chuasonglin1995

chuasonglin1995

About Atour Atour operates an asset-light, franchise-oriented hotel business model, primarily using a "manachised" approach where franchisees handle capital expenditures while Atour provides management, branding, and technology, supplemented by retail integration within hotel spaces. What I like - I remain very bullish over China stocks, as you can tell from...

chuasonglin1995 Updated 

I really like BIDU stock here, so I entered more than my usual size. What I like about this setup - MAs coiling super tightly across all timeframes. 10, 20, 50, 100, 200. Tight MAs represent volatility contraction and this often leads to volatility expansion, i.e. large price movements. All the MAs are now within 5% range. When the MAs crossover, its like this...

chuasonglin1995

TLT is breaking out. It's not signaling that interest rates are falling - we know we are gonna get interest rates high for a longer period now. This time, its hinting that investors are risk off. We are also seeing some red flags in the market. Financials, and communications sector seem to be topping. Breakout trades are failing. I say a pullback in the market is...

chuasonglin1995

Chinese stocks have momentum now and JD looks like it setup nicely here

chuasonglin1995 Updated 

Things that I like - Market gapped down 1% due to hot inflation data. NNE had a false breakdown and showed strength by being the first few to recover. - Decreasing volume on consolidation - "Long term" resistance turned support. - Relatively new IPO stock and has potential to multibag. Fibo extension of 0.786 brings us to 52.77, which is 50% upside from here. If...

chuasonglin1995 Updated 

What I like - Bullish Pendant breakout on the daily timeframe. - Tailwind from crypto sector. Trump is in favour of crypto. I track the relative strength of 60 over sectors, see attached excel, and crypto sector (BLOK) is one of the strongest - Cup and handle formation - It is a healthy chart. Burst higher -> consolidation -> burst higher. Repeat Trade plan...

chuasonglin1995

Things that I like 1. Test at Weekly 200SMA. This MA has been key, acted as resistance prior, and now we are retesting it as support. 2. False breakdown 3. Tailwind from regional bank sector and high interest rates 4. RSI on weekly staying above 50 5. RSI on daily showing continued bullish divergence. Above 14days MA and going above 50 soon Trade Plan -...

chuasonglin1995

Things that I like - Cup and handle is well formed from the past 11 months - Decreasing volume/ consolidation before a breakout - Price action sticks to the daily 10 SMA quite a lot, and now its acting as a support - Fits the AI narrative. Could we rocketship like PLTR? Things that I don't like - 200SMA weekly overhead resistance.

chuasonglin1995

Seems like a textbook version of stage analysis. We are currently at point B, which is entry for us! Several things I like about this chart 1. Forming high lows and higher highs, signifying a change in trend 2. On weekly 20SMA 3. On resistance turned support, offering us a low risk entry 4. On a smaller daily timeframe, we see a false breakdown

chuasonglin1995

SPY/ QQQ charts are super strong. For the past two weeks, we saw gap downs on Mondays because of Deepseek & Tariffs. Then on Tues / wed / Thursday, the market filled all the gaps! We have had two Monday gap downs, and naturally people are concerned if Trump will surprise us with news over the weekends. So last Friday (7th Feb) we saw a sell down because of this...

chuasonglin1995

Strong resistance line together with 200EMA will keep SPY prices below. Took into account seasonal patterns, which is usually split into 3 phases, a rise, a fall, then a final year end rally. Expect SPY to consolidate end of year, and crash only early 2023. Reasons to continue being bearish includes (not limited to) -10yr/3m yield curve deeply...