Jackson Au
commented on
$Quantum Computing (QUBT.US)$ my buy range is still at 5-7 dollars
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Jackson Au
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$Quantum Computing (QUBT.US)$
It's truly unbelievable that so many people are willing to buy at such a high price point. Two upward Trendlines have already broken through, it is estimated to fall below to find support. Volume and calculations indeed indicate future trends, but currently, in a situation where there is no profit yet, the stock price is severely overestimated. It's better to invest in Google instead, at least there is some security.
When you think it's the cheapest price to Buy, the big shots on Wall Street are unloading and letting retail investors take over. FOMO won't make you earn a billion, it will make you lose a billion.
Not a trading recommendation, for reference only.
It's truly unbelievable that so many people are willing to buy at such a high price point. Two upward Trendlines have already broken through, it is estimated to fall below to find support. Volume and calculations indeed indicate future trends, but currently, in a situation where there is no profit yet, the stock price is severely overestimated. It's better to invest in Google instead, at least there is some security.
When you think it's the cheapest price to Buy, the big shots on Wall Street are unloading and letting retail investors take over. FOMO won't make you earn a billion, it will make you lose a billion.
Not a trading recommendation, for reference only.
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Jackson Au
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$Palantir (PLTR.US)$
Last night's closing price has already fallen below the uptrend line. The high opening today failed to achieve a strong rally. It briefly dropped to a position of 68 before rebounding to a high of 71, but still couldn't break through the downtrend line. Furthermore, the Bid gradually weakened. It can be inferred that there are many people offloading at the high level of 80, causing many trapped positions.
The weekly and monthly levels are still at overbought levels. This doesn't mean it won't go up, it's just that the recent increase is too fast to keep up with the PE ratio. A moderate pullback is also a good opportunity for everyone to get on board.
This article does not provide buying or selling advice. Please trade cautiously.
Last night's closing price has already fallen below the uptrend line. The high opening today failed to achieve a strong rally. It briefly dropped to a position of 68 before rebounding to a high of 71, but still couldn't break through the downtrend line. Furthermore, the Bid gradually weakened. It can be inferred that there are many people offloading at the high level of 80, causing many trapped positions.
The weekly and monthly levels are still at overbought levels. This doesn't mean it won't go up, it's just that the recent increase is too fast to keep up with the PE ratio. A moderate pullback is also a good opportunity for everyone to get on board.
This article does not provide buying or selling advice. Please trade cautiously.
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Jackson Au
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$Quantum Computing (QUBT.US)$ The chart shows that 7.70 has encountered significant resistance, also the closing price from the day before yesterday. If it fails to break through, it is estimated to test the downtrend track. If it falls below the downtrend track, then the market sentiment will be bearish for the time being. I will take profit first and exit, waiting for the right opportunity.
Purely personal opinions, not trading advice.
Purely personal opinions, not trading advice.
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Jackson Au
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$Rocket Lab (RKLB.US)$ The technical indicator is significantly overbought. I believe it has reached its peak and now requires a pullback. As for the intensity of the pullback, I think it will not be small. Those holding positions can consider taking partial profits, while those without positions should wait and observe first.
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Jackson Au
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$Rocket Lab (RKLB.US)$ This rebound is quite strong. After a drop of more than 3%, it reversed to rise by 5%. According to the indicators, a pullback is needed at the 15-minute level. However, the 4-hour and daily levels are already overbought, while the weekly level has reached an RSI of 90, a sign of severe overbought conditions.
In other words, the current rise is temporary and cannot be sustained. I believe the pullback should fill the gap around $15.
Purely my personal opinion, without any investment advice.
In other words, the current rise is temporary and cannot be sustained. I believe the pullback should fill the gap around $15.
Purely my personal opinion, without any investment advice.
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Jackson Au
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Jackson Au
liked and commented on
$Trump Media & Technology (DJT.US)$ Everyone remember that 34.15 is a resistance level, do not chase high, it is very likely to touch the top at the opening and then fall. Those who crazily urge others to buy are basically trapped. If everyone wants to push it up together, once getting in, they will basically be buried.
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Jackson Au
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$Trump Media & Technology (DJT.US)$
This pre-market decline is expected to find support below. A bold idea is to drop around 38 to find support, which could happen quickly or take a few days. I expect it to reach this level soon and then rebound before the election next week or another wave.
Of course, we also need to pay attention. In case some unexpected mistakes happen or a black swan event occurs, then it's hard to predict.
This pre-market decline is expected to find support below. A bold idea is to drop around 38 to find support, which could happen quickly or take a few days. I expect it to reach this level soon and then rebound before the election next week or another wave.
Of course, we also need to pay attention. In case some unexpected mistakes happen or a black swan event occurs, then it's hard to predict.
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Jackson Au
reacted to
$CEB (5311.MY)$ Even though the provident fund company sold 6 million shares, it still holds 10 million shares. The stock price dropped from RM1 in July to RM0.4, a 60% retracement. Whether the low point of RM0.345 is the historical lowest point remains to be seen in the financial reports and company outlook, not just recent sales. Shareholders also have the need to make profits and adjust their positions, which is nothing out of the ordinary, so everyone should not fear missing out. As for whether the selling pressure has ended, we still need to see if the financial report at the end of the month can restore confidence to buyers.
Currently, the support at RM0.39 is relatively strong. As long as the stock price remains stable nearby, waiting for the financial report to be released, there is still a chance for an upward trend on the right.
Currently, the support at RM0.39 is relatively strong. As long as the stock price remains stable nearby, waiting for the financial report to be released, there is still a chance for an upward trend on the right.
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Jackson Au : You are likely to give back your profits.