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

Alibaba Group Holding Ltd (9988 HK) - Initial Upswing Is Correcting Lower – Testing Key MA Support

China Overseas Land & Investment Ltd (688 HK) - Large Base in 2021/2022 - Material Upside in 2023

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

Tencent Holdings Ltd (700 HK) - Bullish Multi-Month Outlook - Target 450+ (+20-25%)

Alibaba Group Holding Ltd (9988 HK) - Charts Imply Another 20-25% Upswing

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

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>XPeng Inc (9868 HK) has this week broken above the falling wedge pattern that captured its Dec/Mar correction. The bullish trend breakout in the weekly RSI confirms the uptrend bias. </li>
<li>Wedge patterns are commonly referred to as “Half Mast” patterns. They typically occur in the middle of trends, making textbook targets easy to calculate. Target 56.10 (+29%) in Q2 2023.</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.
XPeng Inc (9868 HK) has this week broken above the falling wedge pattern that captured its Dec/Mar correction. The bullish trend breakout in the weekly RSI confirms the uptrend bias. 
Wedge patterns are commonly referred to as “Half Mast” patterns. They typically occur in the middle of trends, making textbook targets easy to calculate. Target 56.10 (+29%) in Q2 2023.


Hang Seng China Enterprises Index (HSCEI INDEX)

XPeng Inc (9868 HK) - Bullish Technical Triggers Confirm MT Uptrend - Target 25-30% Upswing