7 long term stock charts from 3 countries for mid to long term investors. EEM, XLRE, XLE, XLU, OCBC (O39.si), SPH (T39.si) and TVB (511.hk).
Tencent analysis on weekly and daily time frame. Key features: double top chart pattern confirmed, no longer bouncing off 13-wema, 20-day and 50-day ema dead cross. Until 408 is recovered, this stock will terminate last 6 bulllish years and we will have to find out where bottom is.
Looking at base building by Hong Kong listed stock PCCW and Singapore listed Wilmar. Both demonstrate multiple-year supports and positive price action. Illustration with 3M charts.
This weekly chart of Zijin Mining (2899.hk) is an excellent example illustrating various technical analysis concepts: 1) Moving averages as a roadmap that provides direction, support. 2) Chart pattern reveals continuation (base building) or reversal. 3) Volume as an excellent companion of price movement.
These are 4 oil and gas stocks listed on the Hong Kong Exchange that could be easily picked out with a stock scanner that looks for high volume trading or new 52-week high. They are Anton Oilfield, Sinopec, Hilong and Hong Hua.
Bank of East Asia (0023.hk) re-testis 2013, 2014 52-week highs in a highly recurring sequence. Concepts involved are 52-week highs, resistance, false break/bull trap and re-test.
3 technical questions that long term investors need to ask based on this monthly chart of Hong Kong Exchange (ticker 0388).