Last retracement?

last retracement at this level seem have finished... good bye

尋底? bottoming?

本年4月向友人提出以16.5或SAR(DAILY)為止蝕, 當時股價剛升到18.X的最高位, 我提出8050走勢會似BITCOIN, 不斷向下尋底. 可喜友人只蝕數千, 不致慘敗, 因友人早前聽信消息此股可爆升至22元以上, 不過我一直持保留意見. 若持貨至今, 可蝕數以萬計.

883, 939 20140625

 a recent high reached 0.618, good gain-loss ratio for entry, target 13.1->12.5
Remarks: range for fibo. needs not to be the previous whole swing, more important is different level of fibo. are respected by its internal structure, e.g. top or bottom rest on fibo ratio., it respected once, it will respect one more; twice, two more, etc.






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 939 nearly touches the downtrend of weekly closing prices, its internal structure quite respects fibo.
very bearish should see a double bottom around 4.7-4.9, at the moment just for around 5.25-5.27


a closer look of fibo being respected.
(I hid the green diagonal on purpose...)

883 td 20140619

today, we could be seeing a top (today's high now is 14.26)
I wrongly guess it will reach bottom before reaching this high level... anyway
(upper trend line amened)

USD-CNY 20140611

never above 6.2840, this time...

1928.hk 20140610 diamond pattern

nothing is as obvious as this one,
bar sequence: 1st bar, outside, outside, inside, inside... crazy!
everyone trading during the period were trapped...



more than that, it broke downward...

939 td channel 20140606

expecting a mild pull-back... this stock is more easily or perfectly fit into fibo than 883, maybe just my mis-understanding

883 20140606

expecting a  short-term pull-back ... either of the time

 longer term, expecting a quick surge after the above mentioned pull-back, weekly should close around, or perfectly below, an important weekly bot overlapping a fibo@.764

a clearer pic. showing the trendline forming a resistance for weekly closing prices... of course, sometimes it jumped higher than the line for a short while...

700 vs hsi 2003-2009

end of trend? start of trend?

both trend of 700 & 1928 look familiar, quite similar to hsi in 2003-2007 period.

using semi-log chart could provide a better "picture"...

(Updated on June 8th)

this kind of topping pattern is commonly called 'diamond top pattern', pls refer to investopedia for more detailed explanation