NewbieTradingChannel

NewbieTradingChannel

DJI 13/11/2021 Will it be a descending triangle formation first before a new rally? Anyway 35.6k is an important support for now.

NewbieTradingChannel

Takaful 6/11/2021 Sometime doesn't mean that Technical Analysis is better than Fundamental Analysis , instead of spending time argue which one is better but why not both? When Chart is right, invest in good companies we can have our portfolio gain in a faster rate. Just stay calm and be patience. Chartwise Takaful break below 4.100 is already not a good sign for...

NewbieTradingChannel

S&P500 6/11/2021 Current rise really terrifying but we notice recovery stocks attracted some attention again on Friday. Lets see if Tech rests awhile and Recovery stocks take over the control

NewbieTradingChannel

Nasdaq 6/11/2021 16.2k first resistant zone , very close to resistant zone for now . For those who late to party maybe need to be cautious.

NewbieTradingChannel

DJI 6/11/2021 Erase some losses at closing but remain strong in chart . Can have a trailing support at 35.9k

NewbieTradingChannel

Nasdaq 30/10/2021 Personally predict the short term peak might be around 16k , this area should be achieved around end of january. Nasdaq 5/10/2021 by looking at the chart, Nasdaq is at the uptrend channel support area + earlier RST turned into SPT area but if want to confirm this , Nasdaq need to have a strong reversal bullish engulfing candle . It is not easy...

NewbieTradingChannel

S&P500 30/10/2021 Sometime market is really unpredictable , last month everyone still talked about Market Crash/Recession and today everyone is celebrating all time high . 4550 as a new support for now

NewbieTradingChannel

DJI 30/10/2021 DJI Breakout all time high , breaking above the major sideway trend. 35490 can be a strong support area for now. Next week we will have FOMC meeting , if everything are intact with market expectation , we should expect a good rally all the way until February.

NewbieTradingChannel

Shop 23/10/2021 Resisted by downtrendline , lets see if can go back to 1300 area. Shop 19/10/2021 - Reached the first resistant zone , short term maybe can realise profit first. Been a good ride ~10% SHOP 14/10/2021 Higher low formed in chart , 1480 first resistant area. Personally don't plan to let go this early, will hold first since it is a good company no...

NewbieTradingChannel

DJI 23/10/2021 DJI breakout all time high , but need to be cautious if a fake breakout .Next FOMC meeting in just 2 more weeks.

NewbieTradingChannel

S&P500 23/10/2021 At Resistant zone as well, expecting a pull back next week.

NewbieTradingChannel

Nasdaq 23/10/2021 14.5k is the support area but hopefully a sideway consolidation instead of falling back to the support area.

NewbieTradingChannel

JNJ 17/10/2021 Might not be many people interested on this but the chart is too good and worth to share out , You may set a trailing support at 154 , at higher low in uptrend channel . Sometime is good to diversify into other sector when they are undervalued.

NewbieTradingChannel

MSFT 17/10/2021 Time to say hello to all time high

NewbieTradingChannel

DJI 16/10/2021 After one month of panic , it is almost time to say "hello" to all time high . Can it breakout this time? DJI 21/9/2021 As in our report yesterday , market may not be bullish recently until a clearer picture from FOMC meeting . Chartwise standing above the horizontal support will be good.

NewbieTradingChannel

Nasdaq 16/10/2021 15100 , 15400 resistants Nasdaq 5/10/2021 by looking at the chart, Nasdaq is at the uptrend channel support area + earlier RST turned into SPT area but if want to confirm this , Nasdaq need to have a strong reversal bullish engulfing candle . It is not easy to know a bottom until a higher low is formed . Hence we still need to be cautious at...

NewbieTradingChannel

S&P500 16/10/2021 4545 all time high remained as an important resistant for S&P500 now . S&P500 7/10/2021 4278 low can be immediate low now , able to hold this low for 3 days now.

NewbieTradingChannel

TNX 9/10/2021 Ten Year Yield breakout from downtrendline but minimum impact on Nasdaq on Last Friday, investors might factor in the rise in yield for now. Yield might revisit 1.760