Please read this story slowly and carefully. Pass it on to someone you know who may be suffering from gambling problems. AMC Entertainment was the next heavily overbought stocks other than Gamestop. And it is such heavy speculation in the stock market that gives people who are not familiar with stock investment a bad name, calling stock investing as...
META is in a downward channel pattern and the selling pressure arising from the FED rate hike has exacerbated the plunge , especially the tech stocks in US. Support level 1 at 150.46 has been broken down and it looks set to head further south towards the 121 price level. That would be another price point for accumulation.....
We are near to the end of the wedge pattern and it is anyone guess when will the price action breaks out from it. It has fallen almost 30% from its peak and has recently recovered quite a bit but anything can happen within the wedge pattern. It can be a long drawn time period, so one needs to be patient.......
Followers of mine know that I am pretty bullish on HK/China stocks , ETF since last year and I have been slowly accumulating once there is a pull back. Yesterday, FED's decision to raise rates by 25 basis points go well with the market and the stock market reciprocate in kind ! I believe the Hong Kong market will follow this rally as well in addition to the...
I take the recent correction of slightly more than 10% dip from the top is another opportunity to get this stock to break its high! If nothing forbids its movements, we can see it breaking the resistance level at 880 and make its shareholders happier with a nice Christmas gift !
I am happy if the share price falls to 61.72 which means I can scoop up this great company at a lower price. Read latest news here
Read article here After reading , it looks promising that HK has a lot of opportunities moving forward. What's important is how fast can these measures be implemented as we continue to witness outflow of talents out of the country. CONFIDENCE is the key in stock market investing/trading. If people on the ground lack confidence, they will not put their money...
First thing first, I would like to take this opportunity to many of my followers who stayed by me all these years. You have given me the encouragement to continue writing my point of view over the last 5 years. Wow!!! Looking back, it has been a roller coaster learning curve for me as well. For this year, I would like readers to embrace more changes ahead and...
Read more about this ETF here Take a look at the gap being filled and I expect the price to be consolidating for a while more , probably Q3 onwards, we can see some rally ahead.
Also known as Ctrip in China , this is one stock that I like a lot. There are millions and millions of Chinese each year that are getting richer and are eager to see the world but first China. That means, those in 3rd tier wants to come to 1st tier and those rich enough in 1st tier are getting out of the country even more than before. This rate of outbound...
From the weekly chart, we can see Tesla share price has broken down from the important support level 1 at 166.36. Now, we are witnessing another breakdown at support level 2 at 110.44. Yesterday, it was one of the few shares in the US indices that rose (see day chart). So, we might see a bit of rebound from here and then I expect it to go further south towards...
YES, it is !!! If one had unfortunately invested in the beginning of 2022 in SPX , he would have made a loss of 20% or more in his returns. And by making unnecessary comparison with peers and "online friends" who boasted their staggering returns, it becomes a stressful and meaningless activity. What's the time horizon of investing in the first place ? Is it for...
This stock has plunged so low that it is almost impossible to go even lower already ! With the restaurants business reopening in main Tier 1 cities like Shanghai and Beijing, I expect the returns of the customers to boost its revenue greatly. Plan to nibble some later.
It has to break out of the resistance level at 234.30 before it can rally higher. Note that this is a fairly strong resistance level as it has been resisted several times. Also, there is a possibility that it might retrace to close the gap around 203 to 209 before going higher. Please DYODD
Read article here Chart wise, it has broke out of its bearish trend line and looks set to go higher. Go to smaller time frame and initiate your long position.
Please read latest article here I am waiting for the price action to break down from the first bearish trend line. IF it fails to break down, then this trade is OFF.
Read latest news here Property investment is a capital intensive game and the waiting time is much longer compared to equities. Those who bought into HK properties 2-3 years ago and if they are selling now are likely to incur heavy losses. But they have no choice especially if they are speculators , hoping to flip the properties for a quick gain.........
Read some of these articles to have a background knowledge here . here , here here On a simpler note, we are aware that the global economy is becoming more digitalised, though not moving at same velocity and growth. The chips are the "heart' of what goes into many things that are used in our daily lives , whether we are aware of them or not - from smart...