dchua1969

dchua1969 Updated 

The fun or frustrations about buying shares is if you get it right , you make profits. But it also works the opposite ways. The longer you hold your losses the more emotional you become, blaming yourself for the bad decision (impatience, wrong capital allocation, too greedy, not sufficient research, etc). One thing we need to know as investors is stocks do not...

dchua1969 Updated 

Depending on how you define A.I. I think most investors would be familiar with these 3 M.A.N stocks ; namely Microsoft, Amazon and Nvidia respectively. All 3 stocks have registered a gain of 44% (Microsoft), 40% (Amazon ) and 120% (Nvidia) since the beginning of this year, 2023. This article here: www.cnbc.com shows that not all countries are receptive to this...

dchua1969 Updated 

Read the remarkable story here Allocate your capital to buy/accumulate at different support level

dchua1969 Updated 

From its peak in Sept 2023, it has fallen 20 bucks and is offering its loyal investors to start accumulating again. The yellow zone on the chart shows the multiple support between price level at 124 to 127 and the rally that enfolds. I believe we are in the zone again. So, I will be awaiting for a nice pull back and start buying more of this company. They are one...

dchua1969 Updated 

In Apr 22, had you waited 3 months for the gap to be filled up, your joy is short lived as it quickly plunge down more than 40% until Jan 23. In Oct 22, the same thing happened. You went long and it quickly fell 20% until Jan 23. Very few people would have known the bottom was in Jan 2023, all these are on hindsight and then you go :"Had I known, I would have...

dchua1969 Updated 

After it breaks above the support level at 361.66, I decided to take a small position in this company. The question is will it continue to rally or maybe fall back down again? Nobody knows, we are all betting with a certain amount of probability , back by financial figures, story of the company to convince you that this is a worthwhile company to take a stake in....

dchua1969

The global demand for NEV vehicles will continue and automotive glass will be required to pair with each vehicle be it sold domestically or for export market. Let's see how it turns out in 6-12 months time........

dchua1969 Updated 

Now, it is always clearer when we have a longer time frame to plot the chart and it seems more common sense why we should buy later and not earlier. Bear in mind that the chart is constantly plotting its price movements and in December 2022, that was the picture shown and one has to rely on this to make a decision. Of course, if you are trading, then you would...

dchua1969 Updated 

We can see a similar pattern for Alibaba and Tencent shares in the daily chart. Both are in a consolidation stage and the resistance is hampering the price action to rally further. I am watching closely this level and any breakup with a bullish signal could be a potential trend reversal to the bullish side. Patience

dchua1969 Updated 

A few positive things did happen for Alibaba. The removal of Daniel Zhang and being replaced by Joseph Tsai. So far, I like what Jospeh has done for the company, making it leaner and removing excess fats that are stalling its growth. They have also started to declare dividends and shares purchase buyback, boosting investors confidence. We have seen the share...

dchua1969 Updated 

Alibaba, once the talk of the town some years back had suffered a lot of backlash with news saying the disappearance of Jack Ma, how he offended the government, rumours he retired in Thailand, etc. From the day chart, we can see a nice trend reversal pattern that is being played out with HL and HH patterns. This signify a trend reversal and it is breaking out...

dchua1969 Updated 

Personally, I would not advise using the leverage, 2x or even 3x Bear ETFs unless you are super confident and knows and can accept the RISKS involved. U win 2 or 3 x but also loses 2 or 3x, can you really accept it ? The question you should always ask no matter what indicators or gurus telling you, what if you are wrong ? Answer this question and not avoid it...

dchua1969 Updated 

A whopping 77% drop from the peak of 35.85 to a low of 8.50 in Oct 2022. It broke the first resistance at 14.26 and is now approaching the 2nd one at 16.88. If it breaks above with a bullish signal, I will add more slowly. It's launch of the Electric vehicle will give the likes of Tesla, BYD, Xpeng, NIO, etc a good run of their money. While the others are...

dchua1969 Updated 

The reason I like this ETF is the exposure to the HK Tech sectors , some companies I like but may not like enough to initiate a position in them. It's share price has been hovering at the 5.77 to the 8 dollar mark , a little boring and definitely in no time to accumulate. Refer to the list of Holdings

dchua1969 Updated 

If buying individual tech company proves to be a hassle, costly and too much research work, going into a basket of them like this ETF may be the solution. We are now in a resistance phase so wait patiently for it to break out with a bullish sign and then you can add some to your portfolio. Avoid the mentality of always wanting to catch the bottom like buying...

dchua1969 Updated 

Now with the ongoing war between Russia and Ukraine, will the Feds still consider the interest rates hike ? Will this war escalates the already skyhigh inflation rates further ? Or perhaps the Fed will use this news and temporarily halt the rates hike ? STI is still on a bullish move and I see this dip as a buying opportunity. How about you ?

dchua1969 Updated 

Plotting a line graph over this random 10 years period, we can see that if one invest money into the STI, he made a loss of around 26% (if he sells out but breaks even at best if he holds till now). Conversely, in the same time frame of 10 years, if he would diversify into US and invest in the SPX index (as often encouraged by legendary investor, Warren...

dchua1969 Updated 

Those who did not take advantage of STI index when it went down below 3000 , there is another opportunity. Likely, there would be a retracement to the right shoulder towards 3096 level before I think it starts to rally towards 3300 level. I am bullish on banks, some REITS and a few stocks which I have already covered. Please DYODD.