SinoPharma Elliott Wave estimate@HKex Start of Wave 3 with price estimates and time bounded by ellipse ;)
Galaxy Ent is facing bullish pressure Price is facing bullish pressure where we could see a further upside here.
SEHK 9988 ALIBABA - Long term winner in your stock portfolio!Merry Christmas everyone! With holidays just right around the corner, trading activity has slowed down with most people taking leave - so has mine too. I have taken most of my profits and achieved a total return of 48% this year. Will be taking the next two weeks off to rest and reflect on my trades this year but not without leaving everyone with a long term play that is a good entry right now.
BABA is a long term play with recent price action holding strong at the $246 - $248 level. Technical indicators are looking to turn bullish from oversold conditions which means its high time to get in before the stock takes off again. I personally have 300 shares bought as these levels for a long term hold into the end of next year.
lets go for 238,8 today at hangseng!todays aim is to hit and overtake 200 MA , my price target hit is 238,8.
the conflict between chinese govermnent and Ant group is getting reach a solution step by step
XIAOMI price is likely to extend the channel riseAfter the december 2 oversold, XIAOMI price showed a narrow path of upward trend, and by the Fib speed resistance fan can be found that the stock price fluctuations are all within the upper and lower 0.25 line rise.
There is also a good chance that XIAOMI price will show an upward trend in the future, with the turning point likely to be when the share price steps down and crosses the 0.382 line below, and it is recommended to focus on stopping the loss in time when the share price crosses the 0.25 line below
Disclaimer: Nothing contained in this idea and analysis should be construed as investment advice. Past performance is not necessarily indicative of future results.
451 GCL Newenergy HKSE buy opportunityMy analysis for one year projection.
Notice the very high volume.
It is part of the solar energy sector which is on fire.
Tencent's pullback correction could be used as a sell entryTencent could pull back to the 23.6% fib retracement, after a strong sell-off session today. Technically, a pullback is healthier in the longer-term to gather more bearishenss downward. if we can catch that pullback, it will be a good sell entry to rider the bearish trend going forward.
Alibaba might pull back before further drop! As the investigation on BABA is still on, the worries is keeping a cap on $baba share price. But technically, BABA is lacking a major pullback to the resistance and this could be a good opportunity to short from .
Tencent shortChina starts hunting BABA by monopoly issues, but who is next? Maybe Tencent could be the next.
If it crosses that 555 BLUE zone it will fall until the next blue zone.
700 Tencent Bullish trend continuation700 Tencent 4H Chart
25 Dec 2020
Current Price: 556
Signal: bullish trend continuation
Price are currently in Consolidation Pattern bullish side trend continuation
will be expect next monday 28 Dec 2020.
Bad news are good news.Analysis:
A recent news "U.S. sanctions China’s CNOOC on drilling in disputed South China Sea." ---- Such news caused CNOOC (883) plummet for 20%.
Margin positions shall be all kicked off by such volatility .
Entry:
$7.6 a share could provide 10% dividends to stock holders, according to the record, so it would be a good pick.
Target:
We look for $8.6 (The median of Monday price) or $9.4 within a month, and hitting $12 within a year.
Focus: JD put + BABA call options pairAnalysis:
Most margin positions of BABA (US market) / 9988.HK (HK market) are hitting their strike price in 24/12/2020. 230-234.8, the highest bull O/S price level bull contracts (28M USD equivalent derivatives) reached strike price and has been called (Reference: www.jpmhkwarrants.com)
Technically that triggers a forced selling on that day.
The imbalance supply creates a good timing for long call.
Meanwhile, most e-commerce companies such as Amazon and JD are still pricing at a relative high position
(Fact table:
AMZN: market cap: 1.598T, P/E: 93,
JD: Market Cap: 130.5B, P/E: 581.36,
BABA: Market Cap: 695.5, P/E: 27.5)
Strategy:
No clear direction in terms of price actions for BABA in the short term.
Looking for the market cap spread between Alibaba other similar films.
Employ -- neutral strategy:
JD put + BABA call options pair
BYD expected to break the roofThe $210 roof was tested twice and the third time should be able to break through, as the overall sentiment for new generation electronic automobiles is quite positive.
$168 is the new bottom, with the SL max at 8%.
Entry Price: $182.50
SL: $167.60 (max 8% loss)
TP 1: $ 211.60 (15% gain; RRR - 1 : 2)
TP 2: $ 248.50 (36% gain; RRR - 1 : 4)
NongFu is coming back upNongFu Spring is retracing back to the 0.618 level and expected to bounce back up.
Expected Entry Point: $41.25
SL: $ 38.00 (8% loss) about the previous consolidation period roof
TP 1: $ 47.95 ( 16.24% gain - RRR: 1:2)
TP 2: $ 54.15 ( 31.27% gain - RRR: 1:4)
