a decrease in demand on construction and auto glass demand. The downside direction is with Hang Seng Index. Shortby Kelvin_NamCheong0