NASDAQ:MANH is building an great setup since March. I am personally setting a buy order once it shoot thru the all-time high @146.43
During the covid time, online good ordering became mainstream. One think which striked me was restaurants often time used a different platforms when they handle in-restaurant order and online order. Thats why you could see a lot of different terminals sitting next to the restaurant kitchen...because they would have to install one per delivery services...plus the...
In the low interest rate, post covid environment, ASX:CCP is enjoying the perfect environment to borrow cheap money to buy debt from major finance player. Looking at the price action, it typically took time to consolidate within a 8-10% range for 2 months and would leverage the next catalyst to breakout. The next level of resistance is just above $34 and look...
Costco just released a strong earning report which proved once again its business model could transcend good and bad time. If we looked back at the last three years, we could easily observe Costco shares often time dropped the week before earning release, and bounced right back up after. It happened in 2018, 2019 and just now before the earning last...
The market turmoil in Feb has eroded a lot people's bank roll, so as to the market cap of tech companies in general, some are extremely good ones. AMD has evolved themselves from the shadow of intel and became a key players in the IDC and mobile market...its last finance report has shown a lot of traits that they are on the uptrend to become more dominant than...
For those who do not live in China or have never been to China, you probably dont know about this company. HKEX:520 is actually the largest chain of hotpot restaurant in China. In their recent pre-release of annual result, they have declared the earnings has decliend by 90%...but yet their stock price didn't fall on that day...on the contrary it was a green day...
I am sure this is not the best time to make stock pick. But the market is actually not as bad as it may seems. If I look at my recent pick, actually only the china related stocks like BEKE/YSG are down because of the downtrend sentiment with nasdaq. If you look at my pick in ASX, all of the are still up since my recommendation, actually way up. One of the...
Groupon took a big hit in march 2020 when covid became pandemic. Ever since then it has developed a well formed upward channel to 30-40 dollar price range. It has always been in my radar for a recovery play but however I never press the button to open a position until recently it started edged up from $35-$38 just before its earning release. I was hoping the...
I have forgotten about NYSE:BA for quite sometime. But it attracted my eyeball on Feb 23rd when almost every symbols on my trading client are red, NYSE:BA appeared to respond very steadily. When I studied its price action further, apparently i has formed two solid bases during the last year, and it has also broken the downward trend line on Feb24 with a...
For all ARK fans here, if my math is right. ARKK and ARKQ together acquired a total of 3.8M shares of NNDM overnight, a total of $28M dollar, around 1/10 of this most recent direct offering?? While you could see from my chart (credit to this youtuber : Alien Tomato ) that Ark has been accumulating NNDM shares for the past month. And a deeper...
I have just written an article about YSG at my Buymeacoffee blog . So if anyone is interested in the fundamental thesis about YSG, please go there. From a price action stand point, YSG is forming a very young U-shape (well it only got listen for less than 3 months), all the MAs are trending upward and it has recently been stabilising and getting its support at...
Unlike many other of my recommendations, the price action of NYSE:BEKE is not as strong. It does not present any wedges, it also does not set an key support with high vol transaction, however there are a few observations which I really like about this stock: 1. Its trend line (10-20-50MA) have been consolidating around $64-65 price range for almost a month 2....
I seldom made any recommendation about companies in Hong Kong, but I just accidentally observe a great setup with HKEX:1299 which I think could be a great long target in short term. I dont think we need any introduction of AIA, one of the largestest insurnace giant in the world. Its stock price has trading within the same 20% range for almost a year. Since...
IN early Nov, I wrote about how ASX:CCP would recover and break thru. After a whole month of consolidation between 23-26 dollar range, it finally broke thru previous high of 26.62 with the news (hotcopper.com.au). On fundamental side, CCP is a debt collection company. its acquisition of the other company's debt, with a great price represented two catalysts...
The ASX market appears to be heating up. Following on my other thesis on ASX marketing such as ASX:APT , ASX:CCP and ASX:Z1P , the other pick which I expect to see a lot of actions is ASX:BET . There are a few catalysts for BET during the few weeks: 1. It has just completed a round of SSP with over subscription hotcopper.com.au 2. Its price action has started...
While almost every EV stocks are up to the moon in Nasdaq, so as some of the Lithium play on ASX. Looking at PLS, LYC and ORE in particular, all have been hitting the uptrend since Nov, matching with the Biden's winning of the presidency whom everyone knows is a big advocate of EV. But IMHO, we couldn't ignore the underlying imbalance of Lithium supply when the...
Z1P was once a payment darling just next to ASX:APT . But ever since the spark in Aug, its stock price has been consolidating down to $5 range. On the chart, it's fairly confirmed they have strong support at $5 range, and now they are issuing a public offering with issue price under the SPP is $5.29 per share, which encourages me to take a more bullish view...
NYSE:SKLZ is a newly merged SPAC which build paid tournament (or gambling) experience into casual online games. And ARK Invest, most specifically AMEX:ARKW , has just newly bought in their shares on Jan 4th and has added another 200K shares just yesterday. From a pure technical standpoint I am not surprised it would breakout from its all-time high of 23.87 on...