Another Bull Flag?NYSE:BEKE looks like a bull flag as well with large volume spike on the Bull pole.
2423 trade ideas
My Watchlist: BEKEBEKE: I have a green setup signal (dot Indictor). It has an excellent risk-to-reward ratio(RR:). I'm looking to enter long near the close of the day if the stock can manage to CLOSE above the last candle highs(white line). If triggered, I will then place a stop-loss below(red line) and a price targets above it(green lines).
Strangles with $BEKEI have been using Strangles in NYSE:BEKE for the last weeks, strikes 15/16 with expiration every friday, made a whole bunch of money, price is usually around that channel. If price ends up outside the channel just rollover.
Chinese Real Estate looks healthyIn recent years we saw stresses in the Chinese real estate market related to their debt. The Chinese government has been handling it early for years by slowly deflating its real estate bubble. Despite the media narrative, on a financial and technical aspect, the Chinese real estate market is looking promising.
Bullish BEKEI have a bullish outlook on NYSE:BEKE as it recently crossed both the 20 and 50 Moving Averages. Last Friday, it successfully defended these levels and closed near a crucial support level. With the current price around $17, I anticipate that the stock has the potential to reach approximately $18-19. Exciting times are ahead for $BEKE!
BEKE KE Holdings Options Ahead of EarningsIf you haven`t sold BEKE here:
And bought it back here:
Now Analyzing the options chain of BEKE KE Holdings prior to the earnings report this week,
I would consider purchasing the 17.50usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $3.20
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
BEKE at cluster resistancecurrently held below extreme resistance and trendline resistance, cluster resistance is most dangerous area to long, so be careful!
explosive long trigger 22.07/short trigger is break of local trend support and 16.82
$BEKE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BEKE after a Positive Under reaction following its earnings release placing the stock in drift A.
$KE - BUilding nicely below 200DMA
Building below 200 DMA at 16.75 and above mid BB on 3D chart.
Holding the moving averages next few days could push this to 19.29
Break below will retest the ATL.
Takeaway: Watch closely for the break above 19.29 for a shot at 25.
$BEKE with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $BEKE after a Positive Under reaction following its earnings release placing the stock in drift A.
Short scalp $BEKEBased on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent of profits IF $BEKE breaches today's low of $13.24 during tomorrow's session.
BEKE reversal momentumBEKE, KE Holdings, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China is bullish after the chinese government pledged to support markets
80.75Bil revenue in 2021.
52 Week Range 7.31 - 61.39
I see a reversal to $20.50 short term.
BEKE - LONG, WEEKLY BEKE - LONG, WEEKLY CONFIRMATION FORMING, MONTHLY HAMMER FORMATION
NOT A FINANCIAL ADVICE.
Please do not forget to comment.
BEKE Price TargetPrice target for BEKE is $19.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
$BEKE Descending TriangleAfternoon all, I'm trying to get into trading and would love some opinions.
I have been looking at the daily chart for $BEKE and believe we could be looking at a descending triangle (in Orange) for a potential short position.
Guess I would be looking for a breakout to the downside, either below the pattern support zone (orange) or potentially the LL (in Pink).
Not sure what take profit target would be or the potential effects of earnings, suppose you would use a risk-reward target?
Reservations on the trade would be the lack of correlation/support from other major indicators such as MACD/RSI/EMA.
BEKE Breakout projectionI have a sine wave line on the chart as well as a few EMAs.
BEKE had been using the 50 EMA as resistance for close to 1 yr and now it is waaay below that 50 EMA line. i expect a retest of the 50EMA resistance on a strong volume push and if that breaks, we could see BEKE go as high as $50+.
In the meantime, BEKE should retest $29 and on strong volume, push to $38+
let me know your thoughts on this as well.
:)
Discussion on the coming lost decade in chinaI was meditating on the container ship issue. The root issue is China does not need raw materials for construction, because they overbuilt. Theis is due to the evergrande situation, and the collapse of their real estate sector.
Their alternative to real-estate was tech, specifically the Digital Yuan. The problem was it was bad, really bad. Instead of making DY better,
they decided to break up alipay and make the private sector solution worse. i.e. kill Ali Baba.
In the end they cucked themselves. External trade is dead because on one trusts Chinese investments. Internal trade is dead because of being centralized hobbling.
We should be looking at latin america for growth.
BEKE Double Bottom Weekly TF1. Double bottom on weekly TF
2. Retest with low volume
3. Potential for filling the gap at $33 - $26 at Fib 0.236 retracement 80% increase.
4. Wait for a confirmation of the test of double bottom
5. I will watch closely how China government will deal with China Evergrande Group probable default.
6. SL is below $14.5.
7. RSI 20-30
$BEKE - Technical Alarm Setup Alarm set for breaking out of 21.8$ (Closing price).
On watch: OBV vs MA30 as well.
Stop set to 17.8
I do not recommend buying or selling BEKE stocks.
Just an Idea,
BEKE KE Holdings. ARK sold all its 9Mil sharesIn a selloff that can predict a new market valuation on Chinese stocks, ARK Invest sold all its 9 139 000 shares of BEKE.
Looking at its financials, BEKE is not a bad stock to own at at price lower than its IPO.
The company had revenue increase year over year in the last 4 years, but only in 2020 went profitable with 2.78Bil Earnings. They also have a decent PE Ratio (TTM) : 39.71
The question is: would you buy now what ARK sold for a loss??
Even Buffett was wrong when he sold Delta Airlines or Icahn about Hertz!
Jim Cramer (Mad Money) on China's tech crackdown: You can't own Chinese stocks!
It seems dangerous to hold Chinese stocks right now.
US-listed Chinese companies have three years to comply with US accounting oversight, to comply with the rules of accounting and transparency that American public companies must follow, if not they will get delisted.
This looks like the beginning of China`s stock market crash.
I`m looking forward to read your opinion about this!
Descending Trianglethere is a descending triangle on daily timeframe, also shows increasing from average volume...
fundamental of company's shows pullback to 50$ is more probable scenario just in few days...
I'm gonna update this chart in few days...
