Meituan Dianping & Nio Inc:  The Definitive EM Underweights

Meituan (3690 HK): 3Q21, Record Loss, But Will Beat Small Companies in Community Group Purchase

Meituan: Major Overhang Cleared After $534m Fine

Meituan Fined RMB3.44bn; Expect Short-Term Gains with Positive Shift in Sentiment

Meituan (3690): Positive Signal from Tax Bureau After Negative News from Market Bureau

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

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

<ul>
<li>Meituan is a sell at the top of the rising wedge ahead of a key support break. 300 and 320 sell points with tactical pivot supports stand out.</li>
<li>Buy volumes have been deteriorating on the way up, creating a false sense of security for the bulls while showing underling weakness/risk as the rising wedge matures.</li>
<li>RSI wedge support is the lead pivot to monitor. Rising wedge's form when upside momentum and buy volumes wilt as the long becomes crowded.</li>
</ul>


Meituan is a sell at the top of the rising wedge ahead of a key support break. 300 and 320 sell points with tactical pivot supports stand out.
Buy volumes have been deteriorating on the way up, creating a false sense of security for the bulls while showing underling weakness/risk as the rising wedge matures.
RSI wedge support is the lead pivot to monitor. Rising wedge's form when upside momentum and buy volumes wilt as the long becomes crowded.


Meituan

Meituan Short Zone