NimbusCapital

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Google along with Microsoft are the few Tech Companies that still have huge growth potentials. While it might be a little complacent to say "the only way is up", it would be more accurate to say "Up is the path of least resistance". However, as traders, the more important question would be "How much drawdown can we handle". We cannot trade with the expectation...

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Lower highs are in. The 2020 post Covid19 stimulus rally has failed to break 2019 highs. It is a lower high with respect to 2018 highs. Revenue and profits earning are declining despite the high level of debt. This means to say, debt is unable to convert to sales. Going forward in an increasing IR environment, this company might find trouble making sales and...

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There's one thing in common in the current tech selldown 1) Revenue-driven companies that have not seen any profits yet are diving down by more than >30%. These are companies that are striving for high revenue generation through high spending and debt. Think Crowdstrike, Door Dash, Lemonade, Peloton, etc 2) Profit-driven and cash-rich Tech companies such...

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The OG chipmaker raking in record profits and beating expectations! Upon the positive result announcement, the price gap up but closed with a slightly disappointing shooting star. Yet, Friday's (14 Jan 22) closing tells us that buyers are still willing to pay a higher price for TSM and the price manages to close at all-time high. Price technically close above the...

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Semcorp Industry got its happy ending after divorce from its toxic marriage with Sembcorp Marine. Price has been up ever since. In fact, we had a previous buy call back in April 2021. It hits our TP level of 2.20 back then, and it is now trying to re-test the resistance at 2.30 again. Whether it can break the resistance or not, we cannot say. However, as long as...

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My Humble Opinion on Tencent Currently, the price is in the consolidation zone. Note that the "consolidation" process is a neutral term. It does not have a bullish or bearish bias. It just means that there are BOTH buyers and sellers interested within that narrow range. Hence there is a lot of transactions for a long period. Over a period of time, either the...

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Tesla, definitely bullish after beating the production estimate. The price went up 13% yesterday. If a trader can make a profit just by chasing bullish candle/price action, then all of us would be a billionaire. Unfortunately, life isn't that simple. We have to account for any possibility of a price drop. Theoretically, the trend will still be considered up,...

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One of the top tier counters alongside Microsoft The "rebound" 167 is not really established support yet. That level can be still broken and the price could potentially head toward 160. Traders often make the mistake of prematurely calling "SUPPPORTTT!!!!" as soon as they see some form of rebound and then go YOLO. As long as the resistance at 181 is held, the...

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Meta {FB} have dropped 21% from its all-time high during the past 2 months of market retracement. Nonetheless, the uptrend and chart structure is still intact. We have a very strong hit of resistance turned support at 300. This price level can be a focal point for investors looking to enter or traders looking to work out their stop loss level. As long as this...

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Unlike my usual Trade setup, I have much more tolerance for my long-term holding that isn't just based on Technical alone. This is because I am usually buying in small batches on dips rather than placing a big lump sum at one go. Microsoft has so far shown strong earnings and fundamentals. Unlike other growth companies like NVDA or TSLA which have ridiculous P/E,...

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In Nimbus Capital, our entry strategy consist of a 3 point analysis. 1) Trend; Is the trend in direction of our trade? Is it an uptrend or downtrend now? 2) Chart Structure; Is the price at support? Or is it breaking out? 3) Candle; Does the candle shows bullishness such as a hammer or engulfing? In the cause of Nvidia 1) Trend; The main trend is up 2) Chart...

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Chips shortage is the talk of the town! Demand in Semiconductor is higher than ever. The current 30% retracement on Micron from its high at 96.5, is a great opportunity for investors and traders who are looking to get in. Lower revenue for 2019 and 2020 might seems worrying but, Q1 to Q3 2021 earnings hint that Micron is on the right path for recovery. 69.00 is...

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Even after a 47% retracement from its high, Tencent's uptrend is still intact. Currently, there is a support/resistance formed at 410 and 510 respectively. We do see a huge volume coming in within this price range yet, the price is still holding. This suggests that there is a huge demand coming in to soak the selling. As long as the price remains above the...

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Despite the recent 19% retracement from the All-Time High of 9.680 to a low of 7.80, iFast is still extremely Bullish in terms of a long-term trend. As investors or even mid-term traders, one's strategy should always account for such a level of retracement. The current support level is at 7.770 to 8.00. If you are looking to purchase at a lower price than the...

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From a long-term perspective, the low during Apr 2020 covid19 marks a higher low and creates major support at 2.50-3.00 level. Since then, prices have rebounded more than 60% and eventually hitting the resistance of 4.60. The price is now retracing lower and forming (seems like) a bullish flag on a smaller time frame. We have a few things to take note of...

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Struggling airlines have always been the target of bottom picking from Traders; simply because "It's cheap now!" But is the risk worth it? There is a saying in the stock market "Buy Low, Sell High". Sadly though, the reality is usually "Buy high, sell higher" or "Buy low, sell lower" We have seen from examples such as Sembcorp Marine that traders who chose to...

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A falling wedge pattern is forming. Volume is heavier at the bottom of the wedge which represents significant buying. While there is no way to tell how long will this falling wedge continue to form, but one thing is for sure, It will eventually head up! Average down WISELY! Emphasis on the word "wisely"!

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Amazon! Finally broke out from its almost 1 year long consolidation period! The good news is, look at Mar 2020, the Rally seems to be pretty strong after the consolidation. There is only one problem. You have to hold and be in position! From Jan 2020 to Mar 2020, Amazon does a very sneaky false breakout, then a false breakdown, then a true rally. During this...