I am a strong believer of technical analysis, It simplifies the process of dicition making. Building a new long position in Bank of China Limited . :)
mest capital indicator has generated an alert of going "SHORT" for 000001 "SSE COMPOSITE INDEX " Happy trading 🙏
good up trend going on, Good Technical and Fundamental...... Target 4350, Duration 1 to 5 months.........
Target 5870... Good Technical and Fundamental.......
Get your eyes up on Mitsubishi Corp charts! Follow and I'll be updating y'all
Good Moving Average and Earnings, Good Up Trend , Duration 1 to 5 months.....
Technical and Fundamental good ...... Target 990.....
China Index - 50% retracement from highs
The further abc down is an assumption. we have to watch the levels to confirm the movements.
The STAR Innovation looks doing the corrective downside in a wxy. The W is made, X is in the process, With this assumption, the downward Y is expected min at 1217.
The up trend will continue for sometime, the analysis points to that.
Is Ten Allied going to 213ish level, we have to watch the levels to confirm.
Om Namah shivay Techmatrix movements looks like that of Reliance industries. But the structures in REliance are yet to be developed. The recent movement looks like an impulse going down. Om Namah Shivay
SSE SHANGHAI Support good enough to hang out at 2054-2001. RSI almost near the oversold zone. Demand zone can be seen between 50%-61.8%. Candle has been long legged doji. A swing bottom now with higher low and higher high can resume a rise. In that case expect rise towards 2174-2200 which will be the supply zone. Range bound swing and volatility...
After long period of consolidation, SAIC is of all Chinese E-Cars Producers in second line. But - Most others (NIO, BYD etc) gained in a very short time. The potential is in short time limited, especially NIO is very much too high. In hunting other shares, the market will discover SAIC & push'em up. technical remarks: - good OBV - outbreak Chanel - double bottom...
TSE:9983 with a line one can know the history of 9983, the market in an upward trend but the sellers always deny an area very important for them. these days we are seen that the market can break the sellers area, so now we can buy stock 9983.