Stocks to Watch Coterra Energy Inc (CTRA US)$Coterra Energy (CTRA.US)$ Daily Chart -[BULLISH ↗ **]CTRA US pushed higher after shaping a bullish breakout. As long as price is holding above 25.20 support, a further push higher towards 26.95 resistance is expected. Technical indicators are advocating for a bullish scenario as well with bullish momentum building and MA golden cross is seen. Alternatively: A daily candlestick closing below 25.20...
72423057
:
I want to ask those studying stock price charts, whether it is the stock price that determines the chart, or the chart that predicts the future trend of the stock price?
Moon fairy 大炮仙 ❤
72423057
:
Chart is just a references, history or an information for you to guess what the price or trend going to form in the future. And is no guarentee that even you study the chart you will know the future. And if eg 1000 people see the same chart and almost 90% guess the same things maybe it will be chart leading us to play in the same way to had that same outcome.
wahlao
72423057
:
Its human emotions determine stock price, price determine chart. See chart to see human emotions, but humans could be logical so u can't be sure 100%. It's the meaning of life. Deep.
fearless Puppy_9024
72423057
:
Stock prices determine charts through recorded trading activity. However, charts can influence market behavior indirectly when traders use them to predict trends. External variables like institutional trades, company news(e.g. earning reports, mergers, acquisitions, product launches or management change) and micro-economic factors(e.g. interest rate, political events, global market conditions) can also override typical chart-based predictions by introducing sudden volatility or trends.
$LONGFOR GROUP (00960.HK)$ Currently in China for Holiday, seeing all the abandoned uncompleted housing that overrun by nature with my own eyes. FYI this is yunnan
1⃣ China's Jan-Sept realestate development investment fell by 10.1% y/y to 7.87 trillion yuan. 2⃣Residential housing sales areas decline narrowed to -17.1% y/y at 703 million square meters, and the total sales down by 22.7% y/y to 6.89 trillion yuan. (narrowed) 3⃣Developing funds in place down 20.0% y/y(narrowed) to 7.89 trillion yuan. 4️⃣Sentiment 92.41 $LONGFOR GROUP (00960.HK)$$CG SERVICES (06098.HK)$$AGILE GROUP (03383.HK)$$EVERGRANDE (03333.HK)$
I’d be worried if the rate of decline does not significantly lessen in October given the reports of a more active buyer market since the National Day holiday. ALL CHINA SEPT NEW HOME PRICES -0.7% M/M (AUG -0.7%), -5.8% Y/Y (AUG -5.3%). STABILIZED M/M, WITH Y/Y DECLINES WIDENING. HOME PRICES FELL M/M IN 66 OF 70 CITIES VS. 67 IN AUG, FELL Y/Y IN 68 CITIES, VS 68 IN AUG. $CG SERVICES (06098.HK)$$LONGFOR GROUP (00960.HK)$$EVERGRANDE (03333.HK)$$AGILE GROUP (03383.HK)$
Today, it appears it has been successful based on the amount of approved loans made - DOUBLE the original budget. And now, Beijing is boosting that original budget by almost 3X to 4 trillion yuan. Seems as if a recovery was already starting to take form underneath the surface. Now, they are addressing the demand side with lower mortgage rates, easier ...
72423057 : I want to ask those studying stock price charts, whether it is the stock price that determines the chart, or the chart that predicts the future trend of the stock price?
Moon fairy 大炮仙 ❤ 72423057 : Chart is just a references, history or an information for you to guess what the price or trend going to form in the future. And is no guarentee that even you study the chart you will know the future. And if eg 1000 people see the same chart and almost 90% guess the same things maybe it will be chart leading us to play in the same way to had that same outcome.
Moon fairy 大炮仙 ❤ : Another to ask yourself is,, You play the game? Or the game play you.
wahlao 72423057 : Its human emotions determine stock price, price determine chart. See chart to see human emotions, but humans could be logical so u can't be sure 100%. It's the meaning of life. Deep.
fearless Puppy_9024 72423057 : Stock prices determine charts through recorded trading activity. However, charts can influence market behavior indirectly when traders use them to predict trends. External variables like institutional trades, company news(e.g. earning reports, mergers, acquisitions, product launches or management change) and micro-economic factors(e.g. interest rate, political events, global market conditions) can also override typical chart-based predictions by introducing sudden volatility or trends.
View more comments...