Someone asked me to chart this company. Here you go ! On a short term trade basis, you are likely not to have too big a stop loss gap to consolidate your capital base to fire more ammo on other stocks. However, if you are a long term investor and believes in the fundamentals of this company (please DYODD) , then there is a possibility that it might revisit a...
Absolutely no UNLESS you have lots of spare cash or ignorant that you can get it at a lower price. Then again, who's right or wrong will depend on a later time when you look back. Look at Meta chart ( ) Of course, it could still comes down to close the gap before going up, the question is when . I also showed how long the gaps took to close in Amazon case....
I am in no hurry and though it is cheap , it can gets cheaper and cheaper.......... Always remember, are you buying because it is popular in the news, you see their brand everywhere, your friends are buying and so you want to be in the group ? Examine your motive to buy , it is your money after all. There are thousands of stocks for you to choose from...
35 years is a long time, twice of it makes a person already in their senior years. Most likely, in their 80-90s (if they still stick around) since most of us do not start investing at age 1. I was 18 years old had I invested in the stock market, especially HSI. Looking at the chart and the two recent fall out from the bullish trend (on hindsight) , I will still...
One of the most hated market currently and some called it uninvestable, the China market has plunged more than 60% from its peak. We are now at an inflection point again, reaching the upper side of the decreasing channel. I believe the property market will take some years to recover , with excess supplies to clear and consumers continuing to adopt a wait and see...
The breakout may not continue to consolidate to the side apex before breaking up. Those who are keen to participate in the Healthcare sector may want to do more research on this counter before going long. Please DYODD
Just because it has landed on the support line or resistance level does not mean it must rebound or heads south. As investors, we must know that these are based on historical patterns and past history is not a representation of the current market conditions. Thus, it is wise to take a small nibble , say 10% of your capital if you had done your homework on this...
based on weekly chart, we see a clear cup and handle pattern play out in this IHAK ETF. If you are getting hyped up to go LONG , be patient and not get on the high price train. Wait around for the price to retrace to around 44 price level first or possibly it might drop even lower considering the bullish trend for AI, Tech stocks has been rallying for quite a...
Awaiting for breakout of bearish trend first. be patient
Read this IPO news here This article here is nothing new as we are witnessing a change of the job market landscape exacerbated or accelerated by the Covid-19 pandemic. See article here How big is the food delivery market globally? See here In Singapore recently, someone claimed they could make almost S$9000 a month from this food delivery business....
Why not have both ? Eat the chocolate and make the profits , haha? Wait for it or nibble some when it breaches the resistance at 193.53 or wait for it to fall further to the support level at 174.58..... Christmas is coming ......what other better gifts than chocolate, the old tradition?
Several followers asked me this question and I am as clueless as they are. What is on the sleeves of BOJ ? Will they intervene like before ? For one , I wont be shorting this pair for the simple fact that it is in a bullish trend (going against it is unwise as I have been educated from the market umpteen times). As I am currently not vested in this pair, I will...
From China "uninvestable" to social media influencers calling bulls in the HK/China market and there are some followers getting edgy what they should do. I know what I will do since I am clear with my objectives , time horizon, risk tolerance, capital management, etc. For my existing holdings, I am selectively averaging down on some of these companies -...
it has dropped about 17% from its peak and currently there are 2 support level to watch. It could rebound from here so I like to buy some shares but if it falls further to the 2nd level, then I will add some more. The important thing is it must stay above the bullish trend line.
Follow what Warren Buffett has been saying for years. It works. Read article here Now that the price action has break up of the resistance , I expect the rally to continue provided the FED gives no more surprises along the way.
Read latest news here Post trading hours, the company has fallen nearly 20% to reach the current price of 418.85. I will be waiting patiently for the gap to be closed and see if there is bullish signals before going long. Tech stocks have gone up a lot, short term traders will be smart to take profits, investors - chill and await good opportunities to accumulate.
If the price comes back to 107 price level support and has bullish signs, I might want to add a bit more into this company.
A whopping 77% drop from the peak of 35.85 to a low of 8.50 in Oct 2022. It broke the first resistance at 14.26 and is now approaching the 2nd one at 16.88. If it breaks above with a bullish signal, I will add more slowly. It's launch of the Electric vehicle will give the likes of Tesla, BYD, Xpeng, NIO, etc a good run of their money. While the others are...