I0NMAN

I0NMAN

Well looks like Palantir is completing a head and shoulder formation on the chart. Based on the H&S formation, looks like there’s a price objective of $7.40.

I0NMAN

Looks like there's more downward pressure for Bitcoin now that the bear flag is broken. From the chart, looks like there's a possible low at between 12,000 to 13,000

I0NMAN

Artroniq has been in consolidation stage for a very long time. Although price and volume looks quite promising today, 0.435 is the price to beat with increase in volume. Otherwise, it should keep moving within the range again. Let's see if this will be a successful breakout play or back to consolidation again.

I0NMAN

Unisem seems to be forming the head & cup formation on the weekly chart. Potential breakout play if UNISEM can break the neckline at 4.70 or previous high of 4.72. If it does not violate the uptrend line support, this could be a good cup & handle breakout play.

I0NMAN

Looks like Adobe is about to complete the cup and handle formation with the breakout resistance at $673.81. I only hunt for this formation to enter most of my trades. If breakout is successful with high volume, this can be a good trade setup.

I0NMAN

Looks like ETH has completed the cup pattern and currently forming the handle before breaking up at the neckline around $3980. But in the meantime, looks like it will be retesting the support at $2950 before breaking up. There is also likelihood for ETH to retest $2500 before heading up to break the resistance of $3980 and then to record a new ATH. Disclaimer: ...

I0NMAN

UNISEM seems to have completed the cup and currently looks to be forming the handle. However, one important thing to note is that it must not break the uptrend line in blue. Set your alert, if it breaks RM9.43 with high volume upon the completion of Cup & Handle formation, then the upside potential is huge! Disclaimer: This is by no means a recommendation to...

I0NMAN

This is the second stock idea related to semiconductor. Inari has been forming an ascending triangle chart pattern. Now will be interesting to see if 3.75 resistance can be broken. There's a support at 3.36 and the uptrend line which coincides with the MA50 line. This is worth waiting for if it does not violate the support.

I0NMAN

TSM have been consolidating in the rectangle since March with several attempts to break the $125 resistance. But with US market looks very likely for correction will TSM finally be able to break the $125 resistance? Let's find out soon

I0NMAN Updated 

I have no loyalty to any specific market. I only pledge allegiance to the market with high opportunities to make profit. Tianjin ZX looks like completed a cup & handle formation. If it can break 1.10 , based on the depth of the cup, 1.38 could be a possible price objective.

I0NMAN

Looking from the trend, we have seen Dow Jones have been correcting to the bottom of the Keltner channel before rebounding higher (except for the month of June). 34,813 has been the level of resistance previously and has now turned support. There is a resistance now 35,600, very likely if it fails to clear the resistance, Dow Jones should find support at the...

I0NMAN

After a good breakout yesterday, MPI is looking good for another breakout play once it breaks the 43.80 resistance. As long as they don't violate the support, MPI should be looking good to break new ATH again.

I0NMAN

Looks like D&O is forming the handle to complete the cup and handle formation. As long as it doesn't break the uptrend line support, this is definitely worth looking at. This could probably lead to new ATH price again. We shall see Dislaimer: This is by no means a recommendation to buy/sell. The ideas shared here are mainly for educational purpose only. Please...

I0NMAN

Bumi Armada formed a rounding bottom but couldn't break the 50 cents resistance yesterday. Crude oil price are also hovering at resistance after a cup and handle breakout earlier. Perhaps if the rally continues for oil price it will spur Bumi Armada to go higher. If the breakout is not successful, very likely it will form the handle for the next breakout....

I0NMAN

Gold is looking really bullish now. Perhaps it should challenge its last year high again soon. Looking at the 10 year chart, we can clearly see a cup with handle formation that is just waiting for breakout at around $1916. Based on the depth of the cup, we could potentially see a price objective of $2700. This is definitely a good hedge for inflation. Go for...

I0NMAN

This ETF has been my favourite since 2020. With the scarcity in supply from agriculture segment and the incoming waves of inflation, this could be one good bet for agriculture sector. It's looking like a small cup and handle with the neckline at 19.19, it's looking pretty good if there's good volume to push for breakout. Let's see how the US Market goes for next...

I0NMAN

Looks like IJM sprinted way ahead of its time. A case of too early too fast perhaps. But anyway, it's looking like a cup and handle formation with the neckline at RM2.02. Will it jump back up the next session after a red candle today? Let's see what Mr Market says. Definitely worth keeping this in the watchlist and monitor for breakout play. Still good as long as...

I0NMAN

Wong Engineering Corporation was in my watchlist for past few days to see if the breakout was successful. However, it was a bad candle on 9th June to close with bearish engulfing, Let's monitor how the trade goes for this counter over the next few days and see if Wong can still breakout from the neckline of RM1.04. I am very keen on this because of the depth of...