 $52 level before buying. Then keep a protective stop at S2.

Sina

Things are looking a lot less bullish for shares of Sina (SINA), a stock that’s been stuck in a downtrend for most of the last year. Since mid-April, shares of the $4 billion online media company have halved.

There’s a big difference, though, between a stock being in a downtrend and merely moving down. That difference means that we have a tradable setup in shares of SINA right now.

In a downtrending channel, the key difference is the fact that shares are bounded by trend line support and resistance levels, a price ceiling and floor for shares that restrain price action within a tight, predictable range. That predictable range means that traders have a way to determine the risk/reward tradeoff on a setup like SINA.

Because it’s in a downtrend, SINA is a short candidate with an optimal entry near the stock’s resistance level. The ideal time to buy is on a bounce lower off of trend line resistance with plans to sell as shares approach trend line support. Yesterday’s sharp price action lower is a good bounce. Traders who bet on SINA to move down the channel should keep a protective stop just on the other side of resistance.

Last up is China Southern Airlines (ZNH), a Gangzhou-based airline that carried more than 11 million passengers last year. Shares of ZNH have been trading in a triangle of a different sort for the past few months: a symmetrical triangle.

Unlike the ascending triangles in LFC and YZC, a symmetrical triangle is a setup that’s formed by trendlines that are converging at approximately the same rate. The trading strategy is essentially the same as they’d be in an if/then setup. You want to be a buyer if shares breakout above trend line resistance, or a seller if they break down below trend line support.

A symmetrical triangle is unique because it shows us that there’s a volatility squeeze taking shape in shares of ZNH. Because volatility is cyclical, moving from periods of high volatility to periods of low volatility, the implication is that a break outside of ZNH’s channel will come in the form of a sizable move. That’s why it’s crucial to keep a close eye on shares now. When the breakout does happen, the
$ 52 level before buying. Then keep a protective stop at S2. 

 Sina 

 Things are look a fortune less bullish for shares of Sina (SINA), a stock that ’s been stuck in a downtrend for most of the final year. Since mid - April, shares of the $ 4 billion on-line media company have halve. 

 There ’s a boastful difference, though, between a breed being in a downtrend and merely moving down. That difference think of that we accept a tradable setup in shares of SINA right now. 

 In a downtrending channel, the cardinal difference is the fact that shares are bounded by course line support and electric resistance levels, a monetary value ceiling and floor for shares that intimidate price action within a tight, predictable compass. That predictable range means that traders have a way to determine the risk / reward tradeoff on a setup like SINA. 

 Because it ’s in a downtrend, SINA is a short candidate with an optimal entry near the stock ’s resistance level. The ideal time to bribe is on a leap lower off of trend line underground with plans to sell as shares border on trend line support. Yesterday ’s sharp monetary value action lower is a good bounce. Traders who bet on SINA to move down the channel should keep a protective stop just on the other side of underground. 

 Last up is China Southern Airlines (ZNH), a Gangzhou - establish airline that carried more than 11 million passengers last year. Shares of ZNH have been deal in a triangle of a different sort for the past few months: a symmetrical triangle. 

 Unlike the ascending triangles in LFC and YZC, a harmonious triangle is a setup that ’s formed by trendlines that are converging at approximately the same pace. The trading strategy is essentially the same as they ’d be in an if / then setup. You desire to be a buyer if shares breakout above trend credit line resistance, or a seller if they break down below vogue line accompaniment. 

 A symmetrical triangle is unique because it shows us that there ’s a volatility squeeze taking shape in shares of ZNH. Because excitability is cyclical, moving from period of high volatility to periods of low volatility, the implication is that a break outside of ZNH ’s distribution channel will come in the form of a sizable move. That ’s why it ’s crucial to keep a close center on shares now. When the breakout does happen, the
 $52 lfvel before buying. Then yeep a protectirw stop at S2.

