dchua1969

dchua1969 Updated 

Read latest news here , Strong Q1 revenue that beats analysts estimates (3.18B actual vs 3.09B forecasts) No. 3 player in the Cloud space in China , aggressively acquiring market shares Established its presence in autonomous driving with 100 Apollo-powered autonomous vehicles that are deployed across 17 cities in China Competition -Bytedance with its...

dchua1969 Updated 

I was too naive to think that after reviewing 10 to 20 charts and seeing a pattern where price bounce off from support and retrace from resistance, I formed a bias view to buy at support and sell at resistance. Of course, over the long haul, my results proved that I was wrong. On certain occasions, I would like to think I probably enjoyed a stroke of luck to get...

dchua1969 Updated 

There are plentiful of trade calls daily on the internet and every trader/investor , media, hedge funds, bankers, etc are trying to convince you with their story why you should buy or sell a particular stock. This is one of them; Simon Property and a follower asked me my views on it. First thing first, I have not dabbled in any REITS thus far, being too late...

dchua1969 Updated 

Generation Z lives in a internet connected world the time they were born. They are heavy users of social media, apps and live streaming, a business that many tech/gaming companies are after. Momo with a Tantan app is like Tinder in the US except this caters for the Chinese market. We can see from chart, it has broke out of the bearish trend line with a nice...

dchua1969 Updated 

short term - it could retrace to the bullish trend line. long term - higher probability of it hitting 1.98 and 2.40. As I begin to get enquiries on my opinion on different stocks, ETFs, etc , please note that what I am offering is NOT a trade advice but merely additional information you can used for reference purposes. Trading/investment can be risky so always...

dchua1969 Updated 

see chart

dchua1969 Updated 

Have you ever wondered what are some of the reasons that you failed to make money in trading/investment ? If you think it has to do with the size of your capital, strategies and trading opportunities, read on. Here are some common sins that I can think of and hope you would learn from it : 1. Envy While having lunch with your friends/colleagues, they boasted...

dchua1969 Updated 

If you want to dabble in an agriculture stock and have challenges identifying the specific company to invest, an ETF maybe a good option to consider. Take for example, DBA where it holds a variety of different agricultural products so that you have exposure in all of them without buying into individual companies. DBA was at its peak at around 44 dollars in Feb...

dchua1969 Updated 

EURUSD is now facing a catch 22 situation, to break out of resistance at 1.1433 or have a healthy correction back to 1.1199 before the bullish trend continues. DXY has a bit more to go to revisit the 95 support level before it reverse gear to a bullish trend. So, if you have to trade this pair , you may want to wait for some confirmation first. Tonight, the ECB...

dchua1969 Updated 

Whether we like it or not, behind every decision we made, be it trading or in other aspects of your life, our decisions are always based on a set of emotions. Reasons offer a false sense of control of the situation. We do things because it gives us pleasure (love, being accepted, respected, etc) or if it avoids pain (stress, anger, regrets, anxiety, feelings of...

dchua1969 Updated 

You can see Gold is now trading in a sideway market which present opportunities for both bulls and bears. So, since I am a Gold bull, I would seize this opportunity to add more.

dchua1969 Updated 

The buyers are far more aggressive than the sellers in SPX500 for now. After 3 attempts of failed breakout, it succeeded on the 4th attempt albeit a short one and then breaks out again on the 5th attempt. Much like the trekker on the mountain, the higher altitude you climb, the steeper it gets and the slower your pace will be. But it is still on the ascent and...

dchua1969 Updated 

Read about this stock here When I look at the weekly chart, I was shocked to see that in 2004, this stock was at a high of nearly 1200 dollars and a decade plus later, it is struggling at barely 0.05. This is way too scary !!! It has gone up too fast too soon and if I have to buy, I will wait for it to pull back to the price range of 9.02 to 13.09. This stock...

dchua1969 Updated 

News like this drive the buying frenzy! Chart tells me the parabolic price cannot be sustained for long , it has to correct somehow. When ? I don't know, maybe it continues its crazy ride up....... Let this boat go, there are plenty of boats still at shore that promise you a good time out there. You don't have to insist on catching the Tesla ride. It is way too...

dchua1969 Updated 

Read here and here

dchua1969 Updated 

see chart

dchua1969 Updated 

Buy low Sell High - If you follow this golden rule each and every time, then your risk reward ratio will be excellent and you need only a few trades to make the returns you desired. BTCUSD has now presented such an opportunity to sell High. It has already broken down from the bullish trend line. We can see multiple attempts to break out higher around the 10000...

dchua1969 Updated 

From trend analysis, it is still riding strongly on the bull trend. However, there are some factors that I take into consideration to either exit , take more or all profits and adjust stop loss. From the March low , NASDAQ is the best US index , out beating SPX500 and DJIA with 54% profits. Here are some reasons that I am getting a little cautious about this...