Silver hit the previous resistance turn support Passive Target @ $30 Aggressive Target @ $32.50
if break below 30k, it show weakness signal
H&S neckline support price at $68. However price was supported and did not break below. See more upside with decent volume
With the hype on Solar industry, we shall see JKS start to be bullish after 3 month consolidation and bounce from 100D MA.
Good spike + volume on Thursday. Looking for more upside.
With the increase of crude inventories and curb fuel demand + Resistance from the chart, we expect the price continue to retrace
Using Nikola as an example, people may divert their attention to EV Truck now with the hype of EV. FOMO traders may flock back into Nikola. However, Im into similar company. (Shared with closed group only) High risk to long, if you are willing to take the risk, reward come later
After price reached $50-$52, with the resistance, with Covid cases spiking and lockd=down in Euro, China and US, might see some price correction.
Long with the hype of Cannabis industry. TP provided.
Printing $$ will weaken the currency. But not to forget that New president Joe Biden with his infrastructure plan, will help to boost US economy. With the demand of US dollar, will DXY continue to trend downward and break $88? We shall see the strength in the chart.
We are in the inflection point. The circle area is the resistance since 2007. (Before GFC) Will this area turn support? We shall see on coming Thursday. If after Biden reveal the stimulus package but dollar did not plunge below $88 and support within the circle area, we should see some strength in Dollar.
Waiting for next week candle to decide
Mid-Long Term trade TP $1.16 (Revised along the way) SL. $0.89 (Long term Investment can do dollar averaging) If break down $0.70, must cut based on TA
Good Earning, Good cashflow and the weekly chart is showing inverse head & shoulder pattern. TP $33.
ride with Covid-19 Vaccine news (Related) Looking good to long
MAS award digital full bank license to the Grab-Singtel consortium on last Friday may boost investors confident on this all time Singaporean favorite shares again. We are looking at first TP: $2.50
Do not forget this counter. Good defensive counter.
Weaken dollar (break below $92) Crude oil raising. High chance USD CAD will break below 1.3 Trade Safe.