Morning Views Asia: China Aoyuan Property, Guangzhou R&F Properties, Jingrui Holdings

Evergrande (3333 HK) : They're Doing It Again.  And This Time It Could Have Legs

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<a href="https://www.smartkarma.com/entities/evergrande-real-estate-group-limited" target="_blank" rel="noopener" data-smartkarma-citation="entities:479:1">Evergrande Real Estate Group (3333 HK)</a> clearing 14 resistance will not act as support and supports the buy back note by <a href="https://www.smartkarma.com/profiles/travis-lundy" target="_blank" rel="noopener" data-smartkarma-citation="accounts:25">Travis Lundy</a> on Evergrande published yesterday <a href="https://www.smartkarma.com/insights/evergrande-3333-hk-they-re-doing-it-again-and-this-time-it-could-have-legs" target="_blank" rel="noopener" data-smartkarma-citation="insights:39044">Evergrande (3333 HK) : They're Doing It Again.  And This Time It Could Have Legs</a> .The webcast below outlines the intraday breakout with volume and how the 14 level will act as support and a pivotal risk level. The trade is from the lower 14 zone for a push to close the March 13 gap which must be clear to challenge the target zone just near 16.Macro remains bearish once this tactical c-wave push terminates.

Evergrande Real Estate Group (3333 HK) clearing 14 resistance will not act as support and supports the buy back note by Travis Lundy on Evergrande published yesterday Evergrande (3333 HK) : They're Doing It Again.  And This Time It Could Have Legs .The webcast below outlines the intraday breakout with volume and how the 14 level will act as support and a pivotal risk level. The trade is from the lower 14 zone for a push to close the March 13 gap which must be clear to challenge the target zone just near 16.Macro remains bearish once this tactical c-wave push terminates.

Evergrande

Evergrande Rally Target