Bias more on upside. 16 April 2022
Silver May kick start it uptrend after consolidate since the previous breakout.
Resistance: $30
Immediate Support 24
Support 21
Pta
Bias more on downsideResisted by 78% Fibo with shooting star candle.
Bias on downside.
1st minor support at $35, break below will see $30 at next support level at 50% Fibo
Bias more on upside. 27th March 2022
SATS part of the business is to provide flight catering. Since country open up, all related to Travel Sector will be benefited from it.
Once it break above the flag channel resistance, we may see next resistance at $4.60 and may hit jackpot at $5.16 (78.6% Fibo) to complete the flag patten
Bias more on upside. 27th March 2022
Since the long call given on 05th March 2022, Nat gas have hit our $5.50 resistance mark.
With the strong green candlestick, we will continue to hold on the bias uptrend (Ride with the trend, RWTT) and shall see next resistance at $6.30
Bias more on upside. 27th March 2022
Good news that Singapore has finally removed after 10:30pm no alcohol restriction. This may bring good news for people who love to drink and may bring even better news to alcohol supplier.
From weekly chart perspective, we can see that Thaibev is stuck at the breakup/down conjunction. However, with the news, I'm bias more on the upside.
First resistance, 50% Fibo at $0.73, if break and closed above, we shall see next at $0.78
Super bullish from both Fundamental and Technical perspective
Based on historical chart, we can see that during GFC in 2008/09, SIA Engineering drop to the lowest point to $1.48 and closed at $1.87 in March 2009 on the monthly chart.
During Covid-19 Pandemic, SIA Engineering dropped to $1.48 once again and slowly supported between $1.48-$1.90.
Since then, it continue to climb up (recovery) since Covid-19 vaccine slowly introduce, country open up.
However. last week, based on Singapore PM Lee speech, open up Singapore and Singapore border, this will be a good news for the economy and some sector will perform outstanding.
From the surface Fundamental + technical perspective, I'm confident with the bullish in SIA engineering.
March 2022 is ending soon. if the candle able to closed above $2.4, above 23.6% Fibo from the swing high to low, we will be seeing $3 as the next resistance.
Bias more on upside. 20th March 2022
Green solid bullish engulfing candle in weekly chart.
Eying next resistance at $11
Sideway trending but bias on upside20th March 2022
Watch out these level: 14200/ 14500/ 14800.
Must break and close above 14800 to show some good bull sign. wait for signal.
Long when pullback20th March 2022
KWEB (Chinese internet ETF)
Since China says it will support Chinese IPOs abroad, calls for closure on tech crackdown last week, we can see most Chinese ADR shares shoot up. If KWEB fall below $20, will not be a good sign.
Otherwise, this ETF is good to enter for long term investor. As for trading, long whenever it pull back.
Support at 23.6 Fibo20th March 2022
Previously, I mentioned to eye paypal at around 70-80. However, a good decent support level form at 23.6% Fibo.
Decided to long at this area and SL below 23.6% Fibo
Eying at $135 next resistance level once 120 give way.
Bias more on upside. 05th March 2022
Gilead 56 final support.
worth to take risk price between 56-60
TP64 & 68
Nimble safe
Bias more on upside. 05th March 2022
Mentioned in the group.
Commodities trader may wish to pay attention to Natural Gas. We can see that Crude Oil, Wheat (SPIKE), Heating Oil (SPIKE) all spike up but not Natural Gas. Lagger Commodities next?
Next resistance: $5.50
Good passive incomePriceSmart is more for passive investor who love to collect dividend.
At current tension and rate hike environment, they increase they dividend payout.
From chart, we can see a breakout based on weekly candle.
$75 is a good inflex price level. (Support/Resistance)
Bias more on upside supported by 40days moving average27/02/22
Doji candle form at 50% Fibo supported by 40days Moving Average in weekly chart.
If next few candle support around 50% fibo area, this will determine a strong support area.
Otherwise, we may see $44 as next support
Bias more on downside till March27/02/22
After panic sold off due to Russia-Ukraine War, market rebound back on last Friday with over 800points. The rebound might be due to FOMO (Fear of missing out). Trader/Investor jump in to buy the dips.
From chart perspective, we may see the upside hype continue unless Russia decided to use FOAB (Father of all bomb) to cause another wave of panic. Watchout for few crucial level:
34k, 35k, 35.6k.
Besides the war tension, we have to pay close attention to upcoming economy data which may have an impact on the rate hike decision.
Price seem well supported. Bias on upsideARKK ETF used to be best performing ETF in year 2020. However due to rate hike situation, most of the innovation companies invested in this ETF question by the capability to survive. Therefore we can see a huge drop thereafter.
However, the price have dropped more than 60% since it peak in Feb 2021 supported by 23.8% Fibo..
We are looking at two price level between $50 - $60 for its rebound. If price fail to support between these two level, we may see around $35+
Bias more on upside after break 1930Remain bias on upside.
Break above 1930 may see next level at 2000
Bias more on downside with 2130 as resistanceClassic support turn resistance!.
Resisted at 2130, supported at 1900
Break below 1900, we shall see 1750/1700.
Bias on downside.
Supported at 210-22006/02/2022
FB gap down last week and supported by 200days MA in weekly chart.
Looking at stable support around 210-220 before picking up.
May see future drop in the coming week.
Bias more on upside. 06/02/2022
News: Amazon is exploring offer for Peloton and shares surge 30% after market.
Peloton's sales boomed during COVID-19 lockdowns, with many snapping up home fitness equipment. But its fortunes began to fade as vaccinations increased, gyms reopened and rivals offered competitive products.
In November, it hinted that demand for its exercise bikes and treadmills was slowing faster than expected, and its market capitalization since then has shrunk to about $8 billion from a peak of nearly $52 billion in early 2021.
Source: www.investing.com
SL: 18
TP: Break above $35.50 may see $50 next.
Bias more on upside. 30/01/2022
Revisit Chargepoint after stop out at 17.
As I mentioned, try to avoid company which is not generate earnings at the moment.
Thou CHPT might be one of them, however with all the EV cars, and comparing CHPT to among the peers, it seem more potential for this counter.
Besides, JP Morgan upgraded them to overweight with $20 as the target price in 28/01/22
Break below 200D MA. See next SupportPrice is supported by 200days MA in weekly chart but is also resisted by 40days MA.
Bias on downside, once 200days give way, we shall see 99/88
