A Forgotten Chinese stock with small float & Bullish sentiment !
$Solowin (SWIN.US)$ All Chinese stocks are up, this one is from Hong Long. Low float. They did a bad job in their last earnings; they can only improve in the next one and do better. They are due for a badass rise.
Continuation of the Symmetrical Triangle; with luck, the RSI is in the "sweet spot" and the MACD is barely positive, which would be very bullish. The last "golden cross" of the 9EMA/20EMA caused a rise in the price action and RSI. Let's hope for a "golden cross" with the 20EMA above 50EMA, which would lead to a breakout towards $8 - $10 - $12 levels!
Or in another scenario, the price goes down to a double bottom, would add liquidity, and forms a Bullish "Descending Triangle" and boum ^^
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Technical & Financial Analysis, peer comparison and stock picking. Swing trades & long-term investment.
Pleased to help!
340Followers
134Following
1393Visitors
Follow
癞气疤子 : they did not release Q2 report, IT is still a problem
Kevin Matte OP : The next estimated earnings date is Tuesday, October 8, 2024, before market open.
(According to stockanalysis.com)
癞气疤子 Kevin Matte OP : won't be any good report for Q2, but we still need to see the report , at least we could konw shars holder Info , Q4 will be some good news, China mainland and Hong Kong market brokers stocks going up crzay last few days