NewbieTradingChannel

NewbieTradingChannel

VIS 24/7/2021 Rising Flag is a bearish sign , just a rebound here. Volume also reduced as compare to earlier rise , however short term there might still have some upside. Using the Rising Flag lower line as your support .

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Revenue 24/7/2021 Sideway pattern pending for a breakout next week. Can Put in your watchlist

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Unisem 24/7/2021 At resistant line but momentum still good 8.500 is the next resistant area.

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Technology 24/7/2021 88 resistant area should not be a problem for now , but 92 area is an important resistant to take note of next week . The question comes out from you should not be can breakout or not , but can hold or not this resistant area.

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Technology 17/7/2021 Despite the weakness signal in Nasdaq and the Semiconductor indices, but Malaysia Technology Seems some hope to breakout from the downtrend channel? Can the divergence continue? Next week will be very important for Technology Sector.

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KLCI 17/7/2021 KLCI may have a short term rebound/rising wedge before visiting 1450 area.

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SOXL 17/7/2021 36.59 support seems cannot hold here, next might be at 33 area.

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DJI 17/72021 Double Top resistants , main support at 33.2k

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SP500 17/7/2021 4246 first support area

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Nasdaq 17/7/2021 Chart turn weaker here, strong support at 13.9k

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NVDA 11/7/2021 Nvidia have to be cautious right now , the gap down earlier in a strong parabolic curve might signal some short term peak.

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Nasdaq 11/7/2021 Despite a heavy drop on Thursday , Nasdaq able to recover most of the losses on that day closing only - 0.65% and Friday has been going up again is a good sign but 14.9k - 15k remain a strong resistant area.

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SBUX 10/7/2021 118.52 is the first resistant area. If able to breakout all time high will be better, target at 123.60, 127. Slow but steady business

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BAC 7/10/2021 Rebounded from support area, can monitor closely if this breakout from the sideway consolidation.

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AMD 10/7/2021 The bearish engulfing happened on Thursday has terrified some of the investors but looking from chart it dips to the resistant turned into support area. If 87.45 doesn't breach this might be a wash out before rally to the previous high.

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TSLA 10/7/2021 Tesla seems forming an uptrend channel here, well supported at 630 area . The main downtrend resistant line is broken for now , but 700 still played as a strong resistant line .

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AAPL 10/7/2021 Follow up the drop on Thursday , Lowest at 140 . If this area can hold , likely apple is going to breakout all time high and rally to next resistant level close to 153 area.

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Dnex 10/7/2021 For a good trend , the symmetrical triangle shouldn't be broken. Supports now at 0.635 , 0.560 .