Hi All After all this struggle, can we rise, can we trust the Chinese government to provide, publish, the necessary data on Chinese technology names and release the COVID measures finally? The picture shows a very strong resistance and a possible pivot. The fundamentum is strong the as the uncertainty. Let's see. I'm in with a narrow stop limit.
BR Jonespapa
Comentarios
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Failed :( Stop limit caused selling. Next try after opening Shanghai
If you zoom out to weekly, monthly you can see how much selling pressure there is. A lot more consolidation has to be done in the range of the current engulfing weekly candle of ~4.53 - 3.55 range, break above 4.63 to be remotely bullish. Ichimoku system suggest October earliest.
Nico.Muselle
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Hello, good job on posting your first chart. Hope you liked the learning experience. Let us know if you have any feedback. 👍 @Nico.Muselle, TradingView Mod Team