CYberviRus
08-25

$XPeng Inc.(XPEV)$ $AMC Entertainment(AMC)$   share prices have formed a swing low in recent price movements.

Swing highs are points on a chart where the price of a security reaches a high point before falling back down, while swing lows are points where the price reaches a low point before rebounding. These highs and lows can be used to identify temporary trends reversal, as well as areas of support and resistance.

$Bilibili Inc.(BILI)$  share price has formed a bullish engulfing candle in recent trading session, indicating sign of strength. Their share prices are possible of moving higher.

$iQiyi Inc.(IQ)$  share price has formed a bearish engulfing candle in recent trading session, indicating sign of weakness. Their share prices are possible of moving lower.

Engulfing candle provide an approach for traders to enter the market in anticipation of a possible trend reversal.

$PDD Holdings Inc(PDD)$  

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Comments

  • zinglee
    08-29
    zinglee

    PDD staying quiet, but those engulfing candles on BILI and IQ are worth watching!

  • dimpy
    08-29
    dimpy

    XPEV and AMC finding some support at the lows, maybe a trend reversal coming soon?

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