Read the latest news here You can say that the Covid-19 has hit the travel and tourism business hard, real hard. Those who have been to the casino knows the atmosphere is different from betting online. It is not just about the winning but the ambience, the people, the light and sound all curated into an exciting place for people to try their luck. I dunno if...
see chart Entry : 1.18 SL : 1.177 Target 1 : 1.1848 Target 2 : 1.188
Say you are a salesperson in a company and you are given 2 products to sell. Product A @ $500 Product B @ $100 Commission is 1% net So if you sell 1 unit of Product A , you get $5 and $1 for selling Product B. Your boss gives you a monthly target of $100. How would you plan on reaching your target ? Basically, there are only 2 ways to increase your sales, ie...
F is for forgiveness. This is one trading post that I had wanted to write about for a while but somehow it slips by each time. I had just watched a Korean drama with a 5.0 rating voted by the people who had watched it. I am not sure if they fully understand what the director was trying to convey the message but I felt that God has spoken to me through this...
Either you believe in trend line and start to long now or you wait for it break above the resistance at 12,302, establish bullish signals before you go long. 13, 906 is the weekly resistance so at current price, it still has some room to move up for those who are keen to go long.
It is still registering strong bullish move on the trend line as each correction helps it to propel upwards further. Thus far, it has closed 3 gaps with the last one at around 11,500 to be closed . Ensure your Stop loss is in place and always use appropriate position size to trade/invest. Do not let the fear of missing out gets you into a larger than usual...
I spoke to a few people in their late 40's to 50's and several of them had either been burnt in their portfolio or gave up hope in the stock market because of bad timing. Let's take a look at the most recent recession ; 2007 to 2009 subprime mortgage crisis . Had you chose to invest during this period, you are most likely to suffer huge losses and I can...
Many traders get too entrenched in spending hours after hours pouring over the net and attending courses to discover the holy grail of knowing when to buy a stock/index/commodity/ETF/currency/etc. However, what's neglected is what to buy is just as important if not MORE. Why did I say so ? Now, depending on where you are, you are probably familiar with your...
The Nasdaq has broken new records high and it is getting the bulls a little jittery. Shall I add more ? I will not if I were you for the following reasons : 1. It is now trending at a steep angle within the ascending channel. Once it breaks down, we know a correction is inevitable. Risk reward ratio may not be justifiable to go long now. 2. Currently, the price...
Read latest article here and here As a component supplier to Huawei, this new sanction by President Trump causes its price to fall as much as 11% yesterday. Let's wait for the dust to settle before initiating a position.
See chart Wait for the price to fall towards the bullish trend line first, establish bullish signals then place your long positions. If it breaks down from the trend line, the trade plan is called off.
Read latest article here A follower from Malaysia wanted my 2cents opinion on this company, Top Glove Corporation Bhd. Here you go : It has risen more than 400% according to the article which I think is a little overbought judging from the parabolic moves it has made thus far. I expect the share price to have a correction to around 22.50. There, we would...
From time to time, I would check my FB site to get a glimpse of what's happening in the investment world out there. What's on offer and what's new that catches my attention. I discovered as the global market is entering into recession, high job unemployment and resurgence of Covid-19 cases in Australia, SK and HK, even China, the "fake gurus" and scammers are...
Those for followed my EURUSD post would have made more than a hundred pips profits from the bottom at 1.17159. This week, I expect the price to continue and likely to break out from the resistance at 1.190 level. However, it is wise to take some profits off the table and adjust your SL to breakeven. There lies a possibility that it might revisit the bottom at...
Imo, it is not ! Working on the bigger time frame like weekly and daily, Silver is still enjoying a bullish run. It had a pretty serious tumble last night, collapsing the price to more than 14% at one stage. A few important lessons here : 1. Commodities be it silver , gold or palladium are highly volatile in price movement as we had seen its parabolic bullish...
If you like Teladoc , then consider this healthcare stock.