Break Triangle. With infrastructure plan approved, we are bias more on building material sector TP: $155 Trade safe
Supported by 38.2% Fibo Break and closed above 50% will target at 61.8% TP: $18 SL: $12
Weekly chart trading above moving advance. First TP: $11 (Cover Gap) SL: $5 Trade safe.
01-08-2021 Dead Cat Bounce Drama may come in Risk-taker may nimble. High Risk High Reward. TP: $15/20 SL: $3.50/$4 All depend on Chinese Government. Trade Safe
Looking at 26200 otherwise 38.2% fibo level Downside bias.
Interesting level that price touched 50% Fibo for based on 2 Fibo level. Coming week Fed rate decision is crucial. Looking for further retracement unless 50% show strong support Trade safe.
25th July Break above 145 may see 160 next level. Possible to cover the gap.
Look for more downside if Delta Air line trade and closed below the ascending support line + Delta Variant Cases spike. Eying around $35
Break below 100D MA. Eying on 200D MA around 78.6% FIBO
Bias on bearish due to delta variant Break below symmetrical triangle, eying TP @ $40/$38
27-June 2021 Eyeing to 50% Fibo @ around $220. Those circle in yellow is where by good price to accumulate
27 June 2021 Break above $22 will eye for $25/$28.50
27 June 2021 After huge drop in March, we are looking for technical pullback. Price forming a support around $38. If price above $48, we shall look for next resistance at $56
20-06-2021 In the past week, some of the inflationary pressure in the market dissipated with a major sell-off across the commodities complex. The Fed’s policy talk helped spur a surge in the dollar, which was part of the reason for the selling. But the first catalyst was a move by China to cool the hot commodities markets. Reuters reported that a Chinese...
20-06-2021 With I/R hike, it might make commodities/material sector turn sour. Looking for short term short trade. TP: $25-27
20-06-2021 Huya looking for sideway trading pattern. Good risk-reward trading counter. Tp: $21.35
20-06-2021 Gold miners are affected by the price of gold, which in turn is affected by interest rates because gold does not provide any interest or dividend income, and when interest rates rise, the opportunity cost of owning gold increases, making it a less attractive store of value. Looking to retest @ 1670
24-04-2021 Support @ $80 Bias on bullish. Biden’s Plan To Create Over 10 Million Well-Paying Jobs With His Clean Energy Initiative