MKN2 - A potential setup for a swing tradeRemain vigilant for daily reversal candles occurring near the support area. In the event of a daily closing breach of the support levels (red lines), there is a possibility of further downward movement, emphasizing the importance of implementing risk management strategies.
Key stats
About SEMICONDUCTOR MANUFACTURING INTL CO
Sector
Industry
Website
Headquarters
Shanghai
ISIN
SGXE29478059
FIGI
BBG01VKR9B13
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hk 981 semi - not even semi smooth.. 1st and 2nd support lines- this stock is correcting HKEX:981 HKEX:981
- hold or short until it hits 1st and 2nd support.
-May reobound after that..
- very volatile
- keep your stop losses and trade within in your limits.
trade at your own risk and limits.
Happy trading
waking up of giant to 60 yuanwith rising of china semiconductor industries, SMIC had successfully made 7nm BTC semiconductors, even outperfom Intel in terms of effiency. Many ICs are made within China given current International conditions, China has given massive financial stimulates and the company is having multiple quarter
Pounding on SMIC -981In my opinion, the US government is being myopic if they decide to do the following :
1. to delist the Chinese companies in US - about 250 companies that are worth trillions of dollars
(not very likely but this is a RISK)
So, as much as possible, buy the Chinese companies listed in HK or China els
SMIC's R&D VP Resigns, Giving Up CNY 9.3 Mn in SharesOn July 4, Chinese chipmaking giant SMIC announced that the company's vice president of R&D and its core technician, Dr. Jingang Wu, has recently applied for resignation due to personal reasons. He will no longer hold any position in the company.
According to the recent statement of China's largest
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
Depending on the exchange, the stock ticker may vary. For instance, on SGX exchange H SMIC HK SDR 5TO1 stocks are traded under the ticker HSMD.
HSMD stock has risen by 3.01% compared to the previous week, the month change is a 3.01% rise, over the last year H SMIC HK SDR 5TO1 has showed a 2.26% increase.
No, HSMD doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, HSMD shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade H SMIC HK SDR 5TO1 stock right from TradingView charts — choose your broker and connect to your account.