$腾讯控股(00700)$Where Tencent stands at?A look at the weekly chart, compare previous occasion whereby stock was heavily sell down1. RSI at value below 40, similar situation back in Oct-2018 as shown2. ADX slightly below 30 but keep rising, similar situation back in Oct-2018 as shownBack in 2018, ADX continues to rise above 40, led to another leg of -17% selloff from previous low within weeks. Given the similar situation, further downside could be on the way, bringing stock price down from previous low of $422 to an estimation around $350 in upcoming weeks.🤞Fingers crossed🤞, I hope I'm wrong[惊吓]
$Palantir Technologies Inc.(PLTR)$PLTR Weekly chart [$22.83]- RSI dropped below 50 (bad)- dipped below Yellow parallel channel, Big Red bar + Big Volume (bad, seller in control)- Volume Profile since IPO shows that 70% traded ≈ $21 ~ $28For long term investor (buy on weakness), i guess you know where to AIM (lower range of 70%)Below $21 , you're probably in dangerIF 70% decided to give way of $21, what do you think?My half pinch salt opinion, not vested yet.
$中国联通(00762)$Daily chart - Complex Bottom, ready to climb higher1. share price closed along neckline around $4.362. triple EMAs merging, potentially signalling a major turnaround in daily chartLooking forward along $4.60+ for next upside challenge
$华侨银行(O39.SI)$Weekly Chart Technical Analysis- RSI dip below 50 for the first time since Nov 2020, impending a potential trend reversal- share price also dip below POC within the fixed range as shown- reference with previous occasion back in May 2018Share price could weaken back along $10.50 ~ $11.00 in upcoming weeksNote:Point of Control (POC) – The price level for the time period with the highest traded volume.
$小米集团-W(01810)$Weekly Chart1. since Feb 2021, share price has formed a converging triangle consolidation2. volume contraction over the weeks, typical found in triangle pattern3. price action mostly trade within 24.70 ~ 29.80 as shown on the right chartMoving off either range would reveal the next trend of Xiaomi
$Alibaba(BABA)$How Low can BABA drop?$Amazon.com(AMZN)$ vs BABA monthly chart1. AMZN worst drop in history, gone below 70% POC to low of Hugh buy UP bar as shown2. can observe AMZN volume largely reduced after Dec 2000, you can view as sellers dry up or buyers lost interest in this stock3. it took 10 months! YES! RSI stays below 40 for 10 long months! for AMZN to finally confirm the bottom! (note that RSI did not dip much further, just dragging below 40)now back to BABA1. BABA is right along POC ! but look at the volume.. hardly reduced, you can view as sellers in full control (red candles size are bigger than green candles) OR there is too much "hope" in this stock (media covera
$特斯拉(TSLA)$TSLA Weekly Chart [909.68]- there are 3 occasions weekly RSI surpass 74 since Dec 2019- share price accelerates and observe big % gain over 9 weeks (as shown)Just a conservative 50% estimate = $1364[惊吓][惊吓][惊吓] Comment & Like👍 thank you[爱你]
$扬子江船业(BS6.SI)$Has Yangzijiang reached another Cyclical Peak?Weekly Chart Technical Analysis- share price closed 4% lower on increased volume, slightly dip below POC- RSI dip below 60, posing threat to fell below 50- reference 2 cases back in Feb 2018 & Jul 2019- trend reverse when share price completely dip below POC, after forming triple/double peak respectivelyBe aware that similar scenario could re-occur if share price continues to dip towards $1.36Note:Point of Control (POC) – The price level for the time period with the highest traded volume.
$蔚来(NIO)$Going down all the way to $20+ ??Weekly Chart Technical Analysis (side by side comparison)Left - BTC/USD back in 2014 / Right NIO as of current- back then, Bitcoin dip below POC, gone below 40 week EMA- thereafter price shed further all the way back to where the Volume Profile measured from- currently, share price of NIO have since dip below POC, and further gone below 40 week EMA this week- trading volume greatly reduced even at the second rally back in JunThis is the 2nd time share price gone below 40 week EMA and it really doesn't looks goodCould further weaken to Low of $30.71 back in May, or even back to $20+ in the worst case.
$SINGTEL(Z74.SI)$weekly chart (log scale), resist broke on price chart, going to challenge 2.60 or even highercomment & like if u think it's useful[爱你]
$Tiger Brokers(TIGR)$daily chart (log scale), head & shoulder breakout.current rebound might not last, new eesistance plot on RSI (possible turnaround if resist broke)
$SOS Limited(SOS)$daily chart (log scale), island reversal (bearish) followed with triangle consolidation, ended breakout on 23/3 (bearish)RSI concur with support broken as shown. how far and how fast the stock still can drop? unknown... main point is the stock remained bearish as of last closingcomment & like if u think it's useful[爱你]
$Tesla Motors(TSLA)$back in Mar 2020, stock made a huge correction of more than 60% from high of 19+ , RSI dip below 30 to reach oversold for the first time since many months back, but quickly recovered from 1st sign of reversal (breaks above leveled resist shown on RSI) and you know what happened thereafter > another SUPERB runnowin Mar 2021, a similar scenario occured. this time stock has since corrected 40% from high of 900, RSI dip below 30 to reach oversold for the first time since many months back, a quick rebound that push the RSI to a leveled resist just below 50 but dip again over past few dayshas the Giant bottomed? well.. perhaps have to wait for the first sign of reversal on RSI, similar as what it did back in 2020.
$CrowdStrike Holdings, Inc.(CRWD)$daily chart (log scale), head & shoulder breakout back in 4/3, rebound back to neckline along 200+, and fall back to current closing around 177+[看跌] daily chart remained bearish, RSI resist formed as shown, stock could further weaken along 146+/-[心碎]