28th Jan 2023 ARKK may shine once again after reaching the lowest $30 in year 2022. May slowly nimble in with strict $30 SL. Support: 30 Resistance: 49 (short term) Resistance: 63 (Mid Term)
15th Jan 2023 Previously, Nio drop to 3 support level which I shared in Sep 2022. Congrats for those who make on this call. After forming a real support around $9, we may see some upside on Nio. Last support price will turn to resistance level. First Resistance: $12 Second Resistance: $15 Break and close above $15 may hit final TP at $20.
08th Jan 2023 Nasdaq is well supported at 10600. Break above the descending resistance line will show a good sign for Nasdaq. Otherwise, it may continue to float between the descending triangle till a breakout play out. Support 10600 Resistance: 12000
08th Jan 2023 Tesla is finding its minor support between the highlighted price level (100-120) Everyone is hoping to add Tesla into their portfolio for 2023. Therefore, any sign of strength in Tesla may see price moving up quickly. A week candle hitting 100 may not be as strong as multi weekly candle supported around the price. Therefore may continue to nimble...
8th Jan 2023 Everyone can't wait to travel. 2023 is a good sign to relook into travel, hotel and accommodation industry. With China reopens borders, there may be a surge in term of sales for these sectors. TP: 100 SL: 82
CCL reached the lowest $6, cutting out all the SL based on the previous low level and rebounded above the previous support level. This is a good sign in term of TA with China reopens borders and sales tickets increase for CCL. Therefore, I'm bias on the upside with good risk-reward stated.
Clear cut after 150 break (mentioned 10th Dec), price continue to drop and reached our next support area between 100-120. Price may start finding minor support between this price. However, will depend how Elon sing to the public in year 2023. Otherwise may see further downside. Tesla used to be a dream for everyone in their portfolio. But the believe getting weaken.
10th Dec 2022 One month ago, I did mention to check on the Nov candlestick whether did the price closed above 18k. Since Nov monthly candle closed above 18k, it is a good sign for HSI to recover and it closed near to my target of 20k last Friday. Next resistance: 22k/23k.
10th Dec 2022 Oil may retrace to 50% fibo level around $67. If price able to support around $67, will be eying next resistance level around $78 follow by $90
10th Dec 2022 Long term playout: Price reached the first area to nimble in. Second average price around 150-160. Follow by 100 (if possible) Above method is possible if you believed Tesla is long term playout and this company will still be available 10years down the road.
10th Dec 2022 Next week due to CPI and FOMC Rate decision, market will be highly volatile. Monitor DJI drop to 50% Fibo level, 32800 and determine the next movement. If Fed announce 50 basis point, may cause short term upside hitting above 34300. However don't be over optimistic as we are in the QT + high rate + inflation environment. Max Resistance...
12th Nov 2022 Price did not came to support area. Therefore, we may consider to nimble at current price with good SL around $70. Ride together with the good news from China eases Covid measures.
12th Nov 2022 Monthly Chart HSI. Worth paying attention back on HSI after monthly chart showing bullish engulfing candle stick. However the month have not end yet. Continue to watchlist HSI and if price did not over the previous month low, a good support area is form. Bias on the upside to 20k.
05th Nov 2022 Buy on rumor sell on news. Rumor referring to Investors hoped Beijing would soon relax its stringent Covid Policy. We may take this opportunity to ride on in Baidu. Support 70. Resistance 100
30th Oct 2022 SATS gap down due to M&A. However price reach the Covid low during 2022 around $2.50. Worth to nimble at current price as investors may over-react on SATS M&A decision. (Based on Technical view) Avoid if you worry on their upcoming earning report in Nov 2022 Resistance: $2.8/$3 Support $2.50
30th Oct 2022 China still remind its Zero-Covid Policy. Lockdown still remain. Therefore price should drop below Covid low during 2020. Next support 10k
30th Oct 2022, Meta gap down due to earning report. Metaverse is burning too much case before the produce have any breakthrough. It will be smart if you join in after at least it showing 70% breakthrough in metaverse. Otherwise, without any good news from Meta, all rebound is due to stock lover, Valuation investors picker. Technical perspective, support...
30th Oct 2022 Risky trade but worth a try with good Risk Management. Chinese ADR shares will be sensitive to Geopolitics problem. However, if there is any chances or positive side from Chinese Government, these shares are ready to fly (bullish). Current price for dollar averaging if you believed Alibaba is a long term play. Do note that, there are more room...