Geely down to 7.50 HKDGeely stock is about to touch the price area of 7.60-7.40, according to the trend analysis.
Geely Automobile Holdings Limited
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Market insights
Geely: Bears are back 🍯🐻The bears have now pushed Geely stock back below its March low. This confirms our primary scenario that the stock is in the final phase of the overarching gray wave II from the high of the magenta wave (B). This move should now be advanced to the green target zone between HK$7.80 and HK$4.12. With the low placed, the price should then move significantly higher.
Geely has great chance to reboundGeely (175.HK) has great chance to rebound. It shows strong support at the resistance level of 16.5. The impact of Nancy Pelosi visit to Taiwan is expected to be short-lived in Hong Kong market. We expect the acquisition of Meizu, a popular mobile brand by the parent of Geely will contribute to Geely automobile business. Reiterate with BUY.
GEELY AUTO Based on my technical view, Geely Auto (GELFY) will continue bullish despite the current economic situation.
Target: 100%
Geely Automobile Holdings Ltd 17 LongGeely Automobile Holdings Ltd 17 Long.
Maybe this is the lowest possible price.
HK 175 Geely auto Boom will soonGeely 175 HK is reaching Lowest area since 2020 Jun. 2020 May to June, highest volumes are there, It is very strong support. Good luck
Geely - Potential Bearish ContinuationCurrent price that is trading below the moving average and below the ichimoku cloud is indicating a bearish continuation.
Geely HKSE 175 buy opportunityBuy with the right price action @18 with a stop loss below 16 with a price target at 28.
GEELY AUTO Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
Geely Auto Cup and Handle Strong Buy ENG/DEIf Geely Auto closes above 29.65HKD in the next week, the cup would be completed with Henkel and would have Short-Term to Medium-Term a price target of 38.45 / 44.80 / 49.30 / 57.90 HKD
Over the long term (1-5 years), a price increase of up to 581.90HKD to 1493.90HKD would be possible.
The Geely Holdings has a joint venture with Daimler
DE
Wenn Geely Auto in der nächsten Woche über 29.65HKD schließt, wäre die Tasse mit Henkel abgeschlossen und hätte Kurzfristige bis mittelfristige ein Kursziele von 38.45 / 44.80 / 49.30 / 57.90 HKD
Übergeordnet wäre Langfristig (1-5 Jahre) ein Kursanstieg von bis zu 581.90HKD bis 1493.90HKD möglich.
Die Geely Holdings hat ein Joint Ventures mit Daimler
00175.HK consolidation breakoutThe bounce from the recent low is rather fast, expect a slight pullback to form a cup and handle before breaking out to new high.
I took off some positions at 27, hopefully can get it back around 25.
GEELY Longlong on 2 entries
1) 23.50 and below
2) 21.57 and below
uptrend on track
confluence form strong support
MA20 - 23.70
support line - 23.50
Short term uptrend line - 22.90
GEELY AUTO BUY/LONG NOW READY! 18.70 to Potentially 50.00TICKER CODE: 175
Company Name: GEELY AUTO
Industry: Hong Kong Stocks Consumer Durables Motor Vehicles
Position Proposed: BUY (20.55-18.70)
BUY ENTRY: READY (20.55-18.70)
1st Partial Take Profit: 39.00-40.00 (End 2021)
2nd Partial Take Profit: 50.00(Mid 2022)
Stop Loss: 15.90
Technical Analysis
1. FALLING MEGAPHONE PATTERN (PARTIALLY COMPLETED )
2. Break out from megaphone pattern
3. Fibonacci Retracement at 0.786(Scenerio 2)
4. Safest Take Profit will land equivalent to the key structure
and level 1 of Fibonacci Expansion Grey Zone which is also
equivalent to the pole length
5. 2nd Take Profit will land on level 2 of Fibonacci Expansion Blue Zone
Geely auto is facing bullish pressure Prices are approaching support in line with our ascending trend line, 61.8% retracement and 61.8% extension where we could see a bounce here.
Geely Auto is facing bearish pressurePrices are facing bearish pressure from our resistance in line with our fibonacci confluence levels where we could see a further drop below this level. Ichimoku cloud are showing signs of bearish pressure as well.
Cherish your life Please spend a minute or two and join me to pray for the family of Mr Wang Long. Read his story here
There are many compartments of our lives, depending on which stage we are in.
We have
Family
Health & wellness
Career
Hobbies/Interests
Spiritual
Finance
Community
The above is just a rough guide and you can slice and dice the way you want to run your life. While making money is important since we need a certain amount to sustain our lifestyle but it should not be overbearing and take over all areas of your life that lose focus on the other areas.
There is a chinese saying, when young , you have health but you did not take care of it and slog and toil and play , diminish its importance and when you aged, you have money but no health. Often, I see mens and womens in their 50s-60s on wheelchairs and some even begging on the streets.
Think of it this way - you can lose all your money and start over again but if you lose your life, that's it. Same as diversification in stocks strategy, we must also diversify our time into other important parts of our lives.
Yes, having losses is painful, having to pay off the debts is painful but to take one's life and leave the family behind is even more painful to bear. Where there is a will, there is a way , so we must exercise prudence in our investing/trading and not let it affects our lives too much.
What goes down must come up and what goes up will also come down. Like the four seasons, each has its time.
Ecclesiastes 3:1-22 ESV /
For everything there is a season, and a time for every matter under heaven: a time to be born, and a time to die; a time to plant, and a time to pluck up what is planted; a time to kill, and a time to heal; a time to break down, and a time to build up; a time to weep, and a time to laugh; a time to mourn, and a time to dance; a time to cast away stones, and a time to gather stones together; a time to embrace, and a time to refrain from embracing; ...
GEELY AUTO NEXT MOVEAn unknown friend asked me to put a chart on 'GEELY AUTO'
I can read any chart using NEO wave technique and able to plot the next move with timing.
Most important is I refuse to use any indicators rather HATE all kind of nonsense which will not give you any FORECAST.
ENJOY trade well
SELVAM.B.
Engineer ,,Trader,,,Analyst
GEELY in BUY ZONE 1Geely Automobile Holdings Ltd. is an investment holding company, which engages in the research, production, marketing and sale of sedans and related automobile components. It operates through the following geographical segments: People's Republic of China, Malaysia, Eastern Europe, Middle East, Africa, Central and South America, and Other Countries. The company was founded on January 1, 1973 and is headquartered in Hong Kong.
Waiting to trigger the Fib Entry PointExpected 175 will retrace to $20.15 at the Fibonacci 0.628 level and create an AB = CD pattern.
Entry Point: $ 26.6
SL 1: $ 24.45 ( MAX 8% SL)
TP 1 : $36.4 (Profit: 17%; RRR - 1:4.5)
TP 2 : $42.6 (Profit: 28.22%; RRR - 1: 7.5)
