$YUEXIU PROPERTY (00123.HK)$ Stock 00123 appears to be forming a bottom breakout and retest, potentially heading toward both the 1x and 2x price targets. Although it hasn’t shown the same momentum as 01030 and 03900, the hope is that it will pick up speed, achieve the 2x target, and retest the gap and even Oct 2024 High.
Stocks to Watch Echostar Corporation (SATS US)$EchoStar (SATS.US)$ Daily Chart -[BEARISH ↘ **]SATS US is moving downwards. We expect price to drift towards 20.80 level and take a pause before drifting lower towards 17.89 support level. Technical indicators are advocating for a bearish scenario as well. Alternatively: A daily candlestick closing above 20.80 level would open for push towards 25.89 resistance level. Shopify Inc (SHOP US)$Shopify (SHOP.US)$ ...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(MAR5) (ESmain.US)$(4 Hour Chart) -[BULLISH↗ **]We maintain our bullish directional bias as we expect price to continue pushing towards 6055 resistance level. A 4 hour candlestick closing above 6055 resistance would open push towards 6120 resistance level. Technical indicators are advocating for a bullish scenario as well. Alternatively: A 4 hour candlestick closing below 5970 suppo...
Mr Careful
:
the real capital flight out of china may be materializing soon after disappointment with stimulus and expectations of a devaluation of yuan strengthening.
Stock 00123 appears to be forming a bottom breakout and retest, potentially heading toward both the 1x and 2x price targets. Although it hasn’t shown the same momentum as 01030 and 03900, the hope is that it will pick up speed, achieve the 2x target, and retest the gap and even Oct 2024 High.
break up today
Echostar Corporation (SATS US) $EchoStar (SATS.US)$
Daily Chart -[BEARISH ↘ **]SATS US is moving downwards. We expect price to drift towards 20.80 level and take a pause before drifting lower towards 17.89 support level. Technical indicators are advocating for a bearish scenario as well.
Alternatively: A daily candlestick closing above 20.80 level would open for push towards 25.89 resistance level.
Shopify Inc (SHOP US) $Shopify (SHOP.US)$
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$E-mini S&P 500 Futures(MAR5) (ESmain.US)$ (4 Hour Chart) -[BULLISH↗ **]We maintain our bullish directional bias as we expect price to continue pushing towards 6055 resistance level. A 4 hour candlestick closing above 6055 resistance would open push towards 6120 resistance level. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A 4 hour candlestick closing below 5970 suppo...
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