0.000High0.000Low0Volume0.000Open0.000Pre Close0.00Turnover0.00052wk High0.00%Turnover Ratio0Shares0.00052wk Low--EPS TTM0Float Cap0.000Historical High--P/E (Static)0Shs Float0.000Historical Low--EPS LYR0.00%Amplitude--Dividend TTM--P/B100Lot Size--Div YieldTTM
We're looking at a potential sell setup for $BIDU-SW (09888.HK)$
And here is why:
1.) The price is moving below ichimoku cloud and showing a dropping trend
2) We are looking a sell opportunity at 119.6, which is the upper bound of consolidating area
3) The take profit is set at 103.7, where the swing low and 141.1% fib projection are
Anyone else have a similar short-term bearish outlook?
Trade Entry recommendations:
Buy Entry: 119.6
...
On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that prices will rise from the buy entry at 130.7 where the overlap support and 61.8% fibonacci projection are to the take profit at 155.6 where the swing high resistance, 100% fibonacci projection and 61.8% fibonacci projection are. Alternatively, price could break entry structure and drop to stop loss at 104.0 where the swing low su...
On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that prices will drop to sell entry at 130.7 where the overlap support and 23.6% fibonacci retracement are. Once there is downside confirmation of price breaking entry structure, we would expect bearish momentum to carry price to take profit at 104.0 where the swing low support and 78.6% fibonacci projection are. Alternatively, pri...
On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that price will drop to sell entry at 130.7 where the overlap support is. Once there is downside confirmation of price breaking entry structure, we would expect bearish momentum to carry price to take profit at 104.0 where the swing low support and 78.6% fibonacci projection is. Alternatively, price could rise to stop loss at 155.6 ...
On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that price will drop to sell entry at 130.8 where the overlap support, 100% fibonacci projection and 50% fibonacci retracement are. Once there is downside confirmation of price breaking sell entry, we would expect bearish momentum to carry price to take profit at 104.2 where the swing low support is. Alternatively, price may rise to stop loss...
On the H4, with prices moving above the ichimoku cloud, I have a bullish bias that prices will rise from buy entry at 134.7 where the swing low support is to the take profit at 156.6 where the swing high resistance, 100% fibonacci projection and 127.2% fibonacci extension are. Alternatively, prices could break entry structure and drop to stop loss at 130.7 in line with overlap support and 50% fibonacc...
On the H4, with prices moving above the ichimoku cloud, I have a bullish bias that prices will rise from buy entry at 138.0 where the pullback support is to the take profit at 156.6 where the swing high resistance, 100% fibonacci projection and 127.2% fibonacci extension are. Alternatively, prices could break entry structure and drop to stop loss at 130.7 in line with overlap support and 50% fibonacci...
On the H4, with prices moving above the ichimoku indicator and MACD moving in a bullish momentum, I have a bullish bias that prices will rise from the buy entry at 130.7 where the pullback support and 38.2% fibonacci retracement are to the take profit at 147.7 in line with the swing high resistance, 161.8% fibonacci extension and 78.6% fibonacci projection. Alternatively, prices could break entry structure and drop ...
On the H4, with prices moving below the ichimoku indicator, I have a bearish bias that prices will drop from the sell entry at 130.8 where the overlap resistance and 50% fibonacci retracement are to the take profit at 104.0 where the swing low support and 78.6% fibonacci projection are. Alternatively, price may break entry structure and rise to stop loss at 155.5 where the 78.6% fibonacci projection and swing high resistance...
Analysts have trimmed profit projections for Hang Seng Tech Index members by 4% in April, following a similar reduction in March, according to data compiled by Bloomberg. Among their reasons is the prospect for further Covid flareups in the world’s most populous nation.
The escalating concerns ...
No comment yet