<TradeVSA> China Lesso breakout from PullbackSign of Strength in the chart
1. Strong uptrend
2. Shakeout
3. Pullback with 20/40MA
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Xiaomi Elliott wave buying opportunityBuy at market and 18,85 with targets as resistance lines to scale out of your position.
[Analysis] Xiaomi (1810)(HK)This is not a trade setup
21.500-20.000 is a crucial and tested support. It is highly likely that price will rest and consolidate for a while before the recovery wave. Do note that the current down move still have some momentum behind it, hence price is still likely to fall further. If you are planning for a long position, go by batches. Do not hold below 18.00 as it is bear territory.
Galaxy Ent is approaching support, potential bounce Price is approaching our support in line with our ascending trend line, 61.8% fibonacci retracement and 61.8% fibonacci extension where we could see a bounce above this level to our first resistance target.
1299 (HKEX) - BullishGreetings
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Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
Analysis
1299 (HKEX) - Bullish
941 (HKEX) - Prepare for Changing in trendGreetings
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Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
941 (HKEX) - Prepare for Changing in trend
1288 (HKEX) - Continue BullishGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc. If u are newbie on the stock market, do not be hesitant to contact me at Private Message. Our Job is to make u Prof trader and proftable trader.
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
1288 (HKEX) - Continue Bullish
1658 (HKEX) - Continue Bullish Greetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc. If u are newbie on the stock market, do not be hesitant to contact me at Private Message. Our Job is to make u Prof trader and proftable trader.
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
1658 (HKEX) - Continue Bullish
3988 (HKEX) - Continue BullishGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc. If u are newbie on the stock market, do not be hesitant to contact me at Private Message. Our Job is to make u Prof trader and proftable trader.
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
3988 (HKEX) - Continue Bullish
PetroChina is approaching support, potential bouncePrice is approaching our support where we could see a bounce above this level. Our first support is in line with our 100% and 78.6% fibonacci extension as well as the 61.8% fibonacci retracement. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
Still can buy Sunny Optical ?A follower pm me and asked about my opinion on this stock.
My last post was here
Currently, there is much selling on this stock as you can see from the past 4 days of red candles , ie selling.
My conjecture is it should find some support at the 200 price level for a while before it decides to continue the bullish trend or falls some more ,likely to 188.20. I would be keen to accumulate on this price if it does fall to that level.
So, yes, I would not be buying more at this juncture but awaits for it to drop to a more attractive pricing before going in again.
And you are right, wait and wait some more......
Chiho Enviromental 976 HKChiho is a HK listed company that focuses on metal recycing such as copper, steel, and other metals. It has businesses in mainland China, Hong Kong, US (Liberty Metal), and Europe (Stolz). Prior to the US-China trade war and Covid, the company market cap was approx USD$800-900m and its EBITDA in 2018 of approx USD$100M. Revenue from 2019-first half of 2020 took a major hit from Covid 19. The stock went from approx HKD4-5.00 in 2018 to around HKD0.40 today. It seems the HK market has forgotten about this stock in the tech wave.
However, the turnaround in the metal market has already occured. Comparable metal recycling companies such as Steel Dynamics has risen nearly 50% in the last 4-6 months on the back of booming metal prices for copper and economies re-opening again from stimulus.
This metals boom has been shown in Chiho's financials. In the first half of 2020, it recorded gross profit of HK314m. It has recently released unaudited financials for 2020, and gross profit came in at approx of HK910M. This would imply thast the second half of 2020 gross profit doubled in growth. EBITDA came in at HK360m or US$D46m. Based on 10x EBITDA trading multiple, that would imply a market cap of approx $460M with allot of upside. It's current market is approx USD$80-90m.
As a company that is well positioned to taker advantage for the end of life for cars boom that needs to be recycled and the need for metal demad for infrastructure projects around the world, Chiho on the HK market offers a rare opportunity to invest in a company that has market share in Europe, US, South East Asia and in China.
2318 (HKX) - Still BullishGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
Analysis
2318 (HKX) - Still Bullish
1398 (HKX) - Still Continue BullishGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
Analysis
1398 (HKX) - Still Continue Bullish
3690 (HKX) - Be carefull for HnSGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
Analysis
3690 (HKX) - Be carefull for HnS
9988 (HKX) (BABA-SW) - Be CarefullGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
Analysis
9988 (HKX) (BABA-SW) - Be Carefull
700 (HKX) - TENCENT Go BullishGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
Analysis
700 (HKX) - TENCENT Go Bullish
669 TECHTRONICIt was raised continuously in 2020 and earnings of 2020 were approximately +30%. But the stock price growth was almost +100%. Maybe the market forecast is good and banks were increasing their TPs. BUT I think it needs to correct its way to go up more.
Asian market is awake🔥Do you like stocks, wolves?🔥
There is one new formation on Zhongsheng HLDG with ticker 881.
Head and shoulders pattern with possible breakout.
After this two scenarios are expected.
First, the price may enter into the correction and retest new resistance level.
Second, the price may fall till the price target with no correction.
So follow the chart and look for the breakout carefully.
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