VMware is on my watchlist for some time. Tech company with bright future prospects seems to be bottoming and getting ready to bounce. While Elliott Wave pattern is complete I see positive signs from technical analysis perspective as well.
Overview
This was tought week for Hang Seng. While SSEC rallyed HSI stayed mixed all the week. I see clear channel with strong resistance and support. Recently China took steps Wednesday to freeze regulated prices of energy and other utilities, in a bid to combat inflation exacerbated by soaring global crude oil prices (Read full article at MarketWatch.com). This made energy stock to decline. On friday Asian markets ended sharply lower as a news report on additional write-downs by Merrill Lynch reignited fears related to subprime mortgages.
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LDK is displaying very positive signs and in my opinion is ready to launch higher. Stock is ready to enter major wave 3.
This company has very popular keywords - China and Solar. In recent half year this stock was a wining 3 time bagger and now it is 2 times looser . What do i expect from this stock tomorow?
Baidu.com is the leading Internet search provider in China. Strong fundamentals and outstanding growth can drive BIDU well over today price, but don’t you think that investors already calculated it into stock price?
Even nowadays, then most China companies are exploding (especially stock prices), we may find really hidden gems that are worth a closer look. While wave count displays some cautions it’s ready for your watchlist.
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The leading consumer electronics products giant got my attention. This year was very impressive for AAPL and made huge gains. Elliott wave teory uncovers future of this leading market player.
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