XIN I think the target1 will be 4.3$XIN is uptrend above MOV50
RSI > 40
MACD will cross
CMF > 0
I think the target1 will be 4.3
XIN trade ideas
$XIN can rise in the next daysContextual immersion trading strategy idea.
Xinyuan Real Estate Co., Ltd., together with its subsidiaries, engages in residential real estate development in the People's Republic of China, the United States, and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $2,69;
stop-loss — $2,48.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
XIN Low risk to reward set up on XIN. Long at the green box with profit at the the important fib levels.
XIN - *ON WATCH* Set alerts on this one may take time to correctly form. May drop some etc. Definitely wouldn't buy in yet.
XIN - FINISHED THE CORRECTION GOES FOR ONE MORE WAVE UP?XIN was in a corrective phase that at this point seems broken with a gap and run. I'm expecting more upside; possible target on chart.
