What's in my shopping list today !Here's a list of stocks, ETFs, commodities, currencies that I have went long recently :
Stocks :
Wilmar
Meituan
Geely
Beijing Airport
ZA Online
Baozun
NIO
Tencent
Yeahka
Lemonade
Amazon
Moderna
Tesla
Xiaomi
Stone Co
Baidu
Commodities :
Platinum
Gold
USOIL
Currencies :
EURUSD
NZDUSD
GBPJPY
Indices :
Nikkei 225
HSI
SPX500 (see chart)
Please note that this is not a recommendation to follow my trades as I would prefer readers to take time to understand their own trading/investment temperament, objectives , capital allocation, risk tolerance, etc before punching in the orders. Placing orders is a couple of minutes affair but what happened thereafter is crucial.
For example, you can see that for GBPJPY and NZDUSD, I have longed both pairs for quite a while, adding only occasionally though there were many opportunities to do so coz I need to allocate capital to other instruments that I am vested in. Again, how much to allocate in one product, I leave it to you to do your own research. Putting a % would be meaningless in this instance.
From this sample above, you can see that I am quite diversified in terms of sectors, countries, products,etc. So yes, you can say I am greedy in some sense, haha but in a good way, I assume.
Also, I am not able to filter find my commodities like copper , wheat, soy bean, etc in the search box as it comes up empty but if you go through the pages you would find them and I have also added some of those as well.
Once more, I apologised to those who are new to my trade posts and have enquired about certain stocks but I have yet to provide you the answers.
Have a great Friday , everyone and may abundance, peace and prosperity with all of you !!!!
Tencent
Tencent's pullback correction could be used as a sell entryTencent could pull back to the 23.6% fib retracement, after a strong sell-off session today. Technically, a pullback is healthier in the longer-term to gather more bearishenss downward. if we can catch that pullback, it will be a good sell entry to rider the bearish trend going forward.
Tencent might see further downside given more stricter scrutiny!China’s antitrust watchdog fined Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit over a pair of years-old acquisitions and said it’s reviewing an impending Tencent-led merger, signaling Beijing’s
intention to tighten oversight of internet sector deals.
The penalties come after regulators last month declared their intention to increase scrutiny of China’s largest tech
corporations with new anti-monopoly rules. Beijing in November unveiled draft regulations that establish a
framework for curbing anti-competitive behavior such as colluding on sharing sensitive consumer data, alliances
that squeeze out smaller rivals and subsidizing services at below cost to eliminate competitors. Shares in Alibaba
and Tencent extended losses and closed down more than 2.5%.
Naspers Buy-SignalAfter a very long side movement there is a new buy-signal at 177$. The goal would be 249$ now.
Naspers is a big south african company who owns 30% of Tencent.
Trump WeChat ban shouldn’t worry China tech stocksPowerful out performance in China tech unlikely to be undone by new Trump executive order
Tencent - 700HK
Does the stock price build a double top formation?
Will the stock price cross the previous valley low at HKD 511
If yes, the formation target price would be HKD 458; another 10% lower
There was already a double top formation on the weekly chart February 18
After a sharp decrease the stock moved sideways over several months