sloky
commented on
$NASDAQ 100 Index (.NDX.US)$ $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ What to expect of the markets next week? Is the santa rally coming? Or postponed? Markets mixed signals! Some have bearish signals while others have bullish signals! Watch my video to find out!
Stay ahead of the market by watching the video and knowing all your entry and exit points. Also know which stocks are showing bearish signals to stay defensive and which stocks have bullish signals to prepare for an early entry!
Most will not take time out to watch the video. But those who take the time, I believe you will get something out of it at the end.
Stocks tagged below all have their technical analysis done in the video!
As always, trade safe & invest wise!
$Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Meta Platforms (FB.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $Advanced Micro Devices (AMD.US)$ $NVIDIA (NVDA.US)$ $Palantir (PLTR.US)$ $Futu Holdings Ltd (FUTU.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$ $Sea (SE.US)$ $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ $E-mini Dow Futures(DEC4) (YMmain.US)$
Stay ahead of the market by watching the video and knowing all your entry and exit points. Also know which stocks are showing bearish signals to stay defensive and which stocks have bullish signals to prepare for an early entry!
Most will not take time out to watch the video. But those who take the time, I believe you will get something out of it at the end.
Stocks tagged below all have their technical analysis done in the video!
As always, trade safe & invest wise!
$Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Meta Platforms (FB.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $Advanced Micro Devices (AMD.US)$ $NVIDIA (NVDA.US)$ $Palantir (PLTR.US)$ $Futu Holdings Ltd (FUTU.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$ $Sea (SE.US)$ $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ $E-mini Dow Futures(DEC4) (YMmain.US)$
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sloky
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time to go in 👍🏻
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sloky
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$Tesla (TSLA.US)$ tesla is now starting to look very weak and seems more likely to break the 978 support instead of continuing the consolidation. Buying pressure Is getting weaker and selling pressure getting stronger.
Looking at the daily chart. We go down on increasing volume and when we have multiple green days, we go up on decreasing volume. This are signs of bearishness.
If you are looking to average in on the stock, being patient here is the key as better prices might be on its way soon.
However you still have to see the next touch on the 978 support if it holds and rebounds tesla off again. Because as long the 978 support holds, the consolidation is intact and you still can't say it will go down to close the bottom 2 gaps for sure.
As always, trade safe & invest wise!
Do subscribe to my YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/c/investing101channel
Looking at the daily chart. We go down on increasing volume and when we have multiple green days, we go up on decreasing volume. This are signs of bearishness.
If you are looking to average in on the stock, being patient here is the key as better prices might be on its way soon.
However you still have to see the next touch on the 978 support if it holds and rebounds tesla off again. Because as long the 978 support holds, the consolidation is intact and you still can't say it will go down to close the bottom 2 gaps for sure.
As always, trade safe & invest wise!
Do subscribe to my YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/c/investing101channel
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sloky
commented on
$Apple (AAPL.US)$ is it too expensive to buy now?
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sloky
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$Meta Platforms (FB.US)$
Are we about to see a reversal to the upside or is this a potential dead cat bounce? How to tell which one is it?
I did a video to explain the technicals of Meta and where it will possibly head this week and also supports & resistance to look out for!
Do watch if you have not so you know what to expect this week!
As always, trade safe & invest wise!
Link to my video below. Do subscribe to my youtube channel if you have not so you dont miss any future technical analysis videos. Stay ahead of the market!
Are we about to see a reversal to the upside or is this a potential dead cat bounce? How to tell which one is it?
I did a video to explain the technicals of Meta and where it will possibly head this week and also supports & resistance to look out for!
Do watch if you have not so you know what to expect this week!
As always, trade safe & invest wise!
Link to my video below. Do subscribe to my youtube channel if you have not so you dont miss any future technical analysis videos. Stay ahead of the market!
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$Lucid Group (LCID.US)$ how does SEC works in the US? is this like normal or is there something shady going on ..?
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sloky
commented on
$Meta Platforms (FB.US)$ we are sitting above critical support. And based on my technical, it willbreak due to ALL major indexes going through pullback/correction. Meta has lost its bull trend and its time to stay defensive and cautious now like I said before the start of the week.
I will do updated video soon regarding support and resistance of Meta as it broke through multiple supports in a few days.
Do subscribe to my channel if you have not yet so you don't miss out on the updates. If you have not subscribed, what are you waiting for?
https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw
As always, trade safe & invest wise!
