– Current Trend
The Hang Seng Tech Index( $Hang Seng TECH Index (800700.HK)$) is showing a sideways consolidation after a strong upward move in September-October.
– Resistance
The recent high near 4,800 (highlighted in orange) is acting as strong resistance.
– Support
Immediate support lies near the 4,434 zone (50% Fibonacci retracement). Next major support level is around 4,189 (62% Fibonacci retracement, green lin...

I like to trade on retracement - a concept of buying low but only when this dip is part of an uptrend.
In this article, I wrote about key levels to note if   $Amazon (AMZN.US)$ dipped after breaking to a new high.
In this case, I have identified two potential support levels for a re-entry: $189, $201. If the price retraces to these levels and holds, it may offer a favorable re-entry opportunity for traders looking to capitali...

The   $S&P 500 Index (.SPX.US)$ and   $NASDAQ 100 Index (.NDX.US)$ are hitting all-time highs, but is the rally sustainable?
In this video, I dive into market breadth—a crucial tool to assess whether these record moves are supported by broad participation or driven by a few big names.
You’ll learn:
1. How to use market breadth effectively.
2. How to analyze whether the rally in the Nasdaq and S&P 500 can hold.
3. 2 key implications investors need to consider when interpreting market breadth.
S...

While other M7 stocks like   $Tesla (TSLA.US)$ and $Meta Platforms (META.US)$ made new highs, $NVIDIA (NVDA.US)$ failed to trade higher.
I’m going to do a technical piece on the stock and present it with key levels.
Technical Analysis of NVIDIA (Daily Chart):
– Head and Shoulders Pattern: A potential bearish head and shoulders pattern is forming, signaling a trend reversal if confirmed.
– Neckline Support at 131: The critical s...

In my previous article, I mentioned that if Apple’s $Apple (AAPL.US)$ stock price stayed supported above $218, we could expect the price to head higher.
According to my analysis model, if the price does not hold at $218, there could be further correction, with stronger support at $195.
Looking at the updated chart, that prediction played out exactly as anticipated. The $218 level held firmly as support, and shortly after, the price brok...

$Tesla (TSLA.US)$ broke all time high. In the previous article, I highlighted the historical resistance levels of Tesla and said:
The price is nearing the $358 resistance, a level aligned with prior highs. A break above this could signal a continuation of the uptrend, but failure to breach may result in consolidation or reversal
Tesla closed at $424 last night, surpassing its previous all-time high of $413 – marking a ...

Today a quick analysis on   $Dow Jones Industrial Average (.DJI.US)$ as I’m on my year-end holiday in beautiful Laos.
Dow Jones Index (DJI) Technical Analysis:
– The Dow Jones Index is currently trading within a well-defined equidistant channel, characterized by higher highs and higher lows, confirming a strong uptrend over the observed period.
– Channel Boundaries:The top of the channel is estimated around 47,500 to 48,500, acting as potential resistance if the ...

In this article, I’ll like to review $Tesla (TSLA.US)$ Chart based on its historical Levels and Support/Resistance.
Historical Levels:
1. Previous Highs (2022): $413.49  $402.83 $384.29 $364.07 These represent significant levels where the price previously peaked, now acting as potential resistance zones.
2. Recent Resistance: Near $357–358, the stock is approaching a critical zone, coinciding with earlier highs.
3. Support Zone: Near-term supp...

Key updates on   $NVIDIA (NVDA.US)$ from the past two weeks:
– Q3 Earnings (Nov. 20): Revenue surged 82% YoY to $33.07 billion, driven by strong demand for AI chips​markets
– Dow Jones Addition: NVIDIA joined the Dow Jones Industrial Average, cementing its blue-chip status​Investopedia
– Product Update: Minor issues reported with next-gen Blackwell GPUs, but market impact is expected to be minimal​
NVIDIA experienced mixe...