METX 1D Swing Editiontest
Meten Holding Group Ltd. offers online English Language Training(ELT) and other English language-related services to students from a wide range of age groups. It operates through the following segments: General Adult English Training, Overseas Training Services, Online English Training, and Junior English Training. The General Adult English Training segment delivers English course to customers based on customers particular needs and in a convenient classroom setting at learning centres located across the PRC. The Overseas Training Services segment provides English test preparation courses training services, consulting services related to overseas study, and short-term study abroad programs services. The Online English Training segment provides tutorial courses through online platform of “Likeshuo”. The Junior English Training segment provides English courses to students aged between six to eighteen in a convenient classroom setting at learning centres located across the PRC. The company was founded in April 2006 and is headquartered in Shenzhen, China.
METX
Meten Holdings Doing a Thing. METXHere is evidence to suggest that METX has potential to grow. It certainly has the time and the room to do so as well. DMX just crossed on the bullish side and it might be and overall ABCD Harmonic pattern. This is not an Elliott structure strictly speaking, but we feel that it is closely associated with Elliott, given its closer reliance and association with Fiboncacci ratios. Time will tell which way this one will go.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
METX, Some downside to come? It's looking like METX might be heading down to under .3600, The day chart doesn't look the best, and the cracks are starting to show on the smaller time frames.
I'd probably look to sell tomorrow (Nov 19th) or next week (NOV 22nd), hopefully around .4820-.4900, HOWEVER, I really have no idea if it will get there, and that's more of a personal opinion.
Here are some key numbers to watch for
SHORT TERM KEY NUMBERS
.4333-.4336
.4585-.4595
SELL RANGE 1
.4900-.5100
BUY RANGE 1 (SHORT TERM)
.3699-.3777
SELL RANGE 2
.4225-.4333
OR
.4444-.4585
BUY RANGE 2 (LONG ENTRY)
.3444-.3600
Metx under lots of selling pressure . P/t for entry ?The stock has been hyped lately but all the comments in the comment section can stop the price action. Lookig for entry @52.
Bitcoin may retest 60k before Consolidating in 63.3 -63.5 range LOOKING at the daily We can BTC price action taking place with in a descending slope . However the potential to break above the near term resistance is just as probably . Important juncture . lets see !
Metx Signaling Rally OR Bear Trap !!!?This stock is shorted over 51% and has a free float of 57 million. I don't see a squeeze happening. Probably Shorts Selling buying back in and setting traps. Last Fri was a similar setup to today. Little rally EOD . SHORT LATTER ATTACK IN THE MORNING . Enter w caution . Large swings .
METX in the danger zone . Low volume . Caution.MetX short interest is slightly greater than its long. A few big buyers are affecting the stock. IMO they are shorting it and bringing the price down then setting bear traps with Volume.
METX 15min Scalpers editiontest
Meten Holding Group Ltd. offers online English Language Training(ELT) and other English language-related services to students from a wide range of age groups. It operates through the following segments: General Adult English Training, Overseas Training Services, Online English Training, and Junior English Training. The General Adult English Training segment delivers English course to customers based on customers particular needs and in a convenient classroom setting at learning centres located across the PRC. The Overseas Training Services segment provides English test preparation courses training services, consulting services related to overseas study, and short-term study abroad programs services. The Online English Training segment provides tutorial courses through online platform of “Likeshuo”. The Junior English Training segment provides English courses to students aged between six to eighteen in a convenient classroom setting at learning centres located across the PRC. The company was founded in April 2006 and is headquartered in Shenzhen, China.
DOGE?YUAN: The OFFICIAL Crypto Currency For Chinese ESL STUDENTSA Chinese Educational Company METX announces Blockchain Integration for Elementary Students. MetX will be using DOGE Coin as the Crypto of choice for their educational program.
Children and teachers are incentivized to use DOGE Coin as rewards system based on performance extracurricular activities.
"Meten EdtechX Education Group Ltd. (NASDAQ:METX) ("Meten EdtechX" or the "Company"), a leading omnichannel English language training ("ELT") service provider in China, today announced that the Company has initiated its blockchain technology strategic plan (the "Plan") and will introduce a Doge Coin reward mechanism on the platform of Likeshuo for foreign teachers. Dogecoin is the second largest cryptocurrency in the world after Bitcoin ."
FULL ARTICLE BELOW.
invest.ameritrade.com
Based on this news i decided to chart the Doge against the Chinese Yuan for an idea of its price point.
If Doge/Yuan is indeed approaching WAVE 5 Than a simple target projection would be the 2.618 Fib from Previous High to Low.
One could expect roughly a 300% return, raising the price of Doge to $1.5 Yuan.
There are higher targets but at minimum if this is indeed a wave 5 approaching than 1.5Yuan is reasonable.
There is a chance DogeYuaN does get extended into the $3 Yuan price zone but its best to take it one step at a time.
- The Net
METX: Start to a big run?This one is interesting. ESL is a huge industry in China. From what I've gathered over 4 billy. That isn't likely to slow down any time soon. $COE is the only other publicly traded equity in China that I could find (Please let me know if I'm wrong) and that had a similar chart that opened to a downtrend and slowly started growing.
The good new here: Cheap AF, 238% increase in gross billings & 192% increase in student enrollments, doesn't seem to be massively overvalued considering the size of china's ESL market, not a whole lot of competition (correct me if I'm wrong)
the bad: business seemed to be hit hard during the pandemic, revenue, and a lot of other metrics took a hit. Hopefully the next few quarters they will get back on track, and make the investors happy.
Still learning fundamental analysis lol.
What do you think about this stonk?
METX Technical Analysis 🧙Meten EdtechX Education Group Ltd provides English language and future skills training to Chinese students and professionals through a digital platform and network of learning centers. The company offers adult and junior ELT services under the Meten brand name, junior ELT services under the ABC brand name, and online ELT services under the Likeshuo brand name. The firm's operating segments are General adult English training, Overseas training services, Online English training, and Junior English training. Geographically, the company operates in the People's Republic of China.
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Can TA Predict ze Future? Algo Screened Bullish DivsOK. So these are purely automatically algo screened stocks. I've numbered them based on my personal pick for best performers out of this motley crew. I have done zero research into these stocks. So I will NOT be buying any. The only reason I'm posting this is for you to see my algo revision process. This is version alpha. Maybe not even that. Its a very rough draft.
