Hello Friends,
Crude Oil has been taking a hit for the past three days, and I wonder if this will continue. What do you guys think?
My thoughts are listed below:
Firstly, given we are still in a pandemic and the fear of the rise of the Delta Variant right now, will there be another lockdown?
Secondly, given US & China is slowing down with their demand due to...
Hello Friends,
As shown in my chart, Alibaba is poised to be a great investment. Making higher lows and following the trend line in a down trend, what is needed now is to find a great entry and let this stock rip.
I believe breaking the 20 Day Moving Average, breaking the trend line and breaking the previous higher lows are all great signals to enter a buy...
Hello All,
I believe Alibaba is a good buy for your stock portfolio overall. However, the crackdown on Tech Companies by the Chinese Government has made these stocks quite cheaper and they are currently trading below their Intrinsic Value.
Take note of Charlie Munger who has bought this stock for The Daily Journal, he recognizes that in the long run this will...
I think we should sell OIL now, the resistance outlined on the trend line doesn't look like it will be broken.
Let me know what you guys think.
NB: This is my opinion and this is for educational and discussion purposes only.
TVC:USOIL
I think Oil is trading in a descending triangle chart pattern at the moment. I am waiting on the $60 Levels to be reached and I strongly believe the bulls will not be able to break that resistance. This has been seen so far since it dropped on 1st April.
I will enter a trade if the resistance can hold and set a TP in the $57 region.
NB: This is...
TVC:USOIL
OIL expected to hit 57-58 price region soon, if this level is broken expect oil to reach the 47-52 range.
With lockdown on the rise in Europe and an increase in supply from OPEC, shorting OIL is the way to go.
NB: This is my opinion and this is for educational and discussion purposes only. Let me know what you guys think.
