Surging Data Traffic Drives Mobile Revenue Growth at China Unicom

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Strong 1H Result from China Telecom with Mobile Outshining Fixed Broadband

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 Unicom Hong Kong / Technical Analysis

<p>After China Unicom rallied from our 10.10 buy in level to our 12.70 target and sell zone it has pullback back to a fresh support zone that shows potential for a fresh rally back to the 13.00-50 zone. Telecoms are expected to be a rotation and perform theme in Q1 as markets move into frothy/topping cycles and China Unicom has a very good risk and support level to work that will tighten risk stops.</p><p>An A-B-C correction is nearing a terminal point that is expected to be followed by a fresh rally…</p>

After China Unicom rallied from our 10.10 buy in level to our 12.70 target and sell zone it has pullback back to a fresh support zone that shows potential for a fresh rally back to the 13.00-50 zone. Telecoms are expected to be a rotation and perform theme in Q1 as markets move into frothy/topping cycles and China Unicom has a very good risk and support level to work that will tighten risk stops.An A-B-C correction is nearing a terminal point that is expected to be followed by a fresh rally…

China Unicom Buy Support with Good Risk to Reward