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600009 - 7 months HEAD & SHOULDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
SSE:600009Long
by TheArtOfCharting
Follow where the money goes ........Read latest news here There is a Chinese saying, when the tree is big, it attracts the wind. Similarly, being the 2nd largest economy, China is perpetually at "war" with many countries - US (whoever is the President, there will still be sanctions and disagreement), Taiwan (could we see a re-enactment of Hong Kong riot once more), South China Sea, etc ? So, China need more ammunition than ever and thus it make sense to increase the budget substantially. However, riding on this trend does not mean it gives us a sure win route as evidenced by the two largest Defense stocks in China. Both have fallen from it peak for more than 50-70%. I am keeping these two stocks in my watchlist for now. Please DYODD
SZSE:000738
by dchua1969
Unlocking Investment Potential: Fujian SBS Zipper CompanyHello, Investors seeking an opportune moment to enter the market may find promise in Fujian SBS Zipper Company. This industry heavyweight, renowned for its global presence and excellence in zipper manufacturing, is poised for a potential upswing, as indicated by a compelling technical analysis. Technical Signals: The stock exhibits a bottoming pattern, suggesting a reversal in its price trajectory. Supported by historical data and chart analysis, investors can discern a notable correction phase, paving the way for a potential upward trend. Fundamental Strengths: Fujian SBS Zipper Company boasts a solid financial foundation, reflected in robust revenue growth, profitability, and a balanced debt profile. Its strong market position within the zipper manufacturing industry, coupled with a reputation for innovation, positions the company as a formidable player with growth potential. Industry Dynamics: Industry trends underscore a growing demand for zipper products, aligning with Fujian SBS's strategic initiatives. The company's adaptability and commitment to innovation position it favorably to capitalize on this increasing market demand. Risks and Rewards: While acknowledging market and execution risks, the company's management demonstrates a proactive approach in mitigating challenges. Investors may find reassurance in the strategic measures implemented to navigate potential headwinds. Investment Outlook: The investment case for Fujian SBS Zipper Company extends beyond short-term gains. Investors are encouraged to consider the stock for its potential as a long-term growth opportunity, aligning with a buy-and-hold strategy. In conclusion, Fujian SBS Zipper Company emerges as a compelling investment prospect, combining technical indicators, fundamental strength, and industry trends. As with any investment decision, thorough research and risk assessment are paramount.
SZSE:002098Long
by thesharkke
Chinese banks exposureRead latest news here www.scmp.com I have bought this bank quite some time ago for its stable dividends and being a government bank, it offers me a stable dividend payout. The capital appreciation was definitely a surprise as you can see from chart that it went sideway for quite a while........... For those who wants to take a quick trade, I would say it is over as it has gone up more than 20% and is unlikely to soar any higher, maybe another 1-5% which is risky in my opinion to enter now. On the weekly chart, it displays a nice descending wedge pattern with the apex at 4.00 being the lowest price. Since it is hard to catch the bottom, buying at 4.56 is still a good deal for me . Let's hope the earnings prospects will improve this year and bring this bank back to its glorious days of 7-8 dollars once more.
SSE:601398Long
by dchua1969