Polestar, let's go, come on, you can do it... break through this resistance
The bears have now pushed Geely stock back below its March low. This confirms our primary scenario that the stock is in the final phase of the overarching gray wave II from the high of the magenta wave (B). This move should now be advanced to the green target zone between HK$7.80 and HK$4.12. With the low placed, the price should then move significantly higher.
Geely (175.HK) has great chance to rebound. It shows strong support at the resistance level of 16.5. The impact of Nancy Pelosi visit to Taiwan is expected to be short-lived in Hong Kong market. We expect the acquisition of Meizu, a popular mobile brand by the parent of Geely will contribute to Geely automobile business. Reiterate with BUY.
Based on my technical view, Geely Auto (GELFY) will continue bullish despite the current economic situation. Target: 100%
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
If Geely Auto closes above 29.65HKD in the next week, the cup would be completed with Henkel and would have Short-Term to Medium-Term a price target of 38.45 / 44.80 / 49.30 / 57.90 HKD Over the long term (1-5 years), a price increase of up to 581.90HKD to 1493.90HKD would be possible. The Geely Holdings has a joint venture with Daimler DE Wenn Geely Auto...
TICKER CODE: 175 Company Name: GEELY AUTO Industry: Hong Kong Stocks Consumer Durables Motor Vehicles Position Proposed: BUY (20.55-18.70) BUY ENTRY: READY (20.55-18.70) 1st Partial Take Profit: 39.00-40.00 (End 2021) 2nd Partial Take Profit: 50.00(Mid 2022) Stop Loss: 15.90 Technical Analysis 1. FALLING MEGAPHONE PATTERN (PARTIALLY COMPLETED ) 2. Break out...
Prices are facing bearish pressure from our resistance in line with our fibonacci confluence levels where we could see a further drop below this level. Ichimoku cloud are showing signs of bearish pressure as well.
Here's a list of stocks, ETFs, commodities, currencies that I have went long recently : Stocks : Wilmar Meituan Geely Beijing Airport ZA Online Baozun NIO Tencent Yeahka Lemonade Amazon Moderna Tesla Xiaomi Stone Co Baidu Commodities : Platinum Gold USOIL Currencies : EURUSD NZDUSD GBPJPY...
An unknown friend asked me to put a chart on 'GEELY AUTO' I can read any chart using NEO wave technique and able to plot the next move with timing. Most important is I refuse to use any indicators rather HATE all kind of nonsense which will not give you any FORECAST. ENJOY trade well SELVAM.B. Engineer ,,Trader,,,Analyst
GEELY AUTO expected to rise up to 1st resistance at 16.16 where it could potentially react off and drop down to 1st support at 14.60. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Potential Head and shoulder formation
Geely: Waiting for a Double Bottom above EMA
Between march and june i will be on the lookout for some buy opportunities at levels between 2,20 and 1,25.