ZTE Corporation | 0763.HK | Moses’ Hong Kong Stock Analysis

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Picture Worth a Thousand Words

Look left and plan right; technical analysis – chart worth more than a thousand words.

 

Friday, August 21, 2015 was a worst day for all. All markets coming down including the US and Europe market. You can check CNN Money for more information.

 

Hong Kong ZTE Corporation Stock Analysis

ZTE Corporation is a High Tech Chinese multinational telecommunications equipment and systems company headquartered in Shenzhen, China.

 

Compare ZTE Corp and China SSE Composite Index, you realize that the stock price started coming down about the same time, June 2015. Can we use SSE Composite Index to benchmark ZTE Corp? Will there is nothing wrong to do that.

Just remember, all setup can fail.

August 23, 2015 ZTE Corporation

August 23, 2015 ZTE Corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

China SSE Composite Index

China stock market has been weaken since June this year (2015). See chart for details.

August 21, 2015 China Shanghai Stock Exchange Composite Index

August 21, 2015 China Shanghai Stock Exchange Composite Index

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Moses’ Hong Kong Stock Analysis

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