look to accumulate 30.60 and below. risk takers consider chase on open 7/7/21
- inverted HSH formation - LONG on breakout of neckline @ 321
long on 2 entries 1) 23.50 and below 2) 21.57 and below uptrend on track confluence form strong support MA20 - 23.70 support line - 23.50 Short term uptrend line - 22.90
HSI Double bottom formation - Watch for break out @ neckline ard 29,300
Descending triangle formation. Support at 29.66 Short at open 22 June 2021
Price retest support line Potential entry $34.50 and below Pfizer’s fourth-quarter results were mixed as it missed estimates for earnings while beating the same for sales. Pfizer’s financial outlook for 2021 was quite upbeat.
Uptrend intact Potential break out at 51. Accumulate between 45 - 50
Price have been trading above MA200. Seem to be cosolidating with potential break out of MA 20 Start accumulation 59 and below.
Consider short on Vaccine Hope AGAIN. Short between 144 - 145. Stop loss 150
Observed the following 1) price rejection twice @ 280, Once on ANT IPO halt while yesterday on results narrowly miss on revenue. 2) confluence support from uptrend and horizontal support line. 3) uptrend intact Fundamentally on track since most analyst raise target price. Consider accumulation between 280 - 285 Immediate Resistance 300
Price bounce of recent low 8.52. Strong candlestick Break 9 Should see price heading towards 9.32 Consider accumulation between 8.80 - 9
Currently in Distribution Phase. Expect further consolidation between 108 - 120 Indicators continue to show signs of improvement. However, descending triangle formation in the making if price fail to break red line Consider trading between 108 - 120. Long bet 108 - 112 Short bet 118- 120 (stop loss 122)
Let your short run. See it heading towards 165. Take profit at 165
Consider shorting between 195 - 200. Stop loss 205 1) shares spike every time the company make announcement even on old news 2) Fundamentally lagging behind recent rally in share price 3) Weak cashflow
From technical point of view, should see price consolidation between $6.80 - $7.10. Look to trade within the range. Long on valuation perspective 1) Sell off due to Director resign on disagreement over Sincere Property Group & Millennium & Copthorne Hotels 2) Concern not new, review from External Financial Advisor might help to ease concern 3) Based on 1H20,...
upcoming up earnings 4 Nov 20
1) Resisted 23.90. Resistance formed 2) Cup and Handle formation in the making. But not a strong one. Depth of cup ressembles a V rather nice U 3) Still on an uptrend, BUY on PULL back. 4) Accumulate bet 20.50 - 21.50, Cut loss 19.40 5) Upcoming Earning on 23 Nov