Sweetgreen shares ( NYSE:SG ) surged by 35% on Friday after the company reported better-than-expected revenue results for its fiscal first quarter. The salad chain also raised its revenue and adjusted EBITDA guidance for fiscal year 2024. The company announced earlier this week that it is adding steak to its menu in an expansion of its protein...
DBS established a strong support zone at the $31.6 mark Double bottom structure played out nicely MACD @ oversold Consider this a pretty safe buy entry for accumulations Personally, I bought in at @ $31.9
NYSE:SG Bearish To Bullish Reversal, parallel down trend ending with a bottoming pattern. This is obviously a new company and a long term investment if you like the company.
Initial downtrend since March 2022 Support at ~$11.80 Descending triangles form New resistance forms New downtrend forming at ~$11.37?
In a rather surprising, and significant turn of events, when revisiting the daily counts (which are grossly under reported as many are asked to stay home with primarily ART testing; only PCR positives are logged) there appears to be another kink in the trajectory. Earlier, the model projected a tapering of the numbers. This was also modelled in line with the...
Social Good is gradually growing, with very little wallet holders on EtherScan. I've wondered when the pumpers will come in??? If you love shopping on AliExpress, Shopee and even Lazada. Don't forget to use my Social Good referral code: T6S27X
We will have to see what the 7th day chart would say? At the moment, long is the best option and wait for the windfall gain. Note: I seldom post about stop loss or take profit because you have to decide on that.
SocialGood seem to be gradually moving after tank down below <US$0.10 at one point. It is hard to buy because the system doesn't allow massive buy or massive sell due to consistency of stages demand and supply. I have been following it behind the screen for a while. I say it's a buy and a kind of savings package of its class.
Last week, an update was made and projected that this Wave 3 was to be more significant and previous, as well as longer in duration. The days passed with events that corroborated with the projection, and in fact, surpassed the projection. The MACD histograms had crossed sooner than expected and the MACD lines show the momentum of the up trend. What this...
Today's hot news was that Wave 3 is upon us and appears to be bigger than initially anticipated. So, relooked at the charts... charts that had predicted the Wave 2 spike in COVID-19 cases in SG in November 2020, which appeared in January 2021. (See attached links to related ideas below) And again on 5th March 2021, which gave heads up on a clear and present spike...
So... Technical analysis is not the orthodox tool for Pandemic infection monitoring, BUT it appears that IF we can look beyond the box, we can see more, and get ahead of the curve a little more. This is the SECOND time the Singapore COVID-19 charts are giving us about 6-8 weeks heads up of an imminent spike in COVID-19 cases. Much could have been done IF we...
Prices reversed nicely in our previous call, we maintain a bearish view on this stock and a pullback to test our sell entry could see a further drop from here.
DBS is very weak now. Having bounced off 25 twice in recent time, it failed to make higher highs, failed the 55EMA, and is likely to revisit 25. MACD supportive of bearish bias. Going for a bounce at 24.50, and to consolidate at 24 for deliberation of a possible major rally to 40.
1.92 very very important support zone 2.13 first resistance Very low risk entry if price could go to 1.92 for a good long trade Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if...