King Kookoo-Nut
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Recently began organizing the names of settlements completed in the fourth quarter, in preparation for the quarterly summary of the fourth quarter, and discovered 3 interesting trades:
$SoundHound AI (SOUN.US)$ Sell out when there are too many instances above the upper trendline...
$TheRealReal (REAL.US)$ $NextNav (NN.US)$ Both were sold out when approaching 10X ATR and exceeding 50-day moving average as final sell signals...
Although these 3 trades have shown good profits in terms of results (100%+, 50%+, 50%+), in practice, it has been proven that sell indicators such as observing indicators along the upper trendlines and using the ATR multiple extension relative to the 50MA appear weak in the face of truly strong names...
"No one is smarter than the 10/20MA" - Qullamagie
Respect to Qullamagie once again 🫡
Merry Christmas 🎄🎅🎁
$SoundHound AI (SOUN.US)$ Sell out when there are too many instances above the upper trendline...
$TheRealReal (REAL.US)$ $NextNav (NN.US)$ Both were sold out when approaching 10X ATR and exceeding 50-day moving average as final sell signals...
Although these 3 trades have shown good profits in terms of results (100%+, 50%+, 50%+), in practice, it has been proven that sell indicators such as observing indicators along the upper trendlines and using the ATR multiple extension relative to the 50MA appear weak in the face of truly strong names...
"No one is smarter than the 10/20MA" - Qullamagie
Respect to Qullamagie once again 🫡
Merry Christmas 🎄🎅🎁
Translated
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King Kookoo-Nut
liked
On 9th December 2024, Swift Energy Technology Berhad $SET (0337.MY)$ launched an initial public offering (IPO) on the ACE Market. The subscription period was from 9th December to 23rd December. The IPO was priced at RM0.28 per share, according to the official prospectus. The listing is scheduled for 8th January 2025.
Corporate Profile
Swift Energy Technology Berhad is principally involved in the provision of ind...
Corporate Profile
Swift Energy Technology Berhad is principally involved in the provision of ind...
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King Kookoo-Nut
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Morning Movers
Gapping up
$FedEx (FDX.US)$ stock soared 8.6% after the delivery giant reported better-than-expected earnings in the fiscal second quarter, while also announcing that it’s planning on spinning off its freight business.
$Eli Lilly and Co (LLY.US)$ stock rose 5.5%, with the drugmaker’s gains reflecting growing confidence in its competing obesity treatments.
Gapping down
$Nike (NKE.US)$ stock slumped 7.4% after the sports...
Gapping up
$FedEx (FDX.US)$ stock soared 8.6% after the delivery giant reported better-than-expected earnings in the fiscal second quarter, while also announcing that it’s planning on spinning off its freight business.
$Eli Lilly and Co (LLY.US)$ stock rose 5.5%, with the drugmaker’s gains reflecting growing confidence in its competing obesity treatments.
Gapping down
$Nike (NKE.US)$ stock slumped 7.4% after the sports...
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King Kookoo-Nut
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The Moving Average (MA) is one of the most commonly used tools in technical analysis. It reflects the average price trend of a stock by calculating the average closing price over a specific period and connecting these averages to form a smooth line. This helps investors identify the trend direction and reduce noise caused by price fluctuations.
1. Basic Concepts of Moving Averages
Calculation Method:
The moving average is calculated by summing up t...
1. Basic Concepts of Moving Averages
Calculation Method:
The moving average is calculated by summing up t...
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