dchua1969

dchua1969 Updated 

First, read some news about this company here Chart wise, it is precarious to go long for now as it is at an inflection point - a symmetrical triangle that can goes either way. Note that is a gap to be filled at 35-40 level so if the price does break down, we can expect this level to be retested. I can understand the thrill and excitement of buying such...

dchua1969 Updated 

In Singapore where I lived, the influencers online are mainly congregated in Youtube or FB Live. But in China where billions of people lived, there are many more live streaming channels that these young, trendy influencers used. Here's just 3 of them among the many. And Covid-19 making more people stay at home has been a catalyst for this live streaming...

dchua1969 Updated 

Short this , expect volatility over the next few months ahead ......

dchua1969 Updated 

In my opinion, it is a resounding YES ! Please refer to my updated SPX500, Nasdaq and DJIA charts later and you will see that the bulls are getting exhausted as the climb gets steeper. Nasdaq , offering the best returns thus far is registering an ascending wedge pattern and the price action is consolidating within a tiny wedge before it breaks down. Rightfully,...

dchua1969 Updated 

Read this news here The 3 telcos that dominate the telecommunication market in Singapore has awarded the 5G contract to Nokia and Ericsson. I am quite optimistic on this Company. This will be a long term play, one that you can buy and keep in the drawer for a while.

dchua1969 Updated 

I am talking about the professionals , of course. 20-30 years ago, gaming was hardly in fashion, less to talks as a trend. Now, the youngsters all want to get involved, chasing the gamer's dream. And that of course make the gaming companies like Tencent , Actvision Blizzard, etc produce more games for them. Will be adding long later. Note, the temporary ceiling...

dchua1969 Updated 

SPX500 has been riding on a high since its strong rebound from the bottom . Would this V shape recovery be over for now ? Let's leave the forecasting and prediction to the expert. Chart wise, we are seeing a break down of the bullish trend line and expects price to remain choppy over the next few weeks/months. The key level of support, 3000 if taken out, we...

dchua1969 Updated 

Declaring a lockdown is not an easy decision as President Trump and his administration needs to consider the ramifications it has on its economy. Already, a painful lesson is smacked right into their face with increasing number of new cases as they started to reopen the different states. But, with only 4 months to go before the re-election, what else can he do...

dchua1969 Updated 

It has reached a high of 13,942 from 8 June to 24 June without able to breakout higher. This calls for a short term sell opportunity. Expect it to break down from the bullish trend line and heads towards 13,337 over the next few weeks. This discount will present a great buying opportunity for those who have yet to come onboard China index.

dchua1969 Updated 

We are seeing a bullish flag pattern on the 4H Silver Chart. If my analysis is right on the US indices falling over the next few weeks to months, then we can expect more inflow of funds to be shifted towards Gold and Silver. I will be awaiting for the breakout to happen before deciding to add more.

dchua1969 Updated 

Read about this company here and here I see a lot of potential in this company that leverages on tech to spearhead its business to the next level. As disposable income gets higher in China, more people will want to buy protection for their assets and plan ahead for the next generation to take over the business. Already, China is at the forefront of digital...

dchua1969 Updated 

The recent bad news that hit FB has caused the price to fall by more than 10% last week. OUCH. Note that the important resistance level at 223.67 that has been taken out on 20 May 20 and turn support has now been breached. Here, if the price does fall through the bullish trend line, then we can see it heading towards first 216 then 174. If you want to short, be...

dchua1969

The inner conversation that most traders would said to themselves when they see others make money from trading , be it forex, futures , commodities, cryptocurrencies, etc. Buy Low, sell high. That's logical. Use this moving averages. Looks simple on chart. buy above it , sell when it is under. Add RSI - Above 70 means overbought so sell and below 30 means over...

dchua1969 Updated 

Watch CNBC live video here Unless you know what you are doing or have holding power (apply both to long and shorts), Muddy Water Research shorts is now nearly 100% in paper loss from its short entry position at 29.20. Now, we can leverage on this article and make use of simple pattern, support, resistance and trend lines to help us. On 1H time frame, we can...

dchua1969 Updated 

See chart

dchua1969 Updated 

USDCAD on the day chart appears strong and could breakout from the bearish trend line and heads up towards 1.38307. Wait for the breakout, establish bullish signals patterns before taking your long position.

dchua1969 Updated 

The Silver chart shows it has broken out of the resistance at 17.61. It can either continue to go up from here, tracing the bullish trend line OR corrects itself to possibly the next level of support at 16.83. Once it is resting at 16.83 level, await for the next available bullish signals before going long.

dchua1969 Updated 

Come this Friday , 19 June 20, Singapore will enter into Phase 2 of its economy reopening. The major news would be shopping malls will be reopen to the public once more. Will there be a r evenge shopping frenzy like we see in China ? If the footfalls is likely to increase too in SG, then the rate of shoppers hopping on to the taxis will be high, giving a much...