China Shenhua Energy Co Ltd: Uptrend Accelerating Off a Low Base

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

China Shenhua Energy Co H / Technical Analysis

<p>We have been searching for energy laggard plays in Asia and outside of Modec in Japan we found the chart structure in China Shenhua (CS) compelling on a tactical and strategic basis within the context of a tactical rally followed by a mid degree correction before resuming the rise which is starting to show trending characteristics. Coal displayed a strong upward move above resistance in December supporting a bigger move for China Shenhua.</p><p>The daily chart illustrates the bullish triangle breakout…</p>

We have been searching for energy laggard plays in Asia and outside of Modec in Japan we found the chart structure in China Shenhua (CS) compelling on a tactical and strategic basis within the context of a tactical rally followed by a mid degree correction before resuming the rise which is starting to show trending characteristics. Coal displayed a strong upward move above resistance in December supporting a bigger move for China Shenhua.The daily chart illustrates the bullish triangle breakout…

China Shenhua Energy Co H

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