Technical:
It has hold the major 200 ma on daily timeframe with ma30, 50 support
The $120 resistance (tested for 11 weeks) from ma 100 weekly timeframe will likely to become support since the daily timeframe holds and form a short base throughout Aug.
Currently at the low point of trend continuation after weekly timeframe pullback since may 2024.
If there is...
With its oversea partner (US.SMMT) breakout and achieve 10x in a year, I think HK9926 is likely to breakout and extend its range, to form a leg, from current long term range.
HK9926 still have momentum and see if it can breakout through this momentum, I think currently is still a buy.
There are still some catalyst coming this september and see if it can...
Have been advising my boss to long gold and bitcoin since the price was $2000 and $38000. My next buy would be when price retrace back to around MA30 for Gold and MA100 for BTC weekly basis to get better R/R.
Fundamentally:
long term weakening of US government credibility.
1. hard asset monetary inflation due to fiscal burden that yellen have to keep the...
