Get started
728 - 7 months SYMMETRICAL TRIANGLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
HKEX:728Long
by TheArtOfCharting
Buy 0883.hk CNOOC LIMITED @ HK $18.1Buy CNOOC here due to the following technical and fundamental reasons: Technical -50% Retracement of the last move up - Support at 50 Day moving average at about $18.00 Fundamental - 2014 Forward PE ratio of 5.5 - Growth in South China sea fields. - Recent China govt policy support of the stock market - Highly supportive dividend yield of 8% - Strong balance sheet - Still a very solid production growth outlook Risks - Extreme geopolitical tension may cause foreigners to be blocked out of trading Chinese equities, even if listed in Hong Kong (Like happened with Gazprom) Target: HK $28 within 1 year Stop: HK$ 15.00 Risk / Reward: 1:3
HKEX:883Long
by kavijh
Simple13 Trading IdeaI foresee the Hang Seng Index (HSI) showing short-term upside potential. As a result, I am expanding my watchlist to include HSI stocks, and one stock that has caught my attention is Lenovo. 📊 Why Lenovo? 1️⃣ Technical Setup: – The 10 EMA recently crossed above the 20 EMA, signaling the start of an uptrend. – The stock is currently pulling back, finding support at the 10 EMA and aligning with the Fibonacci 0.5 retracement level, making it a favorable entry point. 2️⃣ Fundamental Criteria: – Positive PE: Lenovo meets my requirement for having a positive price-to-earnings ratio, which is not excessively high. – Good ROE: Ensures the company generates efficient returns for shareholders. 📈 Trading Plan: – Entry Price: Current price at HKD 9.83 – Target Price: HKD 11.5 – Stop Loss: HKD 9.45 This setup offers a solid risk-to-reward ratio and aligns with my criteria for both technical and fundamental strength. What’s your take? Is Lenovo on your radar, or do you have other HSI stocks to recommend? Let’s discuss! 💬📊 Disclaimer: This is not financial advice. Conduct your own research before making investment decisions. HKEX:992
HKEX:992
by Simple13_Trading
XIAOMI (1810): Another All-Time High Surpassed!A new all-time high has been reached 🎉 XIAOMI has been surging non-stop since August 2024, with our position now up 180% since our entry back in March. We are taking our next profit here and letting the rest run. Xiaomi experienced significant growth in 2024, bolstered by China’s economic development and government support. The Chinese government implemented subsidies to stimulate demand for electronics, heavily favoring the stock. These policies aimed to strengthen domestic consumption and accelerate technological modernization. In March 2024, Xiaomi introduced its first EV, the SU7 sedan. By November, the company exceeded its initial targets, raising its annual delivery forecast to 130,000 vehicles. Technically, it is safe to say that we are trading in a wave 3, but the key question remains: for how long and what price level will it target? Analyzing the chart, it makes the most sense to anticipate a very large and sharp wave 3, with the same dynamics for wave ((3)). While the possibility of even higher surges exists, historical patterns suggest the likelihood of a rounding top formation as multiple waves come to an end. We don’t believe our entry level will ever be retested, but we remain cautious with new entries for now, closely monitoring the chart for further developments.
HKEX:1810Long
by freeguy_by_wmc
12/27/24 - how i'm thinking about '25 and playsdearest friends thanks for following my stream of thoughts starting mid way this year. my publishing started as a way to "log" my thinking when i encountered new names to both hold myself accountable and not repeat my process, as had been the case many times before. and i figured... why not make it public, in case it added any value to the never ending game and puzzle we call "markets" (infinite quotations and IYKYK). judging by many of the likes, comments, follows and of course DMs (my favorite! you guys know who you are)... i really enjoyed it. as we turn the page into '25 1/ it's important to remember that what worked in '24 won't necessarily work in '25. however, for stories and factors that remain secular growers, there's no reason to believe they shouldn't offer further opportunity at the right prices 2/ we will face unknown unknowns. most of them, usually fake and g&y, will affect the tape and cause all sorts of bent out of shape emotions. we've all been there. but that's why it's important to show up, do the work... sunshine and rainbows or halloween at Diddy's. what's important is to have a plan and use the trading session to act, not react. and when you're confused... you're probably not alone, and sometimes the best thing to do, is nothing. 3/ technology is changing our lives at such a rapid pace and (working inside the world of Bitcoin and AI)... it concerns me a bit that most people have very little idea what's happening. while those of us who follow markets (as well), can discern these tides as the mkts are forward looking, even the markets, i believe, are not entirely pricing in this disruption for a number of reasons and the major one remains the idea that the dollar is the ultimate denominator. maybe i'll start at this (last sentence) to share my book into '25. what is the main way i'm positioning? - 3 themes. Bitcoin. AI. Energy. - concentrated - math and valuation matters to me when we look at the non mag7's (or even ex-US) in '24, it has become clear that the dollar milkshake is the best drink on the planet (for now). and with good reason. the tech moats built here are consuming the world, whether it be Google, Apple or Nvidia (or Tesla, or ... fill in the blank). even the incoming president wants to "make" Bitcoins