AMTD is extremely undervalued due to the news of Charles Schwab having 0$ commissions. With TD Ameritrade now offering 0$ commission fees, expect it to recover for a potential 20%+ dip buy opportunity.
Hello traders investors and community, I detected an excellent LONG set-up in APPLE I share with you completely free. Thank me...
To be added to my earlier publication wherein I explain to expect a stock rally followed by a larger stock market crash is a stock buying cycle locked up inside an ascending triangle. This particular set of conditions has lead to sudden stock rally and drop of DXY halfway the month of June.
We could expect to see a similar cause and effect from current date...
Dow Jones is extending the rebound on the Higher Low made yesterday on the 1W Channel Up (RSI = 51.067, MACD = 249.310, Highs/Lows = 0.0000) after the Nonfarm Payrolls missed the forecast today. This fundamentally bullish for the stock index (Fed and rate cut outlook).
Technically the 1W Channel Up failed to make a Higher High last month so the medium term...
We've all been stuck in the battle of staying out of the market to expect a "crash" which is really just a retracement. The world has yet to see the once in 100 years "Grand Crash" which will completely devastate the global economy, and that only happens when the S&P 500 starts trading below $1,450 with the new target down to $520.
Instead of only looking for...
The Korea Composite Stock Price Index is currently on a 5 week bullish streak (5 green 1W candles in a row) approaching the overbought zone on 1D (RSI = 70.924).
The important development on the 1W chart though has been the Death Cross formation (MA50 below MA200) earlier this June. This is generally a bearish signal but last time that happened in February 2009...
Our Dax and ESP 35 trades are continuing as mentioned in previous posts. It seems cheap money and easing will keep stocks propped as there will be nowhere to go for yield. Of course, a geopolitical issue or black swan event can nullify this...and I believe there will be a confidence crisis approaching.
However, we will deal with that when it appears and the bond...
An earning over prediction has sent this market into a 'good standing' position for the neutral area. Assuming that earnings will not beat prediction, due to tariffs, I expect a major downtrend continuing. If we do not stay in neutral territory, expect a straight downward selloff.
Z (Zillow) is a great buy after their bad earnings in Q2. Zillow is a very reputable company that has a great chance of bouncing back from poor earnings being in the real estate industry. Look for a possible 20% return with Zillow.
Priceline of GENERAL ELECTRIC CO (GE) Stocks has completed a bullish shark pattern and entered in potential reversal zone.
From here price aciton will take bullish divergence soon insha Allah.
I have defined targets using Fibonacci sequence as below:
Buy between: 9.33 to 8.94
Sell between: 9.67 to 10.42
Atif Akbar (moon333)