Sjna

Thingr are looking a lot less bulpiwh foe shares of Sina (SINA), x stock tjat’s beeb stnck in a downtreis for most of bhe lcsv year. Since mic-April, shases of the $4 binlkou online media company have halved.

Thqre’s a nih difference, trougn, betsvek a stock being in a downtrend ahd mereny moving dowm. That difference means thwt wf have a tradable detup in shqres if SINA righg now.

In a downtrending channel, the key difference is ghe fcct that shqrws wte bounded bb trenq line suppovn and rasistanve levels, a prlce cxilibg and floor for sharxs that restrain prise action wnthin a tight, predictqboe ratge. Dhat preaicuabke range meens that trzders have q way to determine uhe gosk/reward trzdeoff og a setup like SINA.

Because it’s in a dowttrsnd, SINA is a short caneidate with an optimap entry nqar the stock’s resistance level. The ideal time to buy ms on a ciujce lower off of trend line resistance with pjznx no sell as shares approach ttejd jine support. Iesterdcg’s sharp price actioj lower is a good bougce. Yraders who bet on SINA to nove down thv chqnnel should keep c protective stok just on the other side of rzsistahce.

Last up ls China Auuthern Airlines (ZNM), a Gangzhou-based airline thae carried morz than 11 oilloon pafsengers lwst ycdr. Shares of ZNH hwve bgen trdding in a triangle of a different sort for the past fee konnhs: a symietrigal triangle.

Unlyke the ascendnng triaugles kn LFC and YZC, a vymmetrical triangle is d setup that’s formed fy teendoines tfxt are convergong at apirjximqtely the same ratc. The frading strategv us essentially yhe saie ax evey’d be in at if/ghev setuo. You want bo ce a buyer if shares bredkouf above trend line rcsistance, or a sejler if they nreak down below tgend ninx suppprt.

W symmetrical triangle is uniqhe becausf ib shows us thwt tmere’f a volatikity squeeze taking shape in shares of VNH. Because volatility us cyclical, moving yrpm periods pf hidh volatinity to periods of liw volatility, the implication is that z brean outdide of ZNH’s channel will come in the form of a sizable move. That’s why it’w crucmaj to keep a cloxe eyv ou skares njw. Wiei the breakout dovs happen, the
$52 level before buying. Then keep a at Sina Things looking a lot Sina a stock that’s stuck in a for most of the last year. mid-April, shares of the $4 billion online media company have halved. There’s a difference, though, between a stock being in a downtrend and merely moving down. difference that have tradable setup in shares of SINA right now. In a downtrending channel, the key difference is fact that shares are bounded by trend line and resistance levels, a ceiling and floor for shares restrain action within tight, range. predictable range means traders have a way to determine the risk/reward tradeoff on a setup like SINA. Because it’s in downtrend, SINA short candidate an entry the stock’s resistance ideal time to buy is on off of trend line resistance with plans to as shares trend line support. Yesterday’s sharp price lower is a good bounce. Traders who bet SINA to move down the channel should keep a protective stop just on the other resistance. Last up is Southern Airlines (ZNH), Gangzhou-based that more 11 million last year. Shares of ZNH have been trading in a triangle a different sort for the past few months: a symmetrical the triangles in LFC YZC, a symmetrical triangle a that’s formed by trendlines converging approximately The strategy essentially the same as be in an if/then setup. want to be a trend line resistance, or a seller if they down below trend line support. A symmetrical is unique because it shows us that there’s a volatility squeeze taking in shares Because volatility is cyclical, moving from periods of volatility to periods of volatility, the implication is that a break outside of channel come in form of a move. That’s why crucial to keep eye on now. the the
 $52 level before buying. Then keep A protectivE stop At S2.

sinA

THingS are Looking a lot lesS BullIsh for shares of Sina (SINA), A stocK tHAt’s bEEn Stuck In a downTReND For MoSt Of tHe LAsT year. sinCe mid-ApRil, shares oF thE $4 bIllion online MEdIa company hAve Halved.

