Expecting Further UpsideExpecting further upside after Tencent leaves Re-accumulation Phase (Trading Range) possibility entering in Mark Up Phase. Over the Re-accumulation range, stock showed the transition from supply dominated action to weakening of supply to demand dominated action. Stock is trading relatively stronger than the broad market (RS above zero), indicating strength in demand for the stock. Price trading below $550 level will falsify the Mark Up Phase analysis and stock will reenter trading range.Longby Brandon_LeuUpdated 5
Solar energy sector could be near to start another rally It doesn't really matter much which one you choose, they move pretty much the same. They may have hit a bottom on May 13. They have been falling since January. I think they are still far from reaching their absolute maximums. NYSE:SOL AMEX:TAN NASDAQ:FSLR HKEX:968 NYSE:JKS NASDAQ:ICLN NASDAQ:SEDG NASDAQ:RUN NASDAQ:SPWR NASDAQ:CSIQ NASDAQ:VVPRLongby amateur_trad3r2
Time For Yadea To Continue Its UptrendHKEX:1585 Trade Indicators 55 & 233 Daily SMA Cross: +1 Using 55 and 233 as Fibonacci versions of 50 and 200 day moving averages Currently in golden cross. 55 & 233 Daily SMA as Support & Resistance: 0 Currently not in play. Relative Strength Index: -0.5 Earlier trend line break on May 20 was accompanied by RSI at 58. This shows strength above 55, but not overbought below 70. Currently weak below 45. Price Action: +1 Price is retesting the trend line that it broke out of on May 20, and is also sitting on a key support level at around $15.72, which coincides with the 61.8% Fibonacci retracement level of the move from Nov 11 to Jan 26. Price Levels Entry: $15-$16 Entry between this area of strong support. Stop Loss: $14.60 A break below $15 could suggest further downside. Target: $23.00 Targeting to take partial profits near the all-time highs, and letting the rest run as a continuation of this uptrend that started in March 2020 is expected to continue. finance.yahoo.comLongby ttp1123580
9988.HK Alibaba Pyramid of Doom over soon?After all the apocalypses they experienced since last year, It seem china BABA, gaining momentum soon. What's your take?by kyzson335
Long Honma on C&H BOI've heard that Honma has the best brand of prestigious golf clubs and am using a set of them at the moment. Similar to how Callaway has taken off this past year, I predict a similar move for Honma especially as the golf seems to be growing in popularity being one of the safe sports to play. There looks to be a cup and handle pattern forming, look to enter on breakout around 4.40 and strong price support at 4, so setting stop loss around 3.90.Longby andrethegiant30000
GEELY AUTO BUY/LONG NOW READY! 18.70 to Potentially 50.00TICKER CODE: 175 Company Name: GEELY AUTO Industry: Hong Kong Stocks Consumer Durables Motor Vehicles Position Proposed: BUY (20.55-18.70) BUY ENTRY: READY (20.55-18.70) 1st Partial Take Profit: 39.00-40.00 (End 2021) 2nd Partial Take Profit: 50.00(Mid 2022) Stop Loss: 15.90 Technical Analysis 1. FALLING MEGAPHONE PATTERN (PARTIALLY COMPLETED ) 2. Break out from megaphone pattern 3. Fibonacci Retracement at 0.786(Scenerio 2) 4. Safest Take Profit will land equivalent to the key structure and level 1 of Fibonacci Expansion Grey Zone which is also equivalent to the pole length 5. 2nd Take Profit will land on level 2 of Fibonacci Expansion Blue ZoneLongby traderprosignals5
1057.HK Zhejiang Shibao5th wave, Higher-Low support at 2.25 (cutloss) Dinapoli KD crossing +ve 1D & 1min chart MCDX +ve Longby glenypc0
1186 BREAK OUT - or is it fake! Just a reminder for myself and to keep track of my investment Longby SimpleinvestMarttinUpdated 0
Should you put more money with Tencent ?we are now in a catch 22 situation where there lies the possibility of the share price breaking out of the triangle as we witnessed it sitting on the support level at 599.5 level. This resistance turns support level will determine my next entry ! Some news on Tencent www.channelnewsasia.comLongby dchua1969Updated 2
Long Xiaomi - quality, expansion with innovationI've been quite impressed with Xiaomi products, not just their innovation in smartphones, but their appliances which I use at home and see around the office (eg vaccuums, air purifiers). They have impressive growth in markets outside of China (Europe, Asia - SEA, India) and continue to expand their innovation and product offering - news even about them investing in EVs business. US had recently removed them from the list of Chinese companies blacklisted and there could be potential to open their market in US, although they are still expanding without the US. Their new folding phone looks quite solid against Samsungs too and their products while cheaper in price are known for their quality. I'd look to add to my position with any dips in current price for a long term hold.Longby andrethegiant30002
Wuxi Apptec with a final TP at 250In the short term, price if dbreak below $160, we will look to buy at 130-140. As price of Wuxi Apptec with strong support at 130-140. So long if this level does not fall, we would expect it to regain 200-210 region with a final target at $250Longby 100dollarUpdated 0
PetroChina is approaching support, potential bouncePrices are approaching our support in line with our graphical swing low support and 78.6% fibonacci retracement where we could see a bounce above this level with our first resistance as our target. Longby lixing_gan1