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
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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 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.
Pounding on SMIC -981In my opinion, the US government is being myopic if they decide to do the following :
1. to delist the Chinese companies in US - about 250 companies that are worth trillions of dollars
(not very likely but this is a RISK)
So, as much as possible, buy the Chinese companies listed in HK or China else get an ETF not the American Depositary Receipt (ADR)
Do not forget many ETFs globally have investable interest in China and many are listed in US and delisting them would severely impact these fund managers' performance too.
2. US-China relationship - read article here . It is not the interest of US to continue its aggressive stance against China. Think again what is China focusing now ? Not the international trades but it is busy cleaning up its own backyard. It is imposing rules and checklist to ensure its billions of users' data are not exploited nor land in foreign hands. The fate of DIDI tells you all.
3. Chips - It would be in severe shortage as more new products are launched and from smartphones to Electrical vehicles, these essential chips are a critical component. TSMC being the market leader is in the forefront followed closely by Korea and China has made 5G, AI and robotic automation its critical pillars of innovation in the years to come and pouring huge sums of money for R&D and investment is tell tale signs that semiconductor companies with good growth potential will benefits in the years to come.
Rusal gets back on track of correlation to the price of aluminumImplementation of factors that will allow to gain a foothold at 75+ rubles per share in the near future until the end of the year.
Significant decrease in debt burden due to the sale of a stake in Norilsk Nickel and strong financial results in the next six months
Renewal of dividend payments
End of temporary duties from 1st January 2022
Launch of Taishir Aluminum Smelter in 2021
Highlighting dirty business
TENCENT - First hurdle - Following the previous post in the link below , price is back at another "key" level
- Down sloping 50 day moving average
- Down Trendline
- Below the 200 day moving average
We could flag here to reset for the next push up or fade back down to earlier support zone. Im still bullish on the long term but am cautiously watching each level of resistance
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Nayuki Announces H1 2021 Financial ResultsNayuki turned losses into profits in the first half of 2021 and its stock price rose 10% following the opening on August 26. As of the noon break, the tea maker was priced at HKD 11.1 per share.
According to the firm's mid-term performance report for 2021:
- The revenue reached CNY 2.13 billion, achieving a year-on-year increase of 80.2%.
- The adjusted net profit reached CNY 48.20 million, compared with a loss of CNY 63.50 million in the same period last year.
- In terms of business, the revenue of Nayuki was CNY 2 billion (up 0.4%), accounting for 94.4% of the total revenue; the revenue of Tai Gai, another business under the company, was CNY 77.53 million (down 1.7%), accounting for 3.6% of the total revenue; and revenue of other businesses was CNY 41.89 million (up 1.3%), accounting for the remaining 2.0%.
- As of June 30, 2021, Nayuki has up to 578 stores. During the first half-year, 93 new stores were opened, with 65.6% of them situated in Tier 1 and new Tier 1 cities.
- In terms of the type of stores, within the first half-year, 49 new PRO stores based in shopping malls were opened, adding up to 20 in total; 29 office-building PRO stores have appeared up to a total of 12; standard stores have reached a total of 492 in number with an increase of 9.
- As of June 30, 2021, the number of members had reached 36.5 million, representing a year-on-year increase of more than 30%. The repurchase rate reached 30.3% in Q2 2021, compared with 25.6% in 2019 and 29.8% in Q4 2020 respectively, all above the industry average.
Kuaishou Announces Q2 2021 Financial ResultsIn Q2 2021, the company generated CNY 19.1 billion in revenue, with a year-on-year increase of 48.8%.
According to Kuaishou's Q2 2021 financial announcement:
- Revenue rose by 48.8%, reaching CNY 19.1 billion.
- Gross profit hit CNY 8.4 billion, representing an 89% growth.
- The company's operating loss recorded CNY 7.2 billion, compared with CNY 2.5 billion in the same period of 2020.
- Net loss was CNY 4.8 billion, showing an increase of 146.2%.
- In Q2 2021, the average daily active user reached 293 million, with 506 million monthly active users.
- The cumulative number of interrelated users of the app recorded 12.6 billion, representing an increase of 60%.
- Among its major businesses, its online marketing revenue recorded CNY 10.0 billion (up 156.2%), accounting for 52.1% of total revenue; the revenue for its live streaming business was CNY 7.2 billion (down 13.7%), taking up 37.6% of total revenue; and its other businesses generated CNY 2.0 billion, making up 10.3 of total revenue.
- Moreover, its e-commerce business reached a total of CNY 145.4 billion in transactions, twice as much as in the same period last year.
- In terms of overseas business, Kuaishou announced that the company focused on developing markets in South America, Southeast Asia and the Middle East, with active investment in user acquisition and user activity. During the reporting period, the firm had over 180 million active users in overseas markets.