2318.HK PingAn (Rebounce Suspecting for short-run)1. Uptrend line (Long-run): Lining up bottoms of 2016 and 2020.
2. Fibonacci retracement: 61.8% of latest uptrend (Mar 2020 - Jan 2021)
3. Former tops: In monthly chart, ~79.50 was the top of consolidation area in 2H2020.
Trades:
A) BUY - hold and wait for actual buy signals (above 9EMA, MACD cross, ROCxSROC)
B) SELL - short it when price touch 9EMA
"BABA" accumilate for value InvestingHKEX:9988 - NYSE:BABA
1. Divergence in the CMF Indicator. - Bullish signal
2. Ice Cream Bullish outside BB - Bullish signal and reversal pattern.
3. Last trading day volume more than the average
4. Intrinsic value using Benjamin Grham formula (EPS*(7+g)*4.4/Y, where EPS, g, Y is 8.5,10%, 2.07%
is $305.
Note: I was very conservative in IV calculation I used a growth rate of 10% while it is expected to be 21 for the next 5Y
Long- 9618 HK/JD USKey reasons:
1. Support (channel)
2. RSI:
a) absolute base: Oversold
b) trailing: the bottom of the channel of RSI
3. Hammer in a downtrend
Buy at ~HK$268
First resistance: from ~HK$390 to HK$422
LONG 9988 (Alibaba) Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
LONG 3690 (Meituan) Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Meituan (3690 HK) [1-3 weeks view]This is an analysis for a client.
Price is reacting at a key monthly support.
Stochastic is on support where price bounced in the past as well.
Please do your own due diligence.
Losses can happen so please understand your risks and investment objectives first.
Fosun Pharma Long Long consolidation in mid 2020 till now for almost 1 year now.
Prices looks like it is ready to move up further to 50-52, so long as $30 stands as a strong support.
The far leg target to be 75-80.
AngAng (Red in Hokkien ) hot Steel. Updated 8 May 2021Price have broken the wedge pattern upper line.. Estimate price "may" reach around $16...
P/s. Traders should have independent view and strict proper risk management before trading any leverage instruments. without blindly following any trading ideas from others
Baic Motor is completely undervalued It reached what appears to be a bottom on March 15.
It is almost 80% below its all-time high of January 2018.
The awesome oscillator is on the downside, heralding a possible reversal.
Although last year its profits fell compared to 2019, the trend is still upward, that is, it is becoming more profitable, with 2020 being an exception.
It is one of the largest car manufacturers in China, also having a presence in various parts of South America and Asia, whose models sell quite well.
It is working to develop new technology and introduce more electric vehicles to its fleet.
In general it has good fundamental and future potential, I still think that its price is unjustified.
If you want to have more details about the company, I recommend reading its 2020 annual report.
HKEX:1958
OTC:BMCLF
OTC:BCCMY
CNOOC is approaching support Prices are approaching support in line with our ascending trend line where we could see an upside above this level.
AIA is facing bullish pressure Prices are facing bullish pressure from our support and could see a further upside above this level.
Key levels to watch on Sands ChinaThese are the key levels to watch for Sands China. Prices are testing support where we could see limited upside
Sands China is approaching resistance, potential reversal Prices are approaching our resistance in line with our descending trend line, 61.8% retracement and 61.8% extension where we could see a reversal below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
<TradeVSA> Continuation in Uptrend from Pullback - Li NingSign of Strength in the chart:
1. Green Pentagon above 20/40ma
2. Pullback with Spring near 20ma
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
