Weekly Technical Analysis #700 #TENCENT #XPEV #AMC

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$AMC Entertainment(AMC)$ 

Price played out beautifully as analyzed last week, giving us a 60% drop in price since I last posted. Price left a massive gap at 13.05 and I'm expecting a bullish retracement back up before we can see a continuation to the downside.

https://www.tradingview.com/chart/AMC/1RzeYdA9-AMC-Analysis/

$XPeng Inc.(XPEV)$ 

Price played out beautifully as analyzed in the previous weeks. My first analysis on 21 July call for a decrease in price to take the selling climax at 18.01, at 30% drop in price so far. Currently price is very near the selling climax at 18.01. However, it's good to note that price has already grabbed sell-side liquidity. We could see a potential retracement up before we take the lows at 18.01.

https://www.tradingview.com/chart/XPEV/1R9XfFcu-XPEV-Analysis/

$TENCENT(00700)$ 

Price has played out as my last analysis. Price is currently mitigating the bearish POI at 321.0. On its way up, it created sell-side liquidity. Right now we should keep a lookout on the lower timeframe for confirmation to see if price wants to continue upwards. From here, the most probably move will be a bearish retracement to take out the sell-side liquidity.

https://www.tradingview.com/chart/700/t9A16N3K-700-Analysis/

Let me know if you agree and what you think.

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  • Snoopymint
    ·2022-08-27
    Great one :) have a good weekend
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    • Keeley
      👍
      2022-08-27
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  • RobinChanKH
    ·2022-08-27
    joined the telegram group
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    • Keeley
      glad to have you in!
      2022-08-27
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  • luckyjas
    ·2022-08-27
    good read
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    • Keeley
      thank you
      2022-08-28
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  • Metatera
    ·2022-08-27
    thanks for sharing!
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    • TyroneTy
      [Smile]
      2022-08-27
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  • Tan79
    ·2022-08-27
    thanks for sharing 🙂
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  • Cory2
    ·2022-08-27
    I think you’re probably on the money with Tencent. Unfortunately it’s one in my small portfolio 🤦‍♀️😌
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  • Matrix Rev
    ·2022-08-27
    when you analyse the chart put in s/r lines. Otherwise the chart look boring.
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  • GerryLoh
    ·2022-08-27
    good sharing thanks
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  • AngelineLim
    ·2022-08-27
    thanks for sharing
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  • PandoraHaggai
    ·2022-08-28
    Among these stocks, Tencent's fundamentals are the most excellent.
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  • MortimerDodd
    ·2022-08-28
    XPENG's financial numbers are a bit disappointing.
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  • Moon8688
    ·2022-08-27
    thanks for sharing 😊
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  • 叫我發先生
    ·2022-08-29
    Heng heng, pls give me a like
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  • DonnaMay
    ·2022-08-28
    How long can Tencent's rally last?
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  • HilaryWilde
    ·2022-08-28
    AMC's recent performance has been too weak.
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  • BellaFaraday
    ·2022-08-28
    When will AMC make up the shortfall?
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  • acjk
    ·2022-08-27
    good sharing thank you
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  • BlogArca
    ·2022-08-27
    Thanks for sharing
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  • 苗派
    ·2022-08-27
    Okay. All down 😊
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  • 5D1T2
    ·2022-08-30
    ok
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