Gotta test tunnel bottom and rebound?By looking at the chart, it seems like 669 is riding its wave within a upward tunnel, perhaps it shall try the tunnel bottom and goes upward after it retest the support line.
$2 Reject?As China's property giant Evergrande veers toward collapse, its unpaid debts spark protests.
EVERGRANDE - The mother of all dips?Evergrande is down over 93% over the past 24 months. Is it time to buy the dip?
I'm looking for a bottom in the low $2 range.
Will we see a bounce next week. I think so.
This trendline determines the final destiny of Evergrande. If breached, I will lose hope for any further upside in the future.
Big news (positive) is expected over the weekend before open which should give it a good bounce.
Trade wisely and free of emotions.
#873 triggers for a reboundHi everybody
#873 triggers for a rebound, targets for the BLUE lines, and stops if close below the RED line.
Geely HKSE 175 buy opportunityBuy with the right price action @18 with a stop loss below 16 with a price target at 28.
ND paper HKSE 2689 Head and Shoulders buying opportunityBuy at market.
Stop is the bottom of the right should.
Target is 14
Solomon Systech HKSE 2878 Head and Shoulders buy opportunityBuy market and at 0.2 with stop loss at 0.1. Target of 0.525.
#3669.HK : Technically, it triggers a BUY today for a rebound.Hi Everybody
#3669.HK triggers a BUY today for a rebounds, targets for the BLUE LINES, and stops if it closes below the RED Line i guess.
GEELY AUTO Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
EVERGRANDE Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
BYD COMPANY Daily TimefameSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
710.HKEX_Range Breakout and Retracement Trade_LongENTRY: 8.94
SL: 7.50
TP: 11.68
- ADX>20
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- MAs are aligned.
- Breakout of range on 18 Jun 2021 with good volume.
- Moved to high of 11.68 on 21 Jul 2021 with increasing volume, and retraced on slightly lower volume to 50% Fib. level before signs of accumulation on 28 Jul 2021, 5 Aug 2021 and today. Between the accumulation dates, the retracement is under lower volume as well.
- Maintaining above 50% Fib. level and "P" Pivot Point will be important.
- Breakout of down trendline with volume today.
- Earnings announcement seems to be coming soon and it is in the electronic sector which is doing well globally during the pandemic. Hence, would expect a good earnings result to push the price higher.
3333 JUST HIT 3.33. ARE WE AT THE BOTTOM?✅PREVIOUSLY ON EVERGRANDE
There's 5 waves from 0 to 32.5.
After 32.5, A is 18.18, B is 30.15, and we've been on bearish 5 waves since B(30.15) to make C.
✅ WHERE WE ARE
Drawing the TL from 32.5(5) to 30.15(B), and put Fib channel(2.0), we can see that the price is trying to bounce off.
If so, we'd have the bullish impulse.
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
Potential Reversal of Tencent (HK 700)We are seeing a potential rebound on the cards for TENCENT (HKSE) due to the various information from volume.
JICPT| Tencent completed retest, ready to challenge gap! Hello everyone. It's a good day for tech bullish buyers, especially Tencent fans.
On the daily chart, I found the retest has been completed with a bullish leg-out candle formed today. Looking above, the next challenge is the gap from HKD513 to HKD528. Also, there is a downtrend line which may weigh on it.
Looking forward, the valuation is attractive and I'm bullish on the stock. Though, it could have a second fall to the level of HKD479 before coming back again.
What's your opinion? Give me a like if you're with me.
Tencent bullish set up 7 Sept 2021Inverse head and shoulder pattern with volume acting as support. Smoothing of 50 ema, and approaching 200ema soon. Probably a good time to add when there is near retracement
Near term target price: 560 ~
NS background ganfenglithiumhkstock, ganfenglithium:
risk and reward ratio 1:2
shakeout complete and currently doing a test with low volume
ns background😉
#700 Strong Support on the Red LineHi Everybody
There is a strong support from a weekly uptrend line (red line).
The blue line is the recent resistance level, waits for a breakthrough the blue line i guess!
WEIMOB HONGKONG #2013 CHANCE OF CONTINUE UPTREND?Weimob #2013 has 2 chances of bottom singal. Now it comes to trendline resistance, will continue break above or pull-back?
Let's keep monitor on the PLF indicator if Winner % rise to > 50, then would see the uptrend continues.
Happy trading :)
Tencent Stock Hello Traders,
After China's stranglehold on video games HKEX:700 was one of the companies that suffered the most.
If you look at the weekly calendar it seems to have made support in this area.
Post your idea/analysis below for discussion.
Thank you all for your support.
For more accurate setups, stop loss, take profits and mentoring services, FX signals, Crypto, Indices and Stocks PM me.
[Analysis] Tencent (700)(HK)Even after a 47% retracement from its high, Tencent's uptrend is still intact.
Currently, there is a support/resistance formed at 410 and 510 respectively. We do see a huge volume coming in within this price range yet, the price is still holding. This suggests that there is a huge demand coming in to soak the selling. As long as the price remains above the support level at 410, we can safely say demand is coming in and the chances for price rebounding is high.
However, before the price proceeds higher, there will most likely be a prolonged consolidation period to exhaust the sellers. Hence, if you plan to buy in during this period, ensure that you have holding power. Or...
You can wait for the consolidation to happens and then buy the breakout above 510.
Show price drop below 410, we are in a deep bear territory and we should not be holding any longer.
