Yeahka ready for a new rally? Last year Yeahka had a great rally when Chinese SaaS stocks received attention from ARKK buys.
This has come all the way down, now it is undervalued.
Cathie is still holding.
A big guy from Tencent running the show.
Tencent owns a partial stake.
Great company. Square of china. Huge TAM.
Yes, there is competition. However, market is big enough to go to SQ-like valuation (that is a 5x). Give it a few years.
This is my personal opinion and not investment advice.
Expecting Further UpsideExpecting further upside after Tencent leaves Re-accumulation Phase (Trading Range) possibility entering in Mark Up Phase.
Over the Re-accumulation range, stock showed the transition from supply dominated action to weakening of supply to demand dominated action.
Stock is trading relatively stronger than the broad market (RS above zero), indicating strength in demand for the stock.
Price trading below $550 level will falsify the Mark Up Phase analysis and stock will reenter trading range.
Solar energy sector could be near to start another rally It doesn't really matter much which one you choose, they move pretty much the same.
They may have hit a bottom on May 13.
They have been falling since January.
I think they are still far from reaching their absolute maximums.
NYSE:SOL
AMEX:TAN
NASDAQ:FSLR
HKEX:968
NYSE:JKS
NASDAQ:ICLN
NASDAQ:SEDG
NASDAQ:RUN
NASDAQ:SPWR
NASDAQ:CSIQ
NASDAQ:VVPR
Time For Yadea To Continue Its UptrendHKEX:1585
Trade Indicators
55 & 233 Daily SMA Cross: +1
Using 55 and 233 as Fibonacci versions of 50 and 200 day moving averages
Currently in golden cross.
55 & 233 Daily SMA as Support & Resistance: 0
Currently not in play.
Relative Strength Index: -0.5
Earlier trend line break on May 20 was accompanied by RSI at 58. This shows strength above 55, but not overbought below 70.
Currently weak below 45.
Price Action: +1
Price is retesting the trend line that it broke out of on May 20, and is also sitting on a key support level at around $15.72, which coincides with the 61.8% Fibonacci retracement level of the move from Nov 11 to Jan 26.
Price Levels
Entry: $15-$16
Entry between this area of strong support.
Stop Loss: $14.60
A break below $15 could suggest further downside.
Target: $23.00
Targeting to take partial profits near the all-time highs, and letting the rest run as a continuation of this uptrend that started in March 2020 is expected to continue.
finance.yahoo.com
Long Honma on C&H BOI've heard that Honma has the best brand of prestigious golf clubs and am using a set of them at the moment. Similar to how Callaway has taken off this past year, I predict a similar move for Honma especially as the golf seems to be growing in popularity being one of the safe sports to play.
There looks to be a cup and handle pattern forming, look to enter on breakout around 4.40 and strong price support at 4, so setting stop loss around 3.90.