[Zannn]

Therr are many layers to a trick.
A superposition of multiple technical factors  some traders try to do one thing while others do another....

Gjve the trade sufficient time and some.room before cut loss.

USD will crash yr long dude

[sgbuffett]

USD will crash yr long dude

Are you sure?? Plse check.

USD has been moving down and HSI up since my purchase trade at 23450

[sgbuffett]

I am jn for a LONG trade.

HSI is up 260pts from where i bought.
Most pros are watch a very important level from the longer term chart. 

Question on everyone's mind is tthis recent selldown is a blip for the super bull run of HSI or this is a bear market rally like the last 3 before it?

Many previous bear market rally formed a sharp peak and collapsed rapidly down.

Every rally attract short term riders who will offload once the carnival ride is over. The difference between a bear market rally and a secular bull is how many long term jnvestors stay on for the ride and are will tk join the ride. Fundamental factors and shifts determine this

[sgbuffett]

USD drops.

HSI rises


Expect this correlation to hold until a fundmental shift.

[Zannn]

Are you sure?? Plse check.

USD has been moving down and HSI up since my purchase trade at 23450

Sgbuff come out tell us u cut loss arrr

[Zannn]

Market knows how to trick pros like sgbuffett. Clear 23450 and sell down

What is market trying to do??

[Zannn]

Are you sure?? Plse check.

USD has been moving down and HSI up since my purchase trade at 23450

Sgbuffett yr fav support, 5500 break arrr. U better cut loss run road

Pros like sgbuffett did not see this big bear. It’s big

[sgbuffett]

Sgbuffett yr fav support, 5500 break arrr. U better cut loss run road

Pros like sgbuffett did not see this big bear. It’s big

If its a real bear i will short.if its a few trick moves lets see how its played out could be bad or not that bad.

[Zannn]

Sgbuffett yr fav support, 5500 break arrr. U better cut loss run road

Pros like sgbuffett did not see this big bear. It’s big

By the time sgbuffett and his pros notice the big bear, it’s when u hit yr cut loss.

[sgbuffett]

Over the  friday the Dow and Nasdaq plunged causing Chunese ADR to sink and subsequent selloff kn HK market.

However during the weekend the Chinese govt injected 500B yuan into the banks by buyinb bank placements at a premium.

This news is significiant kn 2 levels th premium over the majrket price shows they are mindful of the market...most placements at discounts. 2nd is they have atarted liqduidoty injection into the systen.

Not sure if the market is disteacted or just reacting to the pljnge in US makret first....but this news is quite big and has big implcations.

[sgbuffett]

Volatile swings on the marlet as traders dump of fears of trade war.

[Zannn]

By the time sgbuffett and his pros notice the big bear, it’s when u hit yr cut loss.

Sgbuffett got trigger cut loss liao. Told u big bear early u don’t cut

[sgbuffett]

Weak recivery of HSI after lunch. Ususlly 90% of such recoveries peak and selldown before 130pm.

Pro traders who have long positions willl get out at the peak before 130pm

[sgbuffett]

Weak recivery of HSI after lunch. Ususlly 90% of such recoveries peak and selldown before 130pm.

Pro traders who have long positions willl get out at the peak before 130pm

As expected peaked is formed before 130pm and market continues selldown

[WhatDoYouThink!]

Traders really paimia, got to monitor market hourly (now 2m?). No wonder so stressed and no progress for 15 yrs

[Zannn]

As expected peaked is formed before 130pm and market continues selldown

Sayonara to yr long at 23450 bro

[sgbuffett]

Sayonara to yr long at 23450 bro

All traderd have to deal with positions to protect profits and limit losses.

Because of difference in risk appetite they use different methods.

[sgbuffett]

W formation in HS Tech...needs to clear 5460 for a big upside
...if it breaks 5400 ...it will be bad..



The **W chart formation**, also known as a **double bottom**, is a bullish reversal pattern that appears at the end of a downtrend. It signals a potential shift from bearish to bullish momentum. Here’s its significance in trading:

### **Key Features of a W Formation (Double Bottom):**
1. **Shape:**
- The price forms **two distinct lows** (near the same support level) with a **moderate peak (neckline)** in between.
- Resembles the letter **"W"**.

2. **Occurrence:**
- Forms after a **prolonged downtrend**.
- The second bottom often has **lower volume**, indicating weakening selling pressure.

3. **Confirmation:**
- The pattern is confirmed when the price **breaks above the neckline** (resistance level between the two bottoms) with **increased volume**.

### **Significance in Trading:**
1. **Bullish Reversal Signal:**
- Indicates that sellers are exhausted, and buyers are stepping in.
- Suggests a potential **trend reversal** from down to up.

2. **Price Target Estimation:**
- The minimum expected upside move is roughly equal to the **distance from the bottoms to the neckline** projected upward from the breakout point.
- *Example:* If the bottoms are at **$50** and the neckline is at **$60**, the target would be **$70** ($60 + $10).

