Technical Pulse: Industrial & Commercial Bank of China Ltd

Source: stocksbnb.com
Past performance is not a reliable indicator of future performance

 

ICBC (HK: 1398) recent bullish rise is expected to continue despite a short correction in recently.

  1. Rising wedge formation suggests a bullish upward reversal ahead.
  2. Bullish engulfing strong closure above 50% retracement level of 81-5.45
  3. Price reacted at the area of demand, which confluence with the 50% retracement level.
  4. 22 SMA crosses above the 50 SMA which result in a bullish cross over.
  5. Stochastic oversold crosses signify a bullish return.

CHART LEGENDS
Moving Averages
Green dotted line = 22 Simple moving average 
Blue dotted line = 50 Simple Moving Average

 


China & Hong Kong Stock Market Outlook 2019 (Chinese)

中国与香港市场2019展望熊市是否已接近尾声?

2018年,中美贸易战一度成为新闻热点事件。投资者也在权衡贸易战的经济影响,不断调整投资策略。

在即将迎来的新的一年,投资者对中国与香港市场有什么期待?中国和香港股市还会进一步疲软吗?熊市是否已经接近尾声了呢?

欢迎收看辉立资本管理(香港)有限公司董事黄伟杰(Louis Wong)先生的投资讲座—-中国与香港市场2019展望——熊市是否已接近尾声?

演讲人

黄玮杰先生,董事

辉立资本管理(香港)有限公司

黄玮杰先生(Louis Wong), 人称【黄师傅】,现任辉立证券及辉立资本管理董事。从事证券业超过二十年,目前专责基金管理,起管理的资产超过十亿元。黄师傅连续三年荣膺香港电台普通话节目【最佳财经专家】,更连续七年获选为壹周刊【选股专家】之一,擅长评析宏观经济,为读者挖掘优质潜力股。

黄玮杰先生毕业于香港大学,见证了过去三十年香港股市每一个牛市和熊市,可谓实战经验丰富。他的选股原则非常严谨,要求对每个公司的基本数据进行详细分析研究,并定期进行公司探访,了解公司运营情况。个人著作有《炒股精叻》、《投资先知》及《股市是平的》;更为有线电视《交易所直播室》、新城财经台《继续开市》、《杰青新一代》、广东电台《财经927》、《每日港股攻略》节目担任主持/嘉宾;除辉立证券网站的定期股评文章外,并为《经济日报》、《明报》、《东方日报》、《雅虎财经》、《粤港直播》、《新报》、《经济一周》等媒体撰写专栏。

In 2018, the China-US trade war is a major topic that concerned all. Investors are also weighing the economic impact of the trade war, constantly adjusting investment strategies.

What is the expectation of investors about China and the Hong Kong markets in the upcoming new year? Will China and Hong Kong stock markets weaken further? Is the bear close to the end?

Louis Wong, Director of the Phillip Capital Management (Hong Kong) Ltd, shared more insights on recent seminar in Singapore.  Please view video above.

Learn more on investing in Chinese stocks and investing in Hong Kong stocks.

China Hong Kong Stock Market outlook 2019