Jerm88

Jerm88

S&P 500 (2H chart) @ 6 December 2022 Drilling down to the more granular 2-hour chart, it's clear that the S&P 500 is at another make-or-break situation... - Index is testing the strong support (blue line) - Index previously rejected two strong resistances:- (i) mid-term trendline (red line) and (ii) long-term counter-trendline (orange line)

Jerm88

S&P 500 @ 6 December 2022 - Rejection of strong counter-trendline (orange line) - Last night, tested the previous Head-and-Shoulder's (blue line) Neckline (red line) If Index rebounds from here (and there's favourable news from the FOMC meeting on 15 Dec), we will likely see a break of the strong counter-trendline (blue arrow). I would be bullish for the...

Jerm88

Text me if you have any questions/comments for me. ----- ABB - After hitting an overhead resistance zone (orange highlight) at 5.10-5.50 levels, stock has retraced back to support zone (blue highlight) at 4.40-4.60 levels - Short-term average has crossed below (red circle) the mid-term average –> not a good sign - Stock has been trapped in a sideways movement...

Jerm88

Text me if you have any questions/comments for me. ----- In the last Market Watch analysis done on 2 November (red dash line), I wrote that I would avoid the big caps (eg. Blue Chips, ASX 200 constituents) while being more selective with my purchases. Since then, the ASX 200 tested and failed to break the 7450 resistance and is now falling towards the strong...

Jerm88

Text me if you have any questions/comments for me. ----- TLS - Previous analysis was done on 23 Sep (red arrow) - Suggested waiting for a successful breakout of $4 resistance before plotting entry - Since then, the stock retraced back to re-test the 3.70 support levels and slowly rebounded - Today, it successfully broke out with above average volume - Next...

Jerm88

Text me if you have any questions/comments for me. ----- SHJ - First time doing an analysis on SHJ - Stock doesn’t have a good history of strong volatile uptrend, but it does respect the short-term support a lot - Recent retracement back to the short-term support is a good sign - R is less than 10% - Strategy-to-buy (DYOR) – Suggest plotting entry if believe...

Jerm88

Text me if you have any questions/comments for me. ----- KAR - First time doing an analysis on KAR - Stock doesn’t have a good history of uptrends - The good uptrend only started during the covid pandemic in March 2020 - The recent retracement back to the short-term support could provide a good opportunity for entry - A successful rebound look to be around 1.88...

Jerm88

Text me if you have any questions/comments for me. ----- IMU - Previous analysis was done on 4 Oct (red arrow) – suggested waiting for a successful rebound around 47.5 cents before plotting entry - Since then, the stock has created a new high, retraced, and looks to be rebounding off the short-term support - If have taken the entry suggestion, you should be...

Jerm88

Text me if you have any questions/comments for me. ----- CMM - Previous analysis was done on 2 Nov (red arrow) – suggested plotting entry at 2.65 levels if believe the stock can create new all-time highs - Since then, the stock created a new all-time high and looks to be retracing back to the short-term support - If have taken the entry suggestion, you should be...

Jerm88

Text me if you have any questions/comments for me. ----- AZL - First time doing an analysis on AZL - Stock doesn’t have a good history of uptrends - Since stock IPO-ed in 1990, it has had periods with sudden exponential price movements that can give very good gains and very bad losses all in a short period -> not a stock that would fit conservative...

Jerm88

Text me if you have any questions/comments for me. ----- AEF - First time doing an analysis on AEF - Has a good history of strong uptrends - Looks to have a strong support at the short-term average but occasionally retraces all the way back to the mid-term support - Recent price action looks to be a sideways consolidation instead of a retracement - Another test...

Jerm88

Text me if you have any questions/comments for me. ----- ABB - Previous analysis was done on 17 Nov (red arrow) – suggested waiting for a successful breakout above 5.30 levels before plotting entry if believe the stock can create new all-time highs - Today’s price action is accompanied with above average volume is proving to be a successful breakout - Price is...

Jerm88

Text me if you have any questions/comments for me. ----- LOV - Previous video analysis was done on 10 and 11 Oct (red arrows) – suggested waiting for a successful rebound around $21.50 before plotting entry if believe the stock can create new all-time highs - Since then, the stock has successfully rebounded and has created a new all-time high - Stock is...

Jerm88

Text me if you have any questions/comments for me. ----- IMD - Previous analysis was done on 9 Nov (red arrow) -> suggested waiting for a successful rebound at 2.90 before plotting entry if believe the stock can create new all-time highs - Since then, the stock has rebounded and created a new all-time high on 15 Nov - Today, stock has retraced back to the...

Jerm88

Text me if you have any questions/comments for me. ----- CBA - Previous video analysis was done on 13 Oct (red arrow) – suggested waiting for a successful rebound above $109 before plotting entry - Today, the stock gapped down below the short- and mid-term supports - It closed below the strong psychological support of $100 - Coincidentally, today is the 4th...

Jerm88

Text me if you have any questions/comments for me. ----- ABB - Previous analysis was done on 4 Oct (red arrow) – suggested waiting for a successful breakout and a better setup for entry - Since then, the stock has consolidated sideways and today is breaking out with above average volume - A successful breakout looks to be above 5.30 - Stock has a long history...

Jerm88

Text me if you have any questions/comments for me. ----- WES - Previous analysis was done on 1 Sep (red arrow) -> suggested waiting for a series of HHs and HLs - Since then, the stock tested the $54 support and has successfully broken through the short- and mid-term resistances - HHs and HLs are starting to form, and this is good - The stock is testing the $60...

Jerm88

Text me if you have any questions/comments for me. ----- RNU - Previous analysis was done on 15 Oct (red arrow) - Suggested waiting for a successful rebound before plotting entry if comfortable with high price volatility and strong overhead resistance - I also mentioned that if stock doesn’t recover to around 15 cents, the stock will likely break below the 12...