Oriental Watch (398 HK): Conditional Partial Offer

Oriental Watch: Forget the Tender, Management Is Bullish and Dividends to Accelerate

Oriental Tactical Hurdles with Macro Bullish Pattern

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/oriental-watch-holdings" target="_blank" data-smartkarma-citation="entities:19950:1" rel="noopener">Oriental Watch (398 HK)</a> has been caught in a sideways range since gapping higher and that gap will act as solid support to propel OW toward macro rally objectives. A new and higher trading range is expected to develop.2.05-2.25 gap zone is the ideal buy support area or on a break above 1.65 resistance. An a-b-c corrective flat is taking shape that is a bullish set up.Trendline and price support meet at 2.25.Macro targets are outline in our chart from early September.

Oriental Watch (398 HK) has been caught in a sideways range since gapping higher and that gap will act as solid support to propel OW toward macro rally objectives. A new and higher trading range is expected to develop.2.05-2.25 gap zone is the ideal buy support area or on a break above 1.65 resistance. An a-b-c corrective flat is taking shape that is a bullish set up.Trendline and price support meet at 2.25.Macro targets are outline in our chart from early September.

Oriental Watch Gap Support and Then Higher