Technology 9/1/2022 World Technology stock including semiconductor stock is having a short term weakness as the 10 year govt yield continue to rise. Our Malaysia Technology which heavy with Semiconductor is waiting for Nasdaq's movement. Nasdaq need to rebound then our Malaysia Tech will follow.
NVDA 8/1/2022 Seems want to visit the hard way direct go to 252 support area, but even a dip to this area still consider a healthy pull back.
MSFT 8/1/2022 Now is at the support area , but if cannot hold next week might visit next support area 293
AAPL 8/1/2022 First support 164- 167 , next at 150 . Personally don't think it may go to 150 area in short term , but this is just for your reference .
S&P500 8/1/2022 S&P500 chart is like telling you, is that any problem on the market? Nothing is happening as chart remain uptrending , at most revisiting 4589 support area and may continue the rally.
DJI 8/1/2022 A double top formed at 36600, support 35500 . DJI still look okay from chart as market fund switched to value stocks right now.
Nasdaq 8/1/2022 Be prepared ! 14.9k or the main uptrend channel may not be able to hold next week . As a good investor we should always adjust our risk management and prepare for worse case scenario . If this support area broken we might foresee 14.1k support area , this area is possible to go if market sentiment remain bearish. Try to allocate some cash on hand...
AMZN (US) 25/12/2021 Higher low formation in charts, L3>L2>L1 . For trading 3300 can be a trailing stoploss level , 2022 might be a good year for amazon . 3770 is a double top strong resistant, if able to breakout above this resistant level will be good .
NVDA 25/12/2021 Investor always talk about "buy the dip", but are you able to grab them when the dipped or busy stopping loss at lowest?
TSLA 25/12/2021 If you missed the dip on 900 Support area which mentioned earlier , you may need to wait for a higher low form in chart . Take note 1120 area will be a strong resistant zone. TSLA 13/12/2021 900 support area.
DJI 25/12/2021 36200 first strong resistant zone. Higher Low formed in chart
S&P500 25/12/2021 When everyone is still fearful of inflation , S&P500 eventually closed the highest in record. Probably a strong sideway breakout next week?
Nasdaq 25/12/2021 Flag Pattern breakout but upcoming 15800 will be a strong resistant , it may have another dip but it is moving to the bullish side.
TSLA (US) 18/12/2021 A good long consolidation is always good for longer run to wash out traders. Currently seems ripe for technical rebound and form a rising wedge
DJI 18/12/2021 Actually a sideway trend has been formed since May 2021 , expecting a symmetrial triangle formation in chart but currently a lower high form in chart also potential to form a descending triangle with the main support at 33.7k
S&P500 18/12/2021 S&P500 more to sideway consolidation now between the support and resistance at 4500 and 4700 respectively.
Nasdaq 18/12/2021 Able to form a white candle on the uptrend channel support area is good , my personal view is that focus on the good companies then will be fine . Growth stocks might be continue under pressure in 2022.
FPI 11/12/2021 3.800 has become a strong resistant , support at 3.200. Maybe possible to find a good support at 3.200 area provided no major economic crisis.