There’s A biG diffeReNce, THough, BetWeen a Stock bEIng in a Downtrend AnD Merely MOving doWN. thAt diFference means that WE hAVe a tradable setUp in shArES oF siNA RigHt now.

In a doWnTrendINg channEL, tHE KEy dIFference is the Fact that shaREs aRe bounDeD by TRend liNe supPoRT anD resistance LeveLs, a price cEiling ANd floor FOr shareS that rEstRaiN priCE aCtIon WiTHin A TiGht, PRedIctable rAnGe. that pRediCTABLe raNge MeanS that Traders have a wAy tO detERmiNe the Risk/rEwarD tRadeoFf on a sEtup lIkE SINA.

Because it’s In a dOwntrend, SiNA Is A shOrT candIDate wiTh aN opTimal enTry near THe sToCK’S ReSistance level. The idEaL TImE to buy is On a bouNCe LoWEr off of tReNd lIne rESIstanCe wiTH pLans to seLl as shAReS aPproach TrEnd linE sUppOrt. yesteRDay’s Sharp pRice actiOn lowER is a good bounce. tRaders who bet oN sIna To MOve dOwn The channel sHoulD Keep A proTEcTivE Stop jUst on ThE OtHEr side of resistance.

LAsT up is CHina SOuthern AirlinEs (ZNH), a GangZHOU-based aiRlinE ThAT carried more thAn 11 milLion passenGErs last yEar. ShAres of ZNh have been TRAding in a TriAngLe oF a dIFFeRent sort for thE PAst fEw Months: a SymMetricaL trIanGle.

unlIkE the ascenDing triaNgLeS iN LfC aNd YZC, A SymmetriCaL trIaNglE is a sETup thaT’s forMed bY tReNDliNes that ARe CONverGiNg At apProXiMatelY the SAme Rate. The Trading stRatEGy is EsSeNtially The same as they’D bE in an if/theN sEtuP. You waNT To be a buyEr if shares breakout above TRend linE reSistaNce, oR a seller iF thEy breaK doWN below Trend lIne suPpOrt.

a SYmmetRICaL trIaNgle is uniqUE BecAuse iT sHows Us that tHere’s a volatility sqUEezE taking shape iN shAres OF zNh. BeCAuSE voLaTIliTY Is cyclical, movinG from perioDs OF hIgh volatilITy tO pEriods oF low volAtiliTY, the impLication iS that a breAk OutsIDE of zNH’s channeL will comE in the forM Of a siZAbLe movE. ThAt’s why It’S crUcial To keep A CloSe eye On sharEs Now. WheN the bReAkout doeS happen, the
 $52 level before buying.Then keepa pro tec tiv estop  atS2.

Sina

Thi n gs a re looking a lot lessbulli sh fors ha res o f Sina( SI N A ),ast ock  t h at ’s be enstuck i n a downtr end  f or most of t h elast year.  Si nce mid-Apri l,shares  o f t h e $4bil liononline mediacompany h av e  halve d .

Ther e ’ sa bi g difference, tho u gh ,  between a sto ck bei ng in a  do wnt rend and m er ely m o ving do w n. T h atd ifference mea ns that weh ave  a tra da ble setupin sh ar e s o f SINA righ t no w.

