Hong Fok (Bad Boys had knocked everyone's socks off)View On Hong Fok (28 Aug 2020)
It has hit strong "support" region of $0.65 right now and we are seeing some bullish price action with it too.
It may spill some bullish move in the near future and it can swing back up to $0.69 or even higher.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Cnmc Goldmine (Not All Glitters are Gold)View On Cnmc Goldmine (13 AUG 2020)
This is one fine case that shows, there are many buyers on one side.
We are seeing $0.3 as a decent support and it may swing lower to $0.285-$0.29 region.
No hurry to buy in just yet.
You will need to wait for a STRONG Bullish candle to show up, before stepping in again.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
China Aviation (In Search For Yield)View On China Aviation (26 AUG 2020)
We are in the inflationary environment and people are in search for yield.
We are seeing some BULL (pumping action) and it can continue.
$1 will be an easy target. let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Trading Strategy For Jiutian ChemicalTechnical Analysis
1. Trend Analysis
overall Downtrend
2. Indicator Analysis
SMA 5, 10 on daily is too far away from trending, will result in possible retracement (bearish until retracement)
William %R shows its very overbought.
Volume-> sudden surge in volume could result in great pump and dump
3. Trendline Analysis
Broke above (Teal ) trendline ( Bullish)
Resistance at (green) Trendline ( Neutral)
4. False breakout possibility
An indicator would be in the red circular circle @ Mid nov 2017 would be a rough gauge and projected forward for additional allowance of false breakout .. key level would be at 0.070 ~ 0.071
5. Candlestick analysis (weekly)
Three white(green) soldiers indicating good strength and momentum therefore weekly closing would be very important to see if a break is possible
Trading Plan
I would be expecting Jiutian to fall back for retracement at the teal trendline which also happen to be 0.382 FIB @ 0.029 Pricing then forming a greater upward to test the key level of resistance 0.070-0.071
Entry: 0.029 for re-test of teal trendline
SL: 0.016 pre-breakout level
TP: Start trailing your TP towards 0.070- 0.071
It may hit and have a strong selling
ASPEN doing healthy retracement ? ASPEN retrace after hitting Fibo target at 0.36.
Looking at relatively lower selling volume, i expect 0.24 will hold.
I consider this as healthy entrancement or profit taking.
Cut Loss if close below 0.235
If able to stay above .24, ASPEN should be able to hit 0.44 target.
Are the gamblers back to the casino ?Read the latest news here
You can say that the Covid-19 has hit the travel and tourism business hard, real hard. Those who have been to the casino knows the atmosphere is different from betting online. It is not just about the winning but the ambience, the people, the light and sound all curated into an exciting place for people to try their luck.
I dunno if people gather in groups to bet online but I doubt so. More likely, the gambler will have to be on his own, using his laptop, mobile phone, etc. It just does not feel the same :(((
With a large junk of revenue lost through the casino, the entertainment related businesses like the theme parks are also affected.
I won't be too eager to get into any travel, retail or hospitality stocks/reits at this juncture as we see news of dividends being slashed. Yes, the price may appear low and cheap but cheap can get cheaper.
Will I want to short this stock ? Not as well since the risk/reward ratio is not that fantastic and moving into Q3 and Q4, we could potentially see a new vaccine being developed which could provide a short term boost to the stock price.
Those who are keen on short term trades may want to wait for the support at 0.685 to be broken down before initiating your short position.
Trade safely!
Trading Strategy for Wilmar1. Trend Analysis
Trading range to breakout higher in channel
2. Indicator Analysis
Above 200 daily SMA now turned support ( Bullish )
Sell signal from MACD with support of negative momentum from stoch (bearish)
High volume coupled with previous gap down(bearish)
3. Candlestick Analysis
NA
4. Pattern Analysis
-> ABCD pattern could be present if uptrend channel breaks
-> Buyer Holds uptrend channel and continue further
Trading Plan
1. Trade against the flow with shortist
Wait for a weekly close below the uptrend channel for entry
SL: Prior high at 5 , double top formation
TP(1):4.11
TP(2): 3.38
Remark: You need to monitor and trail it closely.
2. Go with the flow ( ABCD pattern)
Long Entry @ 3.64 when reversal candle happens
S:: 2.82
TP:5.3
Enter a short position if reversal happens at 5.3
Please DYODD
Trading strategy for Hongkong Land 1. Trend Analysis
Neutral
2.Pattern Analysis
Possible Inv H&S, 3.61 for right shoulder
Possbile Evening Star candlestick
3.Trendline Analysis
Primary Trendline @ yellow line for support
4. Indicator analysis (hourly chart)
Stoch Rsi and MACD seems to be losing some strength (bearish)
Volume is low Probably due to dividend payout
4h SMA 150 seems to goes well w this counter
Trading Plan
Wait for entry at 3.6~ 3.62
SL: daily close below 3.45
TP: 5.4
Pls DYODD
Trading strategy for yanlord 1. Trend Analysis
Downtrend
2. Chart pattern analysis
Channel
3. Indicator Analysis
Weekly 50 SMA proved to be a strong
indicator for breakout( bullish)
RSI high coupled with strong vol (bullish)
MACD looks healthy with buyer
having a slight lead on seller.
4. Primary Trendline(Yellow) Analysis
Past history have always showed a bounce off
followed by a breakout
5. Candlestick Analysis
We have a 4x green soldier coming along
Trading Plan
1. Medium Risk channel trade
Entry: wait for a monthly close above primary
trendline(Yellow) as weekly closure is not
convincing enough for buyer and bb to enter
SL: Monthly close below 1.17
TP(1):1.55 , anticipating a bounce off from channel
Remark:
Expected to reach target at mid Feb 2021
S1:1.17
S2:0.67
Please DYODD