I will do updated video soon regarding support and resistance of Meta as it broke through multiple supports in a few days.
Do subscribe to my channel if you have not yet so you don't miss out on the updates. If you have not subscribed, what are you waiting for?
https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw
As always, trade safe & invest wise!
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sloky
commented on
$Futu Holdings Ltd (FUTU.US)$
Futu broke below 50.45 support and now it is acting as a resistance. It is sitting right below resistance and usually that is a sign it may break the resistance since there wasn't a strong rejected after getting close.
However do take note of the bottom support levels should it fail to break it.
Downtrend is still very strong on this stock and if you are looking to long this stock as it is at a significantly cheap valuation, do be patient as there MIGHT be cheaper prices coming. It may very well pull up from here or continue going down to retest bottom support before doing so.
Thus you have to do your risk management and ask yourself if you can stomach further drops before rebounding or are you more comfortable entering only when you see early confirmation signals of a trend reversal.
I can't stop saying how cheap the valuation and great the growth potential of futu is, but also can't forget how strong the downward trend is. Thus on my part, I will let the price action determine my entry point and only enter in at Key support levels.
As always, trade safe & invest wise!
Do catch my video if you have not to know where your key support and resistance levels are at!
https://youtu.be/B4kjKSnYhAg
Futu broke below 50.45 support and now it is acting as a resistance. It is sitting right below resistance and usually that is a sign it may break the resistance since there wasn't a strong rejected after getting close.
However do take note of the bottom support levels should it fail to break it.
Downtrend is still very strong on this stock and if you are looking to long this stock as it is at a significantly cheap valuation, do be patient as there MIGHT be cheaper prices coming. It may very well pull up from here or continue going down to retest bottom support before doing so.
Thus you have to do your risk management and ask yourself if you can stomach further drops before rebounding or are you more comfortable entering only when you see early confirmation signals of a trend reversal.
I can't stop saying how cheap the valuation and great the growth potential of futu is, but also can't forget how strong the downward trend is. Thus on my part, I will let the price action determine my entry point and only enter in at Key support levels.
As always, trade safe & invest wise!
Do catch my video if you have not to know where your key support and resistance levels are at!
https://youtu.be/B4kjKSnYhAg
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sloky
commented on
$Sono Group (SEV.US)$ May be a newly IPO company, price may have been tanking ever since day 2. I understand the frustration from some of the people around, especially if you’ve gotten in at a high price point.
Firstly, if you had went in when it was at like above 40, to begin with, you’re responsible for your own action. When a stock is rushing up madly in price, especially it would have already gone up 100+% from IPO price, why are you still jumping in at this point in time? Did you really do your DD or just seeing how positive it is and thinking it will only go up? It’s pure greed at this point in time already. People always want more, that’s normal. But when it comes to stock market, it’s really greed that kills.
But putting that aside, instead of blaming the company for being a scam or liar, be reasonable in understanding that it takes time to builda business up and for such innovative business to work out, it requires much more than a traditional market business.
The team behind Sono are made up of credible members, whether it’s their management or engineering team. If we keep raging over it, it just negatively affects your mental health and may possibly lead to unlogical decision making. Also, what we need now is the faith and exposure from more people. Seeing all these negative comments on the platform, how would we improve that?
Have a good weekend guys!
Firstly, if you had went in when it was at like above 40, to begin with, you’re responsible for your own action. When a stock is rushing up madly in price, especially it would have already gone up 100+% from IPO price, why are you still jumping in at this point in time? Did you really do your DD or just seeing how positive it is and thinking it will only go up? It’s pure greed at this point in time already. People always want more, that’s normal. But when it comes to stock market, it’s really greed that kills.
But putting that aside, instead of blaming the company for being a scam or liar, be reasonable in understanding that it takes time to builda business up and for such innovative business to work out, it requires much more than a traditional market business.
The team behind Sono are made up of credible members, whether it’s their management or engineering team. If we keep raging over it, it just negatively affects your mental health and may possibly lead to unlogical decision making. Also, what we need now is the faith and exposure from more people. Seeing all these negative comments on the platform, how would we improve that?
Have a good weekend guys!
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sloky
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$Sono Group (SEV.US)$ There are people in Germany, can you help me see what kind of ghost they are doing? Damn, it keeps falling off. How long will it be until?
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sloky : Is SEA stock good to hold on for long term? Not sure whether to DCA
sloky Investing 101 OP : Is it overvalued at the current price?