in the US. that's the right idea. but one has to remember that we now live in such a printer go brrr "or else" world, that it's important to identify the assets that will either grow the fastest and are also not accurately priced for this growth runway. easier said than done. but many of these moats are essentially uninterruptible movies, especially as hardware now represents an (again) important input to these stories. so the denominator that i describe in the beginning of this paragraph (USD) is secondary to these asset-level denominators "money". *we have been taught that the USD is "money" and while that is technically true, it is is increasingly less true. the USD is increasingly a currency-only and the S&P, assets with harder supplies, like BTC are beginning to take a more center stage in this definition* so the goal is to be on the lookout for "money" that outperforms all other denominators. does your tech stock grow at 10% but cost you 30x PE? (like NASDAQ:AAPL ?) will that be a better "money" than NASDAQ:NVDA growing at 50% and trading at 30x PE? of course time will tell, but likely... NASDAQ:NVDA will outperform $aapl. so this is the logic. 1/ top pick remains $gdlc. it's about 25% of my book. many of you remember when it was 50%, 60% ("ALL IN" post). you're familiar with my sizing/ managing risk. and it's worked. the discount has gone from 35-40% to 10% today. it's still an excellent way to own CRYPTOCAP:BTC (about 70% of this fund is CRYPTOCAP:BTC ) and likely gets converted into an ETF in '25. but BTC remains in a precarious spot for now and i'd like to see some ST resolution on the downside before taking the size higher. more on this in future posts or if you'd want to debate in comments. 2/ second pick is $nxt. the ticker i've written most about. thesis is: solar represents largest incremental generation source for next 5-10 yrs. trackers are critical infra to these industrial deployments. there is no better solution than NASDAQ:NXT as they continue to take mkt share across the board. backlog is growing QoQ. earnings beat after earnings beat. 10% fcf yield, about 100% fcf conversion (NI->FCF) and ceo is a rockstar. it's a $60 stock today trading at $35 and at the whim of the ST flows in 1/ solar denial esp w Trump (but elon is big solar proponent), 2/ many solar names aren't best investments so water down the appetite for the passive flows/ ETFs ST and 3/ it's a rates-energy sensitive sector for now. however, NASDAQ:NXT has done an excellent job bucking all these trends and i remain confident the stock will hit its stride and don't want to keep a small position with where valuations are today (near floor IMHO) 3/ NYSE:TSM and NASDAQ:NVDA complex. i own both. just wrote about NASDAQ:NVDA this evening. NYSE:TSM is the only way all these next gen chips get built. AI/ GPU, CPU... ASICs (Bitcoin miners, among others). there is no second best. growth is 30%+, FCF yields are 5%+... "but muh taiwan risk". yeah. it's there, so what. size accordingly, be prepared. and there's $nvda. which while NYSE:TSM is 20x PE, NASDAQ:NVDA is 35x PE, but grows at 50% a year. there is no second best here either. i prefer to own the winners until proved otherwise in semis-related. the idea is to own the best verticals... and the top dog, such that valuation permits. both check these boxes. 4/ $uber. complicated, but also becoming a larger position in my book. AV (autonomous vehicles a la Musk) have taken the shine off this cash flow monster. nevermind their partnerships w/ Waymo and how AV will likely grow the transportation pie (at the expense of vehicle mfg's, NOT trips), but this will take time and the overhang is there. reminds a bit of the coof in '20 and travel names. took a while for the market (and people) to figure it all out... and resume w/ daily activities. the idea w/ NYSE:UBER is that 1/ AV isn't a winner take all market and Uber is the best demand aggregator out there and 2/ AV likely grows the transportation pie b/c cost to move is a fraction of vehicle ownership today. so you'd likely have one less vehicle as an example, and as a result, your uber, or robotaxi trips probably 10-20x in a year. so even if take rate is ultimately lower, the pie is multiples larger. anyway. big cash flow generator, growing high teens. CFO speaking recently a lot of strength going into '25. travel into YE has been solid. 4Q results likely great. stock cheap. 5/ "the bag". stuff I trade around, but worth flagging (and i won't get into shorts). this changes. but FOR NOW, i own... NASDAQ:LYFT , NASDAQ:BTDR , NYSE:S , NU, HIMS, NASDAQ:OKTA , NASDAQ:PDD , $TMDX. no particular order and not disclosing size b/c that would be distracting as i trade these around (e.g. PDD and HIMS were just re-added today lol) and a healthy 30% cash balance. in case of a dippity do dah at some pt in 1Q. many of my names are ITM C's (long dated) which allows me a full gross book... while maintaining liquidity. so there's that. it's been a good year. family, friends. jesus is lord. but let's turn the page. let's not rest on what's happened. onward and upward. love u all happy new year V PS - I picked this ticker to post on bc it made me lol :)
HKEX:82Long
by VROCKSTAR
3
CNOOC Limited (1D): Bullish trendI believe CNOOC Limited is currently in price consolidation. After experiencing a downward journey lasting one and a half months, the stock has reached a strong support zone and is showing signs of reduced volume. Entering at this level offers an attractive risk-to-reward ratio. If my analysis is correct, using the upper yellow line as an exit point would be the optimal strategy. Feel free to share your thoughts! Wishing you success in your investments.
