I foresee the Hang Seng Index (HSI) showing short-term upside potential. As a result, I am expanding my watchlist to include HSI stocks, and one stock that has caught my attention is Lenovo. 📊 Why Lenovo? 1️⃣ Technical Setup: – The 10 EMA recently crossed above the 20 EMA, signaling the start of an uptrend. – The stock is currently pulling back, finding support at the 10 EMA and aligning with the Fibonacci 0.5 retracement level, making it a favorable entry point. 2️⃣ Fundame...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(MAR5) (ESmain.US)$(4 Hour Chart) -[NEUTRAL]We stay neutral with a slight bearish bias as price is currently hovering between 6000 resistance and 5870 support level. A 4 hour candlestick closing below 5870 support level would open drop towards 5820 support level. Technical indicators advocate for a bearish scenario as well. Alternatively: A 4 hour candlestick closing above 6000 resist...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(MAR5) (ESmain.US)$(4 Hour Chart) -[BEARISH ↘ **]We turn bearish as price has dropped past previous support levels. As long as price stays below 5985 resistance level, we expect price to continue dropping towards support level at 5870. Technical indicators are advocating for a bearish scenario as well. Alternatively: A 4 hour candlesti...
📊 Why Lenovo?
1️⃣ Technical Setup:
– The 10 EMA recently crossed above the 20 EMA, signaling the start of an uptrend.
– The stock is currently pulling back, finding support at the 10 EMA and aligning with the Fibonacci 0.5 retracement level, making it a favorable entry point.
2️⃣ Fundame...
hodling these forever ❤️
and use dividends to buy more 😁
$E-mini S&P 500 Futures(MAR5) (ESmain.US)$ (4 Hour Chart) -[NEUTRAL]We stay neutral with a slight bearish bias as price is currently hovering between 6000 resistance and 5870 support level. A 4 hour candlestick closing below 5870 support level would open drop towards 5820 support level. Technical indicators advocate for a bearish scenario as well.
Alternatively: A 4 hour candlestick closing above 6000 resist...
why today drop so much??
$E-mini S&P 500 Futures(MAR5) (ESmain.US)$ (4 Hour Chart) -[BEARISH ↘ **]We turn bearish as price has dropped past previous support levels. As long as price stays below 5985 resistance level, we expect price to continue dropping towards support level at 5870. Technical indicators are advocating for a bearish scenario as well.
Alternatively: A 4 hour candlesti...
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