lixing_gan

lixing_gan

Prices reversed nicely in our previous call, we maintain a bearish view on this stock and a pullback to test our sell entry could see a further drop from here.

lixing_gan

Price is facing bearish pressure where we could see a reversal from here

lixing_gan

Price is under bearish pressure and a re test of our sell entry present an opportunity to short the stock.

lixing_gan

Price is approaching our resistance in line with our trend line where we could see a reversal below this level.

lixing_gan

Price is testing our first resistance in line with our horizontal overlap resistance where we could see a reversal below this level.

lixing_gan

Price is facing bearish pressure from our first resistance where we could see a reversal here. What are your thoughts on this?

lixing_gan

Price is facing bearish pressure and a test of our sell entry in line with our previous break out level could present an opportunity for a short.

lixing_gan

Price is facing bearish pressure from our descending trend line, a test of our sell entry could see a reversal from here.

lixing_gan

Price is near a key support level where we could see a bounce from here

lixing_gan

Price is approaching support where we could see a bounce above this level. That said, we do caution the limited upside in prices a price is still holding below our descending trend line.

lixing_gan

Price is testing our resistance where we could see a reversal below this level.

lixing_gan

Price is approaching resistance where we could see a reversal below this level.

lixing_gan

Price is testing a key support area, a break below the downside could open room for a further drop. Alternatively, we could be seeing a push up to test our descending trend line and resistance before a reversal.

lixing_gan

Price is facing bearish pressure from our descending trend line, a test of our sell entry could see a reversal from here.

lixing_gan

Overall bias is bearish, we caught the drop perfectly previously, currently price is approaching a key support level where we could be seeing a bigger pullback to test our descending trend line and resistance before a further drop. Currently I am just keeping a close watch on how prices play out here

lixing_gan

Price is facing bearish pressure on the larger time frame. On the H4, a pullback to test our sell entry could present an opportunity to go short.

lixing_gan

Price is approaching a key support level where we could be seeing a bigger pullback to test our sell entry before a further drop. A break below our downside confirmation level opens room for a bigger drop.

lixing_gan

Price could see a larger pullback to our buy entry which is a strong support area before we see a bounce.