Get started
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.
HKEX:1810
by ShewutradeDeeplearning
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
HKEX:9988
by BillionaireLau
867 China Medical Systems Breakout / Long IdeaHello Tradingviewians, CMS has been in a long consolidation to digest lowering growth rates. Additionally it has been under fire by short sellers, alleging CMS of faking revenue numbers. Should the numbers be genuine, and factors like consistent insider buying suggest it, CMS represents serious value at this point. Technically, a two year downtrend collides with the support line of the superordinate uptrend. Should ladder win, a short squeeze may follow to previous interim highs. After a phase of returning confidence, all time highs could be reached again. This is my first published technically supported investment idea. Let me know what you think. Thanks! BR
HKEX:867Long
by UI00
SEHK 2331 Li Ning; The Chinese Sportswear WinnerChina sportswear players in 1H20 overall delivered in line or better-than expected results. Li Ning has outperformed its peers (Anta and Xtep) this year with core earnings up 22% y-o-y. This is mainly due to its elevated brand presence and increase efficiencies in the business. Although sales and margins were evidently impacted by Covid-19, I remain extremely optimistic that the China sportswear sector can emerge as a winner in a post-Covid environment. Overall, I believe that Li Ning can emerge a winner in the coming years for a few reasons: 1) With an increasingly affluent and health conscious Chinese population, people are willing and able to pay a premium to stay fit. According to a study by GlobalData, the number of affluent population, including mass affluents (holding liquid assets of US$50,000–1m) and High-net-worth (HNW) population (holding liquid assets of more than US$1m), is expected to grow from 40.13 million in 2018 to 56.67 million in 2022. Thus, Li Ning is positioned to benefit from a trend like this. 2) Li Ning is a pure China play, and therefore is immune to global uncertainties like the US/China tensions. 3) Unlike its peers, Li Ning adopts a single brand strategy, while players like Anta owns separate brands (Fila). Moving forward, I believe this can allow Li Ning to further achieve allocative and productive efficiency, thereby snatching up more market share to emerge as the top Sportswear Brand in China. On the technical chart, Li Ning has shown a pattern of a consistent uptrend with higher highs and higher lows. While it did form a double top, - indicating massive resistance at the $47.7 level - it has found a nice support at $42.1. Today, it has formed a bullish engulfing candle to close the session with technical indicators looking to turn bullish. Overall, I think that it is okay to take a position at this level and to see if Li Ning can break past the resistance at $47.7. I personally see a lot of room for Li Ning to run, with a personal target price of $51 for a swing trade.
HKEX:2331Long
by cletibals
BABA | HK.9988 Forming Bullish Harmonics PatternChart showing that market trying to break the support line at 248-250. If it breaks, it may form (Bullish) Harmonics Butterfly Pattern. Butterfly Rules AB can retrace up to 78.6% of the XA leg BC can retrace between 38.2% – 88.6% of AB CD can be an extension of 1.618% – 2.618% of AB CD can also be an extension of up to 1.272% – 1.618% of XA leg The point D is known as the PRZ or Potential Reversal Zone From Point D, a trade can be entered with stops at or above (below) the price point at D. Butterfly Target Levels Once a position is entered at D, profits can be booked at 61.8% of CD with the second target at 127.2%. Despite the above rules, in real-time such textbook patterns that qualify every point of the swing legs do not form as expected, so traders should be a bit flexible while identifying the butterfly patterns. HKEX:9988 NYSE:BABA
HKEX:9988Long
by jasonchandraa