dchua1969

dchua1969

Unless you have been hiding in the rocks, most people would know what President Trump has done to the world at large. The social media is full of half truth, fake news and sensational news, to the advantage/motives of certain groups of people. That is why you always read it with a large dosage of salt, laugh it off and do your own critical thinking. I know is...

dchua1969

The price action has proven that the rally is here to stay......having broke up the resistance line yesterday ! Wait for a pullback and I believe the rally will continue........ Please DYODD

dchua1969

The bullish trend line has been broken in the daily chart as seen. This is a good risk reward ratio. Please DYODD

dchua1969

No assets seems to be spared in today's investment world from stocks worldwide to commodities and certain currencies. I expect this move for BTCUSD this week. Please DYODD

dchua1969

So, i have 2 more levels to DCA when SPX index comes tumbling down............. Please DYODD

dchua1969

Yes, it is one thing to say be greedy when others are fearful. So, I have just nibbled the tracker fund 2800 ETF as it touches 21 price level. Using the HSI as a base chart, there lies a possibility of the price to revisit the support line at 19,961. Too many retail investors/traders want to TIME the market , buying exactly at the support level or sell at the...

dchua1969

I am closing my short position on this index and will switch to long position soon. Weekly chart shows strong support at the purple line indicated and with a strong bullish candle reversal pattern. Please DYODD

dchua1969 Updated 

Well, had you bought it at the support level, good. Fret not if you missed it. For those who are more risk averse, you can wait for the breakout of the bearish channel first. Please DYODD

dchua1969

Wow, this is going to be making history! Since the late 90s to now, we have finally break the 4000 price point. Question is will it continue to rally higher and break out of the channel? With the 3 local banks taking a lion share of the index and they have been enjoying a superb rally more than 12-14 months , a pull back will be expected. The SG government is...

dchua1969

This is not financial advice. From chart , you can see it has dropped more than 25% from its peak and I expect more price falls to the level , 144-147 . Here, I would be happy to accumulate more.

dchua1969

First thing first, congratulations to those who bought this ETF at the beginning of 2024. It has since climbed 70% from the bottom to the current price. Now, we are at an inflection point. With an ambitious 5% GDP target and 2% inflation rate for 2025, the whole world is watching China for more stimulus plans to be released. Property market, once the darling...

dchua1969

Hopefully, I won't get any Nvidia bulls to attack me on this post, haha. I guess not since I am not an influencer nor this post serves as any financial advice. Read it with a huge pinch of salt and more for entertainment purposes. Go take a look at the monthly chart and you will see its parabolic 90 degrees move since 2022. Like an IPO price movements, such moves...

dchua1969

A follower sent me this and asked if he can still LONG the USDIDR pair. jakartaglobe.id If we look at the weekly chart, we can see the first peak was in 1998, then 2020 and soon, possibly and most probably will hit the 17000 psychological level. What happens after that ? I dunno, that is the truth. If it is certain to go to 20,000 or more, then I would sell...

dchua1969

Per Reuters, Vietnam is poised to grow at 6.5% to 8% for 2025 target. This is much higher than China of maintaining at 5%. Does a higher GDP growth translate to one parking funds to this country? Let's take a look at the VNM ETF. We can see since 2010 it has been heading south and has not yet recovered. That is 15 years , a very long long time. Almost more than...

dchua1969

Yes, that is what the media wants you to believe. For God's sake, if they can predict the market moves , why are they where they are ? Haha......Negative news always attract people to read the news, ie. viewerships rate going up which translate to better revenue for the company. It's all about the money, who cares if the market goes up or down. So, with that as...

dchua1969

Now, from being ostracised by the Central government to being in the limelight after 3 years, we are now seeing Alibaba returning to stage once again and capturing the hearts of "love and hate" retail investors. Those who had bought it around 200 price level back then would be relieved in some way to see the share price slowly inching back to their purchase...

dchua1969

In today's inflationary environment, every cent counts and people are getting smarter and wiser when comes to traveling. I have heard of parents who plan their travels years ahead to enjoy the cheaper air fare, hotel fares and even exchanging the currencies along the way. A quick look on some of the popular Asian countries shows that Japan by far remain Singapore...

dchua1969

I first discovered this stock somewhere in November last year when my daughter and I were out shopping in town. We came across its retail shop in Orchard and went in to take a look. I have never seen such toys before and were amazed more by the crowd than anything. They were mostly teenagers and long queues were forming when we left. Days later, I went to a...