timothyting18

timothyting18

CNBC reported a significant downturn in the S&P 500, marking its most substantial decline since January. What were the underlying factors? In my analysis, two key reasons stand out: 1. A surge in market panic selling occurred on Friday (12th April 2024) amidst escalating tensions between Iran and Israel. This heightened geopolitical uncertainty prompted...

timothyting18

A few days after talking about wanting to grab some NYSE:BABA shares, I was chilling on a regular Friday night, playing Mahjong with my pals like we do every week. But this time, I was keeping an eye on NYSE:BABA as the week was coming to an end. Around 11 pm Singapore time, I vaguely remembered NYSE:BABA taking a dip, maybe around -2%, hitting $66-$67 per...

timothyting18

I can't stop thinking of NYSE:BABA despite the recent uncertainties surrounding China related stocks. A painful lesson that I had learned during Covid period was that China stocks are un-investable, and I learned that through $SE. Even though NYSE:SE is not directly related to China, but for some reason due to Tencent being one of the major shareholder for ...

timothyting18

Bought NYSE:HSY at USD193 for low-risk high-return trade. Reason to enter: Testing weekly 200SMA with bullish ice cream bar formed at crucial support level. Entry: USD193 TP: USD208 - 237 SL: USD182 Third trade of 2024. Let's go!

timothyting18

What a start to year 2024. If you referred to my previous post, I entered NYSE:PFE at USD28.79 after a bullish ice cream weekly candle was formed at key support level. On 2nd January 2024, when the whole market tanked, NYSE:PFE moved up 5% in a day, I was hoping for a higher gain over a longer run but I would prefer to bag 5% gain instead. Moving on to my...

timothyting18

Buying some NYSE:PFE shares at current level of support, SL at roughly $26 aiming for a risk-reward of 1:3. Reason to enter this trade - price is at key support level, with bullish ice cream bar formed at weekly levels (week of 18th Dec 2023). First trade of 2024, let's start the year with a bang!

timothyting18

2023 had been hell of a roller coaster ride. From bank crisis in March 2023 to interest rate peaking, it seems like we are going to enter 2024 with an expectations of multiple interest rate cuts with inflation coming down to 3.14% from its peak of 9.06% (a year ago the inflation rate was 6.45% as at end of December 2022). I am always bullish on US markets, and I...

timothyting18

NASDAQ:SOFI mother-baby bar formed, followed on with bullish pin bar with a tail that extends beyond and closing within mother bar range. Bought another 500 shares today at $6.85.

timothyting18

NASDAQ:SOFI closing the week with a bullish pin bar at the critical $6.50 support level is crucial for the share price to bounce hard from this level. Mother-baby bar TA never fails, look at the previous mother-baby bar formation back in early May 2023, a bullish pin bar formed and NASDAQ:SOFI bounced more than 100% within 1-2 months.