2331.HK (HKEX)

2331.HK HKEX

Li Ning

STAY IN CASH

13.00

Prev.Close

13.02

Change

-0.0200

Change%

-0.15%

BULLISH THREE GAP DOWNS

Sold at

14.16

Open

13.18

High

13.32

Low

12.92

13.00

Gain%

-8.19%

Signal History

Date	Price	Signal	Change%		HKD100⇨
09-04	14.16	SELL	-8.2%	✔	119
08-23	14.06	BUY	+0.7%	✔	118
07-16	15.05	SELL	-6.6%	✔	119
07-12	15.52	BUY	-3.0%	❌	123
06-12	20.26	SELL	-23.4%	✔	123
06-04	20.85	BUY	-2.8%	❌	127
05-23	22.70	SELL	-8.1%	✔	127
05-17	22.00	BUY	+3.2%	✔	124
05-07	21.30	SELL	+3.3%	❌	124
04-22	17.50	BUY	+21.7%	✔ 👍	102
04-03	21.10	SELL	-17.1%	✔	103
03-20	20.44	BUY	+3.2%	✔	100

† Trade commissions are taken as 0.30%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 2024-09-04, 8 days ago, when the stock price was 14.16. Since then 2331.HK has fallen by -8.19%.

Market Outlook

The last pattern detected was bullish with positive implications. The overall evidence, however, is saying “Watch Out!” but it is not yet pointing to BUY. The share price is still not above the confirmation level and the signal is suggesting to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a possible bull run.

Pattern Description

This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend. more...

Date	Price	Signal	Change%		HKD100⇨
09-04	14.16	SELL	-8.2%	✔	167
08-23	14.06	BUY	+0.7%	✔	166
07-16	15.05	SELL	-6.6%	✔	167
07-12	15.52	BUY	-3.0%	❌	172
06-12	20.26	SELL	-23.4%	✔	173
06-04	20.85	BUY	-2.8%	❌	179
05-23	22.70	SELL	-8.1%	✔	179
05-17	22.00	BUY	+3.2%	✔	174
05-07	21.30	SELL	+3.3%	❌	175
04-22	17.50	BUY	+21.7%	✔ 👍	144
04-03	21.10	SELL	-17.1%	✔	144
03-20	20.44	BUY	+3.2%	✔	140
03-15	21.15	SELL	-3.4%	✔	141
03-11	19.55	BUY	+8.2%	✔	130
03-05	18.97	SELL	+3.1%	❌	131
03-01	20.00	BUY	-5.2%	❌	138
02-28	19.96	SELL	+0.2%	❌	139
02-22	20.02	BUY	-0.3%	❌	140
02-20	19.29	SELL	+3.8%	❌	140
02-05	17.74	BUY	+8.7%	✔	129
01-31	16.96	SELL	+4.6%	❌	130
01-24	16.05	BUY	+5.7%	✔	123
01-03	19.27	SELL	-16.7%	✔	123
12-20	19.23	BUY	+0.2%	✔	123
12-08	21.93	SELL	-12.3%	✔	124
12-06	21.40	BUY	+2.5%	✔	121
11-27	22.74	SELL	-5.9%	✔	122
11-23	23.65	BUY	-3.8%	❌	127
11-14	24.08	SELL	-1.8%	✔	127
11-02	25.85	BUY	-6.8%	❌	137
10-17	33.47	SELL	-22.8%	✔	137
10-09	31.61	BUY	+5.9%	✔	130
10-05	31.29	SELL	+1.0%	❌	130
09-29	32.27	BUY	-3.0%	❌	135
09-07	37.64	SELL	-14.3%	✔	135
08-29	37.85	BUY	-0.6%	❌	137
08-16	39.97	SELL	-5.3%	✔	137
08-10	43.29	BUY	-7.7%	❌	149
08-01	46.68	SELL	-7.3%	✔	149
07-11	41.02	BUY	+13.8%	✔ 👍	132