Ping An No Longer the Safe Haven - Call for New Lows in Progress

Ping An Insurance (2318 HK) 1H18 Results: Unlisted Fin-Tech Subsidiaries Close to Breakeven

Tencent and Ping An Sliding Toward Our Bear Objectives

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

Ping An Insurance (H) / Technical Analysis

Buy call at 68.30 in our <a href="https://www.smartkarma.com/insights/ping-an-bear-wedge-call-for-new-lows" target="_blank" data-smartkarma-citation="insights:21457">Ping An Bear Wedge Call for New Lows</a> has worked well as a long pair to our Tencent short. This follow up insight outlines capitulation risk of re testing 68.30/00 with risk of new lows in line with the macro cycle sequence in the weekly structure.Clear pivot supports and downside targets are outlined.Multi-year view turns bullish above Ping An 80. Immediate resistance has rejected the current rally.External factors and fund positioning a key risk in September-October ahead of a late year recovery.

Buy call at 68.30 in our Ping An Bear Wedge Call for New Lows has worked well as a long pair to our Tencent short. This follow up insight outlines capitulation risk of re testing 68.30/00 with risk of new lows in line with the macro cycle sequence in the weekly structure.Clear pivot supports and downside targets are outlined.Multi-year view turns bullish above Ping An 80. Immediate resistance has rejected the current rally.External factors and fund positioning a key risk in September-October ahead of a late year recovery.

Ping An Long Pair Working - Risk of New Lows