2600 Chalco HKSE An Elliott wave and head and shoulder buy Analysis based on Elliott wave, trend analysis, , support & resistance, and head & shoulders.
Buy from 2,15-2,5. TP @5,5-6
JD could make limited pushdown towards our pivot level! JD could make limited pushdown towards our pivot level, where the 61.8% fib retracement is. MACD is also showing that this bullish trend could enter a period of consolidation.
Sunny optical 2382 Correction and go upIt is the Chinese supplier of AAPL and generally follows AAPL. I think that correction will end this week and it will go up
We have second bottom at this price levels!double bottom and the reversal is begining for 161hk again!
today's target 168,1the decline has finished ,it closed too far away for the days lows and price target min for trading daily is 168,1
Awaiting price to soften to 48-50 before buyingRead latest news here , and here .
So, you can see approximately the last 6 years, Kingsoft price was hoovering between 10 -35 dollars range. This is a litmus test for investors on their holding power, risk tolerance, etc. Sometimes, they swapped out due to seeing little to no activity in the share price and do not want to miss "opportunities out there".
I would be awaiting for the price to pull back around 48-50 before nibbling on this company.
ZA Online offering a discount with a descending wedge patternTake advantage of it !
As the middle income group grows and becoming more affluent, they would be more educated on the importance of having life insurance, setting aside money for retirement, procuring education plans ,etc for the families. The penetration rate is HIGH and thus we are only seeing the tip of the iceberg.
Long for the long term!
Opportunity in Chaos 2 !The same thing can be said for Tencent too. Read my analysis on Alibaba here
In the 4H chart, I am queuing to buy at 502 support line , a strong support in the past months. However, if the government is pushing its envelope and step on the accelerator in regulating these Tech giants, we could possibly see the share price drop even further to 419.50. If that happens, I would buy even more.
Of course, the short sellers are happy to short down these giants during this periods and that cumulative actions might cause the company to take actions to shore up the share price too.
Let's review this in a month or two and see what will happen......
XIAOMI just hit a good buy entry at the 61.8% fib retracement! XIAOMI just hit a good buy entry at the 61.8% fib retracement! Trendline is not broken and EMA (34) also support a good bullish momentum from here!
Stochastics also shows price is reaching a hidden support level !
SEHK 9923 Yeahka - Change of trend!I first spotted an opportunity in Yeahka when it IPO-ed in June. Saw a wedge pattern (Like 6969 Smoore and 909 Mingyuan Cloud ) and rode it all the way from $17+ till the $60 level.
Since then, the bubble popped and has been on a sustained downtrend till recently - prices have started to make higher lows indicating signs of an uptrend. Additionally, recent news of the company acquiring stakes in Beijing Chuangxingzhong Technologies shows Yeahka's commitment in expanding their business. Yeahka has also recently turned profitable with high expected growth rates in the future (PEG of 0.6x).
Already have a small position and will add to it if everything plays out as expected! (Half to trade and half to ride the trend)
**ARK has also started buying small portions of Yeahka recently. Although not a significant amount, it is a possible indication of confidence in the future of this company.
YEAHKA bottomBought the initial IPO and sold near the high after a monster parabolic move in July. Since than the stock has continued to disappoint and crept lower and lower to find its base. Has it found its bottom after ticking the IPO low vwap? continued higher highs and lower lows and following a trend line from IPO date. This stock can be quite volatile but seems to be finding stability on its journey.
Side note: ARKF has been buying more recently.
HSBC touching upper band of BB ! HSBC is touching the upper band of BB! With bearish trendline, price is still faced with bearish pressure. A touch with the upper band with squeezed BB channel often predicts a sharper drop!
Xiaomi could retap 38% fib retracement and graphical pullback! Xiaomi could retap 38% fib retracement and graphical pullback before bouncing higher !
Key levels on BABA-SWThese are the key levels for me, as long as prices hold below our trend line, I maintain a bearish bias and we could see a reversal from our resistance.
Tencent might pull back to the support line and bounce ! Tencent might pull back to the support line and bounce !
1072 Dongfang Electrical HKSE Elliott Wave buy opportunityBuy @ market with SL @ 4 and TP @ 11 and 17.
2883 China Oilfields HKSE Elliott wave buy opportunityBuy @ market with SL @ 4,6 and TP of 14 and 18.
