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$Hang Seng TECH Index(800700.HK$
If you followed my previous post about bearish patterns popping up around the market, then I've got another one for you. Check out the previous post in the link below.
Another Bearish Technical Development
When sentiment in equity marktes worldwide is turning bearish, then you will see a lot of the more bearish technical patterns showing up in the charts. Here is an example below with the Hang Seng Index. A head and s...
If you followed my previous post about bearish patterns popping up around the market, then I've got another one for you. Check out the previous post in the link below.
Another Bearish Technical Development
When sentiment in equity marktes worldwide is turning bearish, then you will see a lot of the more bearish technical patterns showing up in the charts. Here is an example below with the Hang Seng Index. A head and s...
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Nio stock price formed a bullish hammer candle on a weekly time frame. But buyers failed to give the follow-up momentum and prices remained in a range. The share price crashed more than 10% two weeks later for reason I will not discuss here. You can read more here:
Why Nio Stock Tumbled 10% Today
This is an example to show the importance of knowing the limitations of candlestick patterns and not to follow it blindly. It is a good practice to verify with othe...
Why Nio Stock Tumbled 10% Today
This is an example to show the importance of knowing the limitations of candlestick patterns and not to follow it blindly. It is a good practice to verify with othe...
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Bearish candlestick patterns can sometimes be useful when attempting to predict potential reversals. Knowing when the price can possibly turn around can be very profitable for swing traders.
There are many bearish technical patterns, but the one I utilize most often is Bearish MACD or RSI Divergence.
Bearish divergence occurs when a tickers price action is diverging or deviating from the implications of the oscilating indicators, like MACD and RSI.
Basically, ...
There are many bearish technical patterns, but the one I utilize most often is Bearish MACD or RSI Divergence.
Bearish divergence occurs when a tickers price action is diverging or deviating from the implications of the oscilating indicators, like MACD and RSI.
Basically, ...
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Bearish candlestick patterns
Bearish candlestick patterns are either a single or combination of candlesticks that usually point to lower price movements in a stock. They typically tell us bearish reversal patterns - where uptrends reverse to downtrends.
Hanging man
The hanging man is a single candlestick pattern. There was an uptrend before the hanging man occured. The hanging man has a long lower wick and the price closed near the day's high. The gap down the next d...
Bearish candlestick patterns are either a single or combination of candlesticks that usually point to lower price movements in a stock. They typically tell us bearish reversal patterns - where uptrends reverse to downtrends.
Hanging man
The hanging man is a single candlestick pattern. There was an uptrend before the hanging man occured. The hanging man has a long lower wick and the price closed near the day's high. The gap down the next d...
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Fluence Energy(FLNC) 24.645 +1.17%
https://www.moomoo.com/stock/FLNC-US?from=share
https://www.moomoo.com/stock/FLNC-US?from=share
Invesco QQQ Trust(QQQ) 367.785 -0.78%
https://www.moomoo.com/stock/QQQ-US?from=share
https://www.moomoo.com/stock/QQQ-US?from=share
My most-used bearish candlestick pattern is the Shooting Star. It appears at the end of an uptrend and signals a potential reversal in the stock's price movement. The pattern is characterized by a small real body, a long upper shadow, and little or no lower shadow.
It tells that the stock opened at a certain price, rose significantly during the day, but then closed near its opening price. This means that the bulls were initially in control but lost...
It tells that the stock opened at a certain price, rose significantly during the day, but then closed near its opening price. This means that the bulls were initially in control but lost...
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102640653 : How long do u think the China market sell off will last . Look to me a bottom has been place around 17620-17650 zone . Will it hold. I don’t know. But it is dangerous here to play around without any knowledge of technical indicators. What u thinks. Thanks for feedback.
102640653 : The sse composite index have a gap at 3085-3089 zone . Look like it will fill it up today . Will this hold or move down further is anyone guess. Fingers crossed I’m betting that it will hold n eventually China markets may just start to run up as soon as possible. It’s been long accumulation going on for past few months n it’s ripe time. Following heavyweight n most r either at their support or near the Low. Indicators showing oversold for some already but in bear market it may overextend. Now it’s just a valuation call . U find it cheap hold it n keep it . It’s a treasure u r finding at these level. Goodluck friend. Your views n further technical on Alibaba . It hit hkd 82.5 . There is a gap in usd at around 83 level which should fill today .
102640653 : There is a posing gap now on sse 3085-3086 zone
102640653 : If it fills I will be confident. Many people don’t follow gap theory . But I do .
102640653 : 25th august high was 3085.05 n low on 28th august was 3089.12 on sse . It really came back to test the gap after about 3 weeks which surprised me . I’m not good but I’ve come to know from a trader that it’s always safe to buy when the gaps r filled it will be much cheaper price u r going to pay
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