HKEX:883Long
by Nirksan
Accumulating more of this company, MeituanAlready the market leader in food delivery in China, this amazing company is set to grow further. Inflationary or deflationary environment, people still have to eat and at today's 10-20 set meal being pushed out , the consumer's review on its platform become a first seek out approach to eating out/in. On top of that, people are also using this app to order travel tickets , concert tickets etc. I am equally excited about its investment in the drones sectors where it would replace some of the manual delivery workers in harder to reach destinations - mountaintops, rural villages where it is difficult to travel by road. I hope it would come down to the accumulation zone so I could add more shares. Please DYODD
HKEX:83690Long
by dchua1969
JD Health set to make a move?Digital Health is on the rise ...with funds allocated toward E-Med endeavors growing rapidly. It is tipped that artificial intelligence will play a key role in the development of industry wide efficiencies, with many advancements occurring over the last 12 months within the Medical Technologies space. One contributor to the developments in Medical technology is JD Health International HKEX:6618 Here's our price guide: Bullish Continuation Potential above $30.25 Bearish Continuation Risk below $26.55 Although our official momentum reading has not yet switched to bullish, we will be watching this one closely... We're inspired to bring you the latest developments across worldwide markets, helping you look in the right place, at the right time - We will continue to monitor the Digital Health space in the event there are any rapid changes. Thank you for reading! Stay tuned for further updates, and we look forward to being of service along your trading & investing journey... Please note all information contained within this post is strictly for informational purposes only and is not intended to be investment advice. Please DYOR & Consult your licensed financial advisors before acting on any information contained within this post. Love & Wisdom,
HKEX:6618Long
by Bullfinder-official
388.HK Stock option Short Put idea for Dec 2024Hello Trades, The Hang Seng Index experienced a single-day rebound in the days before and after the settlement, with significant increases in most constituent stocks. We are deploying a Hong Kong stock options strategy for next month. We will use the Hong Kong Stock Exchange as the center for our options strategy. We see that the stock price of the Hong Kong Stock Exchange is currently in a consolidation range on the weekly chart. The strike price is between $260 and $290.
HKEX:388Long
by ICT_Trader_SB
Who can accept a 97% fall from share price ?This monthly chart paints a gloomy view of the many property developers listed in China, all crippled with huge debts. They won't be able to survive without stimulus help from the government and that could take a very long time. Price is now back to its 2011 share price, pathetic and humilating to those who had invested in these companies......It is a double whammy if you already lose value over your physical property + money in the shares of these developers. In short, stay away from this sector, I expect more fall in property prices in the coming months......... Low price is DEFINITELY not a reason to buy coz you could be holding on to these shares for an ultra long time. Yes, you may argue that it could be a turn around company since the government wouldn't let it go bankrupt but neither would the share price recover as well to its glorious days. Would you want to buy the property that is depreciating in value ?