3. **Stop-Loss Placement:**
- Traders often place a stop-loss **below the second bottom** to limit risk if the reversal fails.

4. **Volume Confirmation:**
- A valid breakout should be accompanied by **higher trading volume**, increasing reliability.

### **Variations & Considerations:**
- **Triple Bottom:** Similar but with three lows instead of two (stronger confirmation).
- **Failed W Pattern:** If the price breaks below the second bottom instead of rising, it becomes a **bearish continuation** signal.
- **Timeframe Matters:** W patterns on **higher timeframes** (daily/weekly) are more reliable than shorter ones (intraday).

### **Trading Strategy Example:**
1. **Entry:** Buy when price breaks above the neckline with strong volume.
2. **Target:** Neckline + (Neckline - Bottom Low).
3. **Stop-Loss:** Just below the lowest point of the W.

### **Conclusion:**
The W formation is a powerful bullish reversal pattern that helps traders identify potential buying opportunities after a downtrend. Proper confirmation (breakout + volume) and risk management (stop-loss) are crucial for successful trades.

Would you like an example from a real stock chart?

[sgbuffett]

[sgbuffett]

HS Tech 2 attempts to clear 5500...3rd try soon should succeed.

[Zannn]

HS Tech 2 attempts to clear 5500...3rd try soon should succeed.

Sgbuffett confident it cleared but crash straight after. Wipe out pros like sgbuffett again??

[Zannn]

HS Tech 2 attempts to clear 5500...3rd try soon should succeed.

Sgbuffett you and pros got trick and hit stop loss again?

[Zannn]

W formation in HS Tech...needs to clear 5460 for a big upside
...if it breaks 5400 ...it will be bad..



The **W chart formation**, also known as a **double bottom**, is a bullish reversal pattern that appears at the end of a downtrend. It signals a potential shift from bearish to bullish momentum. Here’s its significance in trading:

### **Key Features of a W Formation (Double Bottom):**
1. **Shape:** 
  - The price forms **two distinct lows** (near the same support level) with a **moderate peak (neckline)** in between.
  - Resembles the letter **"W"**.

2. **Occurrence:** 
  - Forms after a **prolonged downtrend**.
  - The second bottom often has **lower volume**, indicating weakening selling pressure.

3. **Confirmation:** 
  - The pattern is confirmed when the price **breaks above the neckline** (resistance level between the two bottoms) with **increased volume**.

### **Significance in Trading:**
1. **Bullish Reversal Signal:** 
  - Indicates that sellers are exhausted, and buyers are stepping in.
  - Suggests a potential **trend reversal** from down to up.

2. **Price Target Estimation:** 
  - The minimum expected upside move is roughly equal to the **distance from the bottoms to the neckline** projected upward from the breakout point. 
    - *Example:* If the bottoms are at **$50** and the neckline is at **$60**, the target would be **$70** ($60 + $10).

3. **Stop-Loss Placement:** 
  - Traders often place a stop-loss **below the second bottom** to limit risk if the reversal fails.

4. **Volume Confirmation:** 
  - A valid breakout should be accompanied by **higher trading volume**, increasing reliability.

### **Variations & Considerations:**
- **Triple Bottom:** Similar but with three lows instead of two (stronger confirmation).
- **Failed W Pattern:** If the price breaks below the second bottom instead of rising, it becomes a **bearish continuation** signal.
- **Timeframe Matters:** W patterns on **higher timeframes** (daily/weekly) are more reliable than shorter ones (intraday).

### **Trading Strategy Example:**
1. **Entry:** Buy when price breaks above the neckline with strong volume.
2. **Target:** Neckline + (Neckline - Bottom Low).
3. **Stop-Loss:** Just below the lowest point of the W.

### **Conclusion:**
The W formation is a powerful bullish reversal pattern that helps traders identify potential buying opportunities after a downtrend. Proper confirmation (breakout + volume) and risk management (stop-loss) are crucial for successful trades. 

Would you like an example from a real stock chart?

A nice W formation spotted by sgbuffett

[Zannn]

Sgbuffett got trigger cut loss liao. Told u big bear early u don’t cut

Sgbuffett big bear did u see?

[sgbuffett]

Chjna A50 shows the flag formation on its monthly chart.
Despite the tariff shock today it was down 200pts and reverse and looks like it will close flat after the beating.

The stretch of a few months it held on despite bad news and now trade war.

The A50 will take off soon on the upside given it has absorbed a whole range of bad news over last few months.

[Zannn]

Sgbuffett big bear did u see?

Sgbuffett how big this bear is u feel it? How’s yr call to long at 5500 doing now?

[Zannn]

Sgbuffett yr fav support, 5500 break arrr. U better cut loss run road

Pros like sgbuffett did not see this big bear. It’s big

Sgbuffett big or not?

[Zannn]

Sgbuffett big bear did u see?

Sgbuffett think China will be spared from the rout? See how big is the bear, even Hsi also drop as deep

[Tee tiong huat]

Today market is very very red.

[sgbuffett]

HS Tech might have formed a bottom

Risky but i have started buying