Stock Market Outlook For 2nd Half of 2022 & 2023we could see another rebound in 2nd half of this year due to easing inflation rate.
july is uncertain.
Equitymarket
What is equity ?What Is Equity ?
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In stock market parlance, equity and stocks are often used interchangeably. Stocks and equity are same, as both represent the ownership in an entity (company) and are traded on the stock exchanges. Equity by definition means ownership of assets after the debt is paid off. Stock generally refers to traded equity.
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GOLDI feel like we have a few more days/weeks of this tight consolidation before another move, 50/50 on the fence here during various times of uncertainty in the markets alot of people claim to rush to gold, how ever often gold markets go with the initial move of equity markets and then can some times recover strong when the dust settles.
The current range I think has been defined and the key levels im watching now is 1765 and 1796 but wanting to see the volume spike before a rally with in the range to either the downside or upside.
Happy to enter at market with low leverage and wide stops to reduce being taken out early as i doubt we will get the ideal retest for a better RR.
At the end of the day I still feel gold is ranging with in the 1680 and 1920 level so not expecting fireworks out side of this small break just an idea of direction and a short term trade.
[TSLA] TESLA BUY SETUP ... TARGETING 950$. looking for strong bounce if price holds above 540$ & equity markets continue to go up.
[CLF] CLEVELAND CLIFFS INC. BUY SETUPif equity markets able to bounce again , clf shares can target for mid 20s.
stop below 12.00$.
SPX DO NOT SHORT YETas long as this "buy the dip" hype continues , this market still can run up for another 15 to 20%.
wait for breakdown & confirmation for bearish confidence.
good luck.
ONLY CASE FOR A GLOBAL DEPRESSIONthis is not what i'm expecting but , if global economy is really going into a severe depression phase , then stock market can run for more unrealistic valuations before it happens.
S&P500 Monthly chart alert!It is the last week of the year and I took some time to look at the S&P500 monthly chart.
Three things sounded alarms bells when I saw the chart!
They are:
1. Weekly chart indicators have bearish divergences observed as the S&P500 (see linked idea) as well as divergences in the monthly chart indicators over the last two years;
2. Monthly chart has a candlestick breakout pattern but the momentum is about 20% of previous monthly candle. This candle is also way out of the extended Bollinger Band range (using 2.2 standard deviations instead of 2 SD), as shown by the cyan lines. A very dangerous reversion to mean combi, if you ask me.; and
3. The lowest panel is the Net positions of Non-commercials and if you see clearly, the circled area is where there has been massive offloading into a net short position for the month of December. Combine this with the price action, this really appears to be distribution... at the top, at the all time high, at the over-extension outside a 2.2 Std Deviation level.
Projecting foraward... January 2021 should be heading for a new all time historical high, and then watch for the intraday, intraweek reversal pattern. We do need a trigger event, which at this point, appears to be something of a surprise. Hence, a sharp pullback may be in the order to the region of 3200-3300.
Oh... watch the VIX and the USD for early indications too.
Taken together... it is very ominous.
Caveat Emptor!!!
EQUITY LONG : CRBPFDA phase 3 failure led to a massive dump.
As we know, every reaction in the market is an over-reaction, so get in while it is cheap, or wait and see.
Maybe selling puts here could be the correct action.
Best of luck.
CONTRA PLAY SETUP! DEFINITELY A BUY SIGNALPRG reported profit for this QR, and from technical wise, i say it definitely a buy signal. From what i see, if you want to entry. You can que 0.205 for the best price. I think you can get the price tomorrow (10/7/2020). From the setup itself shown that you can hold atleast the price is touching EMA200. So your first Target price is 0.355.
However trader at you own risk. I personally think PRG can go above 0.400sen. But you need to hold and be patience.
PARLO ESCOBARThis stock is worth to monitor. Why?
Let know a bit about the background of this stock, the sound of the named like a drug dealer pablo escobar. However this stock mainly business is travel & tourism . Everyone in Malaysia should realised today, that our MOH did a great job in handling Covid-19 case. At this moment, Covid-19 is now maintained single digit for local cases, as report in MOH . So in the process of Malaysia recovery, we are expecting more good news for Tourism sector.
and take your guess? if the government announce another next news regarding full operation in tourism sector, who will benefits?
I leave the question to you.
IS LYC GAME OVER? OR WE SHOULD TAKE POSITION?Honestly, i love how the market currently rather than the last time when healthcare is so volatile like a kangaroo market. It almost 2 weeks since we see healthcare bundle volume in our market trade monitor. For LYC, i don't think it is over yet. For my perspective, it will only over once it break EMA200. However currently, LYC is supported by EMA200 and i say it attempted price to BUY. I would consider to BUY 315/320 for this stock.
My target price will be 0.405. for short. However, rumour say it can go up to 1.200. But who can see beyond the TA right? so stick to your trading plan.
ALL IN MY CASH TO THIS STOCKPA or P.A RESOURCE a manufacturer company that produce aluminium billets. it is category in metal sub sector. This stock is a super penny stock but there is something brewing for sure. In term of fundamental, this is not really a strong company to invest, however from technical analysis it is something we all should looking at, and take opportunity from the short term bullish for this stock. Plus, shareholder keep acquired the shared.
I would say, fair price to entry is 0.065. target price?
Im looking at around 0.120. But when you decide to invest in penny. Patience is the key for your success, and when you decide to BUY. BUY BIG!!
AIRASIA - NOW EVERYONE SHOULD BUYThere is a quote say, "Buy when others people are fear, and sell when others are greed.
This is the right quote to describe the current status of Airasia. Since the lockdown period airlines and tourism industry are the most effected. As expected, Airasia 2nd QR result will indicate loss because they are not allow to fly anywhere, when they mainly business is FLYING PEOPLE. Lol.
However, bare in mind. Among other Airlines in Malaysia. Airasia is the most strongest Airlines with buck of cash reserved. Not just that, it has won 10 times straight for the best low cost airlines. Airasia price used to touch above RM3 in share price.
So the bad of QR Result mean is the best time for you to buy and invest in Airasia. Take it around 2 years, your price probably worth RM2, atleast!
So we are looking for Airasia to drop somewhere near 0.810, however reserved some limit incase it might drop until 0.730. If this happen, average down your price. That how you will manage your risk!
