Soho China - Mind the GapUnder tax investigation, the news headline but set up there already for the next leg down to start. Gap down -5.71%
#ChineProperty
410.HK
AIA also looks weak but...AIA 1299 cannot break 92 , if break means can go more higher, but it looks weak and it might potentially can drop to 85
Bullish towards $560Price of HKEX has been moving within a range and recently get out of the downtrend and resume the upward move once retested the base that is forming at current.
Potential target at $560 , and followed by $700 - $725 before another consolidation/healthy retracement.
Stop loss by $400 for this setup to be invalid.
1810 xiaomi - potentially UP
as i look into this counter for few months, xiaomi is worth to take a look and if it still support strongly at 24 and if it break 26, then can go more higher.
be patient.
SMIC 981 HKEXIT has potential to price up. Technically its going to up very soon. I think within OCT
HKEX 1810: XiaomiBeen wanting to pickup Xiaomi for quite a while.
This price level seem to offer good risk reward.
Near a major support.
Multiple tweezer bottoms act as a support too.
If possible, can try to pickup near 21.00 to 21.50 and have a quick cut loss near 20.00 - 20.50.
HKEX: 992 Lenovo GroupStock as previously in downtrend and then moving sideways.
IPO filing came stock rallied.
IPO withdrawn and stock dumped.
Now price near bottom of channel.
Tweezer bottoms.
Entry around 7.70 maybe cut around 6.90.
Looking for it to fill the gap.
1799.HKEX_Retracement Trade_LongENTRY: 22.30
SL: 18.25
TP1: 27.40
TP2: 31.30
- ADX<20. Would like to be higher.
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD -ve
- Retraced to 50% fib level each time and seems to react positively at that area.
- 13 Jul, 5 Aug and 2 Sep shows buyers in control with higher average volume on green candles and low volume on retracement.
- 6-11 Oct looks like volume dry up and maintained above HVN.
HKEX: 9633 Nongfu SpringHKEX:9633 Nongfu Spring just IPO-ed about a year ago. So not much historical data to work on.
But after a huge rally, settled to trade in a range since Mar 2021.
The $10 range of 47 to 37 range has been tested 3 times so far.
We are approaching the bottom of the range once more.
Buying near $37 to take profit near the top of the channel, and risking maybe $1 - 2 to cut at $35 seems viable
Ping An 2318My first wyckoff distribution prediction got success, but now what?
Is it gonna directly start accumulation?
3690 mei tuan3690 meituan, resistant strong at 300 and support strong at 258 , so slightly will fluctuate and sideway around this two level
lets see
view on JD.com HKnow is a rebounce and it will hv strong resist at 338 and then back to 292 , potentially.
then will move up again....
let see how
China is here already for 5000 years. Are you gonna bet against?You're simply a fool if you don't long the dips or shorting evolution because of fear and manipulations.
Investors are paid to worry.
China intends on using up all unrenewable resources first.Why wouldn't it? Before making the costly move to renewable. Storing up insane amounts of coal and burning through them rapidly.
Chinese reports are sketchy at best, so funny enough the best news comes from expats living within them. Great stories. China is bulking resources and commodities, burning through reserves to do so. They believe it's a worthwhile gamble while the rest of the world realizes how difficult a changeover to renewables is.
Evergrande bearish Elliot waves Looks like a C point might be in and we may be entering into the next leg of the Evergrande down move. This may become significant.
#2342: Possible Up-breakHi Everybody
#2342: Higher Low pattern forms, expects to test the BLUE Lines, and stops if it closes below the RED line.
Covid-19 drives demand for PC businessCurrently, it is facing some resistance but as soon as 5.17 level is cleared, we can expect it to hit higher towards 5.81 level.
Read news here
Bullish bias based on Moving averagePrice supported by 200D MA & 23.6% Fibo.
Break below $418, price will drift lower.
Break above 38.2% ($490) will see next resistance at 50% fibo ($545)
Khan's Live-Charting 07 - $1398Chart in a downward trend with hard drops. Would be very careful here, loos like a bad risk/reward trade at the moment