HKEX:1918
by dchua1969
would you want to add property sectors to your portfolio?Now, everyone has different investment strategies, time horizon, perspective about market, etc. We all know that Warren Buffett is the world's leading value investor yet he invested in many sectors that are tough to analyse like Oil and Gas, shipping, etc Property sectors in China had its glorious days for several decades but it is over, imo. (at least the next few years). Unless you are looking at the Tier 1 cities like Beijing, Shanghai, Guangzhou, it would be pretty tough to make good capital gain out from investing. With declining population, aging population, families that choose to have lesser children not more , how are the excesses going to be filled up? Look at this counter ,Hung Lung Properties. Had you invested back 20 years ago and held the stock till now, you are losing money due to inflation and note that it is coming back to the support level . Would it goes below? Possible ! Do not think that it must rebound based on any support level and can it rebound for a short few weeks and then crashes again ? Possible. That is the best part of investing, nobody can foretell the future. But you as an investor can choose which sectors to invest. Property sectors are cyclical and the developers are always at the mercy of the government's plan in terms of land , how it is going to be used, etc. Now compare it with one of the largest developer in SG- CDL - see the similarities? Yes, some of these developers do pay high dividends like 6-10% but unless you have cash to burn and is ok for decades not to see your capital appreciate , then maybe you can select these counters. Think again, if you are in your 20s , yes you can afford 1-2 20 years to see if your prediction is right . But for those who are already in their 40s or 50s , would you want to see these counters perform when you are in your 60-80s ? Plese DYODD
HKEX:101
by dchua1969
Did it comes as a surprise that guys are popping in to Popmart ?There were many on social media voicing their opinions why are so many people crazy over these figurines? Some said it is overpriced and others mentioned fakes are coming up just as much when there is a new launch. It seems to be a global trend right now though not sure how long it will last. It differs from other toys in that the company seek our famous and emerging artists to design these toys so you can say they are limited series or unique pieces. Collectors are crazy over them, willing to pay high price or queue for hours to get their hands on it. I read an article somewhere that says the Gen Z who works in the office will prefer buying these toys to decorate their cubicle than plants. Is this true ? I am awaiting for the price to retrace more before nibbling.....
HKEX:9992Long
by dchua1969
What catalyst can drives Tencent shares ?Nov 16 2022 will be its Q3 earning report. You can choose to buy before or after depending on how comfortable you are with this company. The China Tech stocks have been badly bashed due to the regulation clamp down. But, the business model remains strong. Let's be patient as the 20th CPC National Congress will end this week and we can expect to hear some positive news about where they are going to put their focus on moving forward. I believe the digital economy has a lot of potential in China and more room to grow given the support of the Chinese government. Please DYODD.
HKEX:700Long
by dchua1969
3
Heard the 10am package is not fantastic, so no hurry to chaseHmmm, was expecting some sort of fireworks this morning, a little disappointed......who knows after 10am when they released the news. But I heard it is not so great, so analysts may provide more take profits call, selling while many retail investors in China (1st day returning to work after the Golden Week) have yet to get their account open. I am already vested in this Bank and earning good dividends since 2022 though the price has fallen quite a bit then. No need to FOMO and waste your bullets....... Please DYODD
HKEX:1398Long
by dchua1969
Baidu - what a disappointmentAfter more than 40% super rally beginning from 24 Sept 24 where China first announced its stimulus, the whole world sits up and was surprised by its parabolic rally. In a week or so, this stock has went up 40% much to the delight of short term traders who bought options or went in for a quick buck (provided they left at the peak) Now, you can see the current price has gone below where it was from 24 Sept, which means anyone who bought this company shares after 24 Sept are sitting on pretty high losses........ It is very likely for it to revisit the 80 dollar marks at the rate the price is falling.......... If that happens, it would make a nice triple bottom (maybe) before we see a possible rally. I did share I am not vested in this tech company despite owning Alibaba, Tencent , Meituan ,etc ()
HKEX:9888
by dchua1969
3
Important buying level for Alibaba - 9988Yes, it is sad to see what a nice rally for the China an Hang Seng market only to see it tumbling back down day by day , week after week despite the recent 10 trillion measures to curb the local government debts and property market. Apparently , many analysts feel the CCP has not release sufficient stimulus to shore up the market and the tech stocks , very much undervalued compared to its counterparts in US are still being sold down. I will be watching this level closely as we are coming to the end of 2024 and the CCP is running out of time to hit its 5% GDP target and failure to shore up the consumer confidence, the stock market will remain sideways or slowly come down .......... On one hand, I am thinking the efforts and face saving of the Chinese government, will they give up half way now that the whole world is looking at them? Plus, President Trump has only 4 years to run and knowing he would not be re-elected thereafter, he is going to go all out to save America and create history for himself. CCP is now in a desperate situation much like the ants in a frying pan , it has to think of creative ways to boost the market or risk losing the confidence of its people, international investors further away........
HKEX:9988
by dchua1969
3