dchua1969

dchua1969

Now we have heard how Huawei time precisely to launch its new foldable model together with Apple 16 which the latter received lacklustre sales in China. And they have to offered a discount shortly to shore up their decreasing revenue. Will she still be the Apple of the eye? Ok, I hear you. Warren Buffett has sold some of his Apple shares but should we be overly...

dchua1969

MSFT is entering into a consolidation phase and the two blue lines are where I would like to accumulate more. Please DYODD

dchua1969

A follower asked me how to capture stocks move like this ? My answer is I don't know coz it is more speculative than fundamentals. In the world of securities or brokerage firms, it is hard to have an economic moat. For example, I am using Webull, Moomoo and Tiger brokers in SG for a simple reason - cheap transaction fees and diversification. But I do not own...

dchua1969

Hmmm, was expecting some sort of fireworks this morning, a little disappointed......who knows after 10am when they released the news. But I heard it is not so great, so analysts may provide more take profits call, selling while many retail investors in China (1st day returning to work after the Golden Week) have yet to get their account open. I am already vested...

dchua1969

You have been warned - many content creators in the hope of pushing for viewership are blabbering about how hot the HK/China stock market will be. I agree that it is no longer about valuation but more on momentum. Many newbies have no idea how to invest in the stock market and are BLINDLY following the herds.......buying at high price to chase for tech, consumer...

dchua1969

This is in my watchlist now. If it comes to the support level , hopefully, I will take a positon. Please DYODD

dchua1969

To the many institutional and retail investors out of China, Alibaba is a well known made in China brand. Jack Ma is often seen giving speech in the western countries in the past and so naturally , retail investors are familiar with this company. I spoke about stickability before and brand recall is important when time is of essence. Like now, when all the rage...

dchua1969

Valuation can remain cheap for months and years without any decent increase in share price. So on its own , it is not a good barometer to purchase it. However, given the QE stimulus/rescue package that the Chinese Government has rolled out a week ago and creating more chaos and euphoria amongst the institution and retail investors worldwide, I would say this combo...

dchua1969

While waiting for the mass mainlanders to come back and shore up the market even higher, I am taking a back seat to further analyse the HSI chart so that my enthusiasm/passion/greed does not get over me. We can see from chart that in Oct 2022, there was the first bull run which rally for 56% before tumbling down for a good two years. Then, in Jan 2024,...

dchua1969

Oh come on, just because you are enjoying the party does not mean the DJ is to continue spin the music and prop it up, ya ? He too needs a break before continuing the part 2 of the party. So we can see from the chart that it has reached a resistance point , same as Jan 2023 and given the fierce rally over the last 1 week or so, it deserves a pull back. Not...

dchua1969

It is a crazy China bull market run now and the index is continuing its rally day after day. One can get emotional and forget about the reasons for buying , choosing to base the buying criteria based on company fundamental and instead choose to go with the crowd. I am still of the opinion that the property market in China has still a LONG way to recover and will...

dchua1969

We see from the weekly chart that the triple top formation (bearish in nature) is playing out now that the price point has broke down from 64,723 level. I have indicated 3 profit taking levels and think the risk to reward ratio is pretty good given the high points that we are shorting now. Please DYODD

dchua1969

From the 4h chart, we can see that it has broken down from the bullish trend line (green dotted line) and is now hovering in the triangle zone. This can either go back to the support turn resistance line at 1.110 and goes sideway for a while before continue its descent. It could also heads further south from the triangle zone without any pullback so if you are...

dchua1969

Now, let's use this stock , 388 as an example. From 2021 to Sept 2024, it has been on a downtrend for 3 over years......... If we rely solely on the RSI indicators which states that sell when it is over 70 or buy when it is 30 or below then , one would be in deep trouble. The simple trend line is more meaningful and accurate as one can see from the chart....

dchua1969

Comparing the 3067 ETF and the top 2 tech stocks of HK, Tencent and Alibaba, we can see that Tencent has broke out of its resistance zone and is rallying higher. Now, Alibaba and the ETF is playing catch up.... I have previously said that if you have limited funds, does not like or dunno how to analyse individual stocks, prefer diversification, the 3067 ETF...

dchua1969

Now, when we analyse the same stock from a longer time frame, suddenly the long spike up does not look as scary anymore. Upon closer examination, one can see clearly that the price has been range bound since Nov 2021 which was the covid period. Haidilao famous for its restaurants hotpot was badly hit since people are stucked at home. Fast forward to...

dchua1969

Oh no........the stock has gone up like an arrow, it looks so scary........can buy or not ?

dchua1969

Using one of my favourite stock as an example, we can see from the weekly chart that price has gone up by 42% from the low of 190.6 which was the first buy zone. Second buy zone was at 264 price level and the third price was at 348. We can witness the 4th buy zone soon after it breaks above the resistance at 458. As it is a week long holidays in China, the...