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For Historical analyses of HSI index and stocks click here.
7/26/2020
Tencent Holdings Ltd (700 - HSI) - Bulls in control
Tencent Holdings Ltd (700 - HSI) has completed 3rd wave of impulse cycle and correcting down in 4th wave, which might be complex or falt correction, so sell when X gets over and stay bullish when 4th wave correction gets finished.
Hong Kong Exchange & Clearing Ltd (388 - HSI) - Bullish or choppy - what’s next ?
Hong Kong Exchange & Clearing Ltd (388 - HSI) is in correction of either 4th wave or correction after impulse over as two possibility, but in both the cases the price will go down, so stay bearish in pull back. It is out-performing the HSI so that it can make a new high in pull back, so keep eye in 5 min time frame to track the price action.
AAC Technologies Holdings Inc (2018 - HSI) - Choppy or Bearish - what’s next ?
AAC Technologies Holdings Inc (2018 - HSI) is in 3rd (or C) wave down. It has completed 2nd wave correction, which generally expected to be dip and now in 3rd wave down, so stay bearish with stops above 60.40 for big down as target as stock is in down trend.
Alibaba Group Holding Ltd (9988 - HSI) - Choppy or Bearish - what’s next ?
Alibaba Group Holding Ltd (9988 - HSI) is in ABC down sequence in 30 min time frame, where B wave completed in abc zigzag as expected in previous updates. Stay bearish below 255.15 for target of 220 or lower. The price is in 3rd wave down, so enter in pull back.
Meituan Dianping (3690 - HSI) - Bulls about to attack again
Meituan Dianping (3690 - HSI) is in final up move of impulse cycle. It has completed 4th wave in wxy complex correction. So stay bullish with stops below 180 for target of 220 or higher.
Semiconductor Manufacturing International Corp (981 - HSI) - Choppy to bearish price action
Semiconductor Manufacturing International Corp (981 - HSI) is in impulse, which is finished with double top pattern. It dropped in ABC as W wave and now will move up to complete X wave, so stay bearish when X over.
Cansino Biologics Inc (6185 - HSI) - Bearish choppy price action
Cansino Biologics Inc (6185 - HSI) is in C wave down as expected earlier. It is in 3rd wave of C of Y down, so stay bearish with stops above 238.15 for target zone of 156 or lower.
Weimob Inc (2013 - HSI) - Bulls taking control again
Weimob Inc (2013 - HSI) is in 5th wave of C wave cycle up in 4 hr time frame. It is in 2nd subwave of 5th wave, so wait for it to over and then stay long for 3rd wave up with stops above 9.60 for target of 13.50.
Microport Scientific Corp (853 - HSI) - choppy price action
Microport Scientific Corp (853 - HSI) it seems 3rd wave finished as truncated wave. It can either go higher to finished the truncated wave, or go down to complete 4th wave, so primary count is corrective 4 and secondary count will be 3rd wave subdivision.
7/19/2020
Tencent Holdings Ltd (700 - HSI) - Bulls in control
Tencent Holdings Ltd (700 - HSI) is in 5th subwave of 3rd wave up, so stay bullish with stops below 506.65 for target zone of 565-580. It is very strong stock in weekly time frame as impulse cycle.
Hong Kong Exchange & Clearing Ltd (388 - HSI) - Bullish or choppy - what’s next ?
Hong Kong Exchange & Clearing Ltd (388 - HSI) is in 5th subwave of 3rd wave up, so stay bullish with stops below 332.90 for target as new high above 375 level. In weekly it broken up the triangle, therefore price is moving sharply up.
AAC Technologies Holdings Inc (2018 - HSI) - Choppy or Bearish - what’s next ?
AAC Technologies Holdings Inc (2018 - HSI) is in 3rd (or C) wave down. It is in 2nd subwave of 3rd wave, so wait for it to end to sell it down for 3rd wave. In weekly time frame it is in C wave huge down, where 3rd wave of C cycle is in progress.
Alibaba Group Holding Ltd (9988 - HSI) - Choppy or Bearish - what’s next ?
Alibaba Group Holding Ltd (9988 - HSI) is in ABC down sequence in 30 min time frame, where B wave is in progress. It can be either zigzag or flat abc, so wait for B to unfold and end, thereafter sell it for C wave down.
Meituan Dianping (3690 - HSI) - Bulls about to attack again
Meituan Dianping (3690 - HSI) is in 4th wave correction in 4 hr time frame of impulse sequence. It is in ABC zigzag in daily time frame, where 4th wave is in progress. Stay bullish when correction ends in 30 min time frame for 5th wave cycle.
Semiconductor Manufacturing International Corp (981 - HSI) - Bulls about to take over
Semiconductor Manufacturing International Corp (981 - HSI) is in impulse cycle in weekly time frame. It is in 4th wave in 4 hr time frame. The 4th wave was flat correction abc, where c was five wave decline. Stay bullish now but wait for confirmatory impulse cycle up to get in with stops below 25.85 for target of new high.
Cansino Biologics Inc (6185 - HSI) - Bearish choppy price action
Cansino Biologics Inc (6185 - HSI) is in WXY correction after impulse over in daily time frame. The Y wave down in ABC zigzag probably go down. So stay bearish when B wave finished in 10 min time frame.
Weimob Inc (2013 - HSI) - Bulls taking control again
Weimob Inc (2013 - HSI) is in 5th wave of C wave cycle up in 4 hr time frame. Stay bullish above 9.60 as stops for target above 14 or higer. In daily time frame it is in WXY correction where Y is subdividing in ABC zigzag and 5th of C is in progress.
Microport Scientific Corp (853 - HSI) - Bulls are dominant
Microport Scientific Corp (853 - HSI) is in 5th subwave of 3rd wave up, so stay bullish above 35.05 as stops for target above 46-48 range. In daily time frame it is in C wave as 5th subwave of 3rd wave, where huge volume and high oscillator value confirms the waves.
For Historical analyses of HSI index and stocks click here.
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