Technical Analysis / Chartered Market Technician, The Markets Academy

David Coloretti, CMT

David Coloretti is a Chartered Market Technician (CMT) and a full member of the Market Technicians Association of New York. David is the Managing Director of The Markets Academy Pty Ltd (TMA), an independent research firm based in Australia.

TMA delivers a technical analysis / strategy subscription service in G10 and Asian financial markets, primarily to Asia's leading hedge funds and banks. Technical analysis of individual stocks and Cryptocurrency markets is delivered exclusively via SmartKarma. 

TMA implements 2 strategies. 1) Tactical ... Trend Sustainability Score (TSS) allows TMA to identify exhaustion / reversal points in interim trends by utilising our proprietary analysis of ST momentum indicators. 2) Medium Term ... our 3 Pillars approach to technical analysis allows TMA to determine high probability medium term outcomes in markets.

David's career spans 30+ years as a technical analyst across senior trading, sales and strategy roles. Prior to establishing TMA in 2013, David worked for BP, Credit Suisse, Citi, Barcap and RBS in Australia and Singapore.

The Markets Academy Pty Ltd is regulated by the Australian Securities and Investments Commission and holds an Australian Financial Services License (AFSL 431904).

Technical Analysis / Chartered Market Technician

Tencent Holdings Ltd (700 HK) - Critical Weekly Close Awaits - 302/330 Buy Zone Achieved in May

Hang Seng CEI (HSCEI) - Pending Confirmation of Bullish Breakout and Textbook 7770/80 Q2 2023 Target

Hang Seng CEI (HSCEI) - Is Q1 2023 a Correction that Mirrors the Correction of Q1 2009?

[Tencent (700 HK, BUY, TP HK$433) Earnings Preview]: Still a BUY, but Not Our Top Pick

The Markets Academy

TMA implements 2 strategies. 1) Tactical ... Trend Sustainability Score (TSS) allows TMA to identify exhaustion / reversal points in interim trends by utilising our proprietary analysis of ST momentum indicators. 2) Medium Term ... our 3 Pillars approach to technical analysis allows TMA to determine high probability medium term outcomes in markets.

Technical Analysis

<ul>
<li>At TMA we deliver high probability outcomes by focusing on our 3 pillars of technical analysis. •1) Response to key levels. •2) Price action. •3) Momentum confirmation.</li>
<li>Since peaking in January 2023, Tencent Holdings Ltd (700 HK) has produced a meaningful ABC correction that is yet to confirm its completion.</li>
<li>We anticipate the correction confirming a MT bottom in the 302/330 range, ahead of a renewed multi-month uptrend. Our bullish multi-month target at 451.95 remains firm. </li>
</ul>


At TMA we deliver high probability outcomes by focusing on our 3 pillars of technical analysis. •1) Response to key levels. •2) Price action. •3) Momentum confirmation.
Since peaking in January 2023, Tencent Holdings Ltd (700 HK) has produced a meaningful ABC correction that is yet to confirm its completion.
We anticipate the correction confirming a MT bottom in the 302/330 range, ahead of a renewed multi-month uptrend. Our bullish multi-month target at 451.95 remains firm. 


Hang Seng China Enterprises Index (HSCEI INDEX)

Tencent Holdings Ltd (700 HK) - Q2 2023 Correction Presents a MT Buying Opportunity at 302/330