Resisted by 78% Fibo with shooting star candle. Bias on downside. 1st minor support at $35, break below will see $30 at next support level at 50% Fibo
Bias more on downside. Break below 32% Fibo support will see next level at 22.50
27th March 2022 SATS part of the business is to provide flight catering. Since country open up, all related to Travel Sector will be benefited from it. Once it break above the flag channel resistance, we may see next resistance at $4.60 and may hit jackpot at $5.16 (78.6% Fibo) to complete the flag patten
27th March 2022 Since the long call given on 05th March 2022, Nat gas have hit our $5.50 resistance mark. With the strong green candlestick, we will continue to hold on the bias uptrend (Ride with the trend, RWTT) and shall see next resistance at $6.30
27th March 2022 Good news that Singapore has finally removed after 10:30pm no alcohol restriction. This may bring good news for people who love to drink and may bring even better news to alcohol supplier. From weekly chart perspective, we can see that Thaibev is stuck at the breakup/down conjunction. However, with the news, I'm bias more on the upside. First...
Based on historical chart, we can see that during GFC in 2008/09, SIA Engineering drop to the lowest point to $1.48 and closed at $1.87 in March 2009 on the monthly chart. During Covid-19 Pandemic, SIA Engineering dropped to $1.48 once again and slowly supported between $1.48-$1.90. Since then, it continue to climb up (recovery) since Covid-19 vaccine slowly...
20th March 2022 Green solid bullish engulfing candle in weekly chart. Eying next resistance at $11
20th March 2022 Watch out these level: 14200/ 14500/ 14800. Must break and close above 14800 to show some good bull sign. wait for signal.
20th March 2022 KWEB (Chinese internet ETF) Since China says it will support Chinese IPOs abroad, calls for closure on tech crackdown last week, we can see most Chinese ADR shares shoot up. If KWEB fall below $20, will not be a good sign. Otherwise, this ETF is good to enter for long term investor. As for trading, long whenever it pull back.
20th March 2022 Previously, I mentioned to eye paypal at around 70-80. However, a good decent support level form at 23.6% Fibo. Decided to long at this area and SL below 23.6% Fibo Eying at $135 next resistance level once 120 give way.
05th March 2022 Gilead 56 final support. worth to take risk price between 56-60 TP64 & 68 Nimble safe
05th March 2022 Mentioned in the group. Commodities trader may wish to pay attention to Natural Gas. We can see that Crude Oil, Wheat (SPIKE), Heating Oil (SPIKE) all spike up but not Natural Gas. Lagger Commodities next? Next resistance: $5.50
PriceSmart is more for passive investor who love to collect dividend. At current tension and rate hike environment, they increase they dividend payout. From chart, we can see a breakout based on weekly candle. $75 is a good inflex price level. (Support/Resistance)
27/02/22 Doji candle form at 50% Fibo supported by 40days Moving Average in weekly chart. If next few candle support around 50% fibo area, this will determine a strong support area. Otherwise, we may see $44 as next support
27/02/22 After panic sold off due to Russia-Ukraine War, market rebound back on last Friday with over 800points. The rebound might be due to FOMO (Fear of missing out). Trader/Investor jump in to buy the dips. From chart perspective, we may see the upside hype continue unless Russia decided to use FOAB (Father of all bomb) to cause another wave of panic....
ARKK ETF used to be best performing ETF in year 2020. However due to rate hike situation, most of the innovation companies invested in this ETF question by the capability to survive. Therefore we can see a huge drop thereafter. However, the price have dropped more than 60% since it peak in Feb 2021 supported by 23.8% Fibo.. We are looking at two price level...
Remain bias on upside. Break above 1930 may see next level at 2000
Classic support turn resistance!. Resisted at 2130, supported at 1900 Break below 1900, we shall see 1750/1700. Bias on downside.