Lenovo (992)It is the second leading stock in the Electronic Technology sector after XIAOMI. Additionally, the company has diversified its investments into Latin America as well, providing greater growth opportunities.
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1.78USD
1.01 BUSD
56.86 BUSD
About LENOVO GROUP LIMITED
Sector
Industry
CEO
Yuan Qing Yang
Website
Headquarters
Hong Kong
Founded
1984
FIGI
BBG000BLWS21
Lenovo Group Ltd. is an investment holding company, which engages in the development, manufacture and marketing of technology products and services. It operates through the following segments: Solutions and Services Group, Intelligent Devices Group, and Infrastructure Solutions Group. Its products include personal computers, workstations, servers, storage, smart televisions, and mobile products such as smartphones, tablets, and applications. The company was founded in 1984 and is headquartered in Hong Kong.
long trend down, short trend upHead and shoulder almost done (70%) for another correction or continue the trend. (30%)
Wait till it gives direction.
Lenovo Investing $1.2 Billion In AILenovo is investing $1.2 billion in artificial intelligence to help bring AI to the edge for customers as well as drive partner sales.
“The AI server and storage market is expected to reach $29 billion next year. Lenovo is investing $1.2 billion in R&D to help tap into those opportunities and bring
Lenovo bullish pennant The price has formed a bullish pennant. We are expecting the price to break into the upside, We are looking for a retracement to a 50% fib zone of the Fibonacci extension.
AROON: Shows some bearish momentum, which is allowed since we expect the price to pull back to the entry point.
Target: 1.141
Lenovo Group's Net Profit Reached CNY 222.5 Bn in 2021 H1Hong Kong stocks of Lenovo Group fell by 0.35% to HKD 8.47/share, with a total market value of HKD 102 billion.
Lenovo Group has three major business groups, namely the intelligent equipment business group (IDG), the infrastructure solution business group (ISG), and the solution service business gr
Long IdeaThe chart shows that the stock is in an upward trend. A good opportunity to take advantage of the trade
HKEX: 992 Lenovo GroupStock as previously in downtrend and then moving sideways.
IPO filing came stock rallied.
IPO withdrawn and stock dumped.
Now price near bottom of channel.
Tweezer bottoms.
Entry around 7.70 maybe cut around 6.90.
Looking for it to fill the gap.
Covid-19 drives demand for PC businessCurrently, it is facing some resistance but as soon as 5.17 level is cleared, we can expect it to hit higher towards 5.81 level.
Read news here
#992 after minor pull-back and expect to test BLUE LINESHi Everybody
Expect #992 will make a minor pull-back and expect to test BLUE LINES, stop if lower than the RED LINE.
See all ideas
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