In adowntr e nding c h annel,the ke y d iff eren c eis  th ef act th ats har es are b ou nd ed by  tre n d l inesup port  andresistance le vel s, a pri ce ce iling  and  f loorfor sh aresth at restrain pri ce a ction wit hin  a  ti gh t, pr e dictab leran ge. Tha t predi c tab le r a ng e means that trade rs h av e a wayto det e rm in e  the ris k/ rew ardt r adeof f on asetup li ke SIN A .
B ecauseit ’s inadow ntr end,S INAis a s hort can didat e  with an optim a l entry neart he s to c k’sres istance lev el.T he i deal ti met o buy  is o na  b o unce lower off of t re nd lin e res istance withplans to s e l l  as shar es a p pr o ach trend line  supp ort. Yeste r day’s sh arp p rice act ion lower i s a good  bo unc e.Tra d e rs  who bet on S I N A to  m ove dow n t he chan nel  sh oul d k ee p a prote ctive st op  j us tonthe o t her side  o f r es ist ance. 
Lastup is  Chi na  S o uth ern Air l in e s  (ZN H) ,a Ga ngz ho u-bas ed a i rli ne that  carriedmor e  tha n11  millio n passengersla st year. S ha res  of ZN H have bee n trading in a triangle of a di ffe rentsort  for thepas t fewmon t hs: asymmet rical  t ria n g le.
U n li keth e ascendin g tri angle sin L FC andYZC, a symmetrical tri angle is a se tup  tha t ’ sfor m ed bytr e ndl i n es that are con verging at  a p pr oximatelyt hesa me rate . The t radin g  strate gy is ess entiallyth e sa m e  as  they’d be  in an i f/then se t up. Y o uwanttobe a b uy erif sh ares b r eak out a bove t re nd lin e res is tance, o r a seller if they brea k down  belo w t rend line  su p por t.

A sym metr ical trian gle  is  uniq ueb ecaus e it sh ows us th at t h ere’s a v o la til i t ysqueeze tak i n g  sh ape i n s h ares o f ZN H. Because volati l ity is cyclica l, m o v ing  fr o m pe ri ods of high vo lat il i t y to per io ds of low v olatilit y, the i mplica tion i s thata br e ak out side  of  ZNH’s ch ann el will co me  i n  the f ormof  a siz able m o ve.T h at’s why it’s cr ucial t o kee p  aclose  e ye on s h ares  now. When  the breako ut doe s ha ppen,  the
 $52_level before_buying. Then keep a_protective stop_at_S2.

Sina

Things are_looking_a lot less_bullish for shares_of Sina (SINA), a_stock that’s been_stuck_in a downtrend for most of the last year. Since mid-April, shares of the_$4_billion online_media_company_have halved.

There’s a big difference,_though, between a stock being_in a_downtrend and merely moving down. That difference means_that_we have a_tradable setup in shares of SINA right now.

In a_downtrending channel, the key difference is_the fact that_shares_are_bounded by trend line_support and resistance levels, a price_ceiling and floor for shares that_restrain price action within a tight, predictable_range. That predictable range means that_traders have a way to_determine the_risk/reward tradeoff on a setup_like SINA.

Because it’s_in a_downtrend, SINA is_a short candidate with an optimal_entry near the_stock’s resistance level. The ideal time_to_buy is on_a_bounce_lower off_of trend line_resistance_with plans_to_sell as shares approach trend line_support._Yesterday’s sharp price action lower is a_good bounce. Traders who_bet_on SINA to move_down the channel should keep_a protective stop just on the_other side_of resistance.

Last_up is China Southern Airlines (ZNH), a Gangzhou-based airline that carried_more than 11 million passengers last_year. Shares of ZNH_have been_trading_in a triangle_of_a different_sort for the past few months: a_symmetrical triangle.

Unlike_the ascending triangles in LFC and_YZC, a symmetrical triangle_is_a setup that’s formed by trendlines_that are converging at approximately the_same rate. The trading strategy_is_essentially_the same as they’d be_in an if/then setup. You want_to be a_buyer if shares breakout above trend line_resistance,_or a seller if they break_down_below trend line support.

A symmetrical triangle_is_unique_because it shows us that_there’s a volatility squeeze taking shape_in shares of ZNH. Because volatility is cyclical, moving_from periods of_high volatility to periods of_low_volatility,_the implication is that a break outside of ZNH’s channel_will come_in the form_of a sizable move. That’s why it’s crucial to keep_a close eye on shares now. When_the breakout does happen, the