As we approach the last week of November 2024, let’s take a look at the weekly closing price of the $.SPX(.SPX)$ and address this question: How high can the S&P 500 go this round?
First, this projection is based on technical tools—it's not just a random guess pulled out of thin air.
Here, I’m using the Equidistant Channel to predict a potential target for the S&P 500.
What is an Equidistant Channel?
An Equidistant Channel in technical analysis is a charting tool used to i...
First, this projection is based on technical tools—it's not just a random guess pulled out of thin air.
Here, I’m using the Equidistant Channel to predict a potential target for the S&P 500.
What is an Equidistant Channel?
An Equidistant Channel in technical analysis is a charting tool used to i...
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In this video, I’ll explain why I’m turning my attention back to the $Hang Seng Index (800000.HK)$ after its impressive 40% rally in under two months. We'll look at whether there are potential market opportunity, and the crucial levels to watch for traders and investors
Mentioned in this video are warrants to consider for short-term trading.
$HSI 21800MBeCW250127 (YL5W.SG)$
Mentioned in this video are warrants to consider for short-term trading.
$HSI 21800MBeCW250127 (YL5W.SG)$
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$Alphabet-A (GOOGL.US)$ $Alphabet-C (GOOG.US)$ stock hit sharply following the DOJ's proposal to divest its Chrome browser, alleging anti-competitive practices.
GOOGL Share Price Plunges 7%: Key Technical Insights
In this article, I’ll revisit some key technical observations for GOOGL stock:
1. Support at $150: The previous all-time high of $150, tested and rebounded in September 2024, remains a valid support leve...
GOOGL Share Price Plunges 7%: Key Technical Insights
In this article, I’ll revisit some key technical observations for GOOGL stock:
1. Support at $150: The previous all-time high of $150, tested and rebounded in September 2024, remains a valid support leve...
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Yesterday, I wrote in this article:
Considering the current uptrend and the "path of least resistance" theory, I anticipate that NVDA might continue to climb on its upcoming earnings report.
In the article, I mentioned that a doji candle has formed, which is an indicator of market indecision, however this also suggests that traders are closely watching the 135-140 level, which is a strong support zone.
Trade the doji candle in $NVIDIA (NVDA.US)$ on a lowe...
Considering the current uptrend and the "path of least resistance" theory, I anticipate that NVDA might continue to climb on its upcoming earnings report.
In the article, I mentioned that a doji candle has formed, which is an indicator of market indecision, however this also suggests that traders are closely watching the 135-140 level, which is a strong support zone.
Trade the doji candle in $NVIDIA (NVDA.US)$ on a lowe...
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$NVIDIA (NVDA.US)$ is scheduled to release its earnings report on November 20, 2024, after the market closes. This report will cover the fiscal quarter ending in October 2024. Based on forecasts from 14 analysts compiled by Zacks Investment Research, the consensus estimate for earnings per share (EPS) this quarter is $0.70. For comparison, the EPS reported for the same quarter last year was $0.38.
In this article, I will be ...
In this article, I will be ...
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In my years of trading and investing, I’ve learned one hard rule: take profit when you can—then it’s your money.
Let’s discuss the $NASDAQ 100 Index (.NDX.US)$ (NASDAQ 100).
Has it broken to new highs? Yes, the price is indeed bullish. However, technically, the price is nearing the top of an equidistant channel, which often represents a supply or resistance area.
While the overall trend remains up, the first critical “danger point” to watch is 20,650.
This was the pr...
Let’s discuss the $NASDAQ 100 Index (.NDX.US)$ (NASDAQ 100).
Has it broken to new highs? Yes, the price is indeed bullish. However, technically, the price is nearing the top of an equidistant channel, which often represents a supply or resistance area.
While the overall trend remains up, the first critical “danger point” to watch is 20,650.
This was the pr...
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Earlier in my article, I mentioned my bullish outlook on $Amazon.com Inc (AMZN.CA)$ due to a suspected cup and handle pattern. Now, with the price breaking out, the cup and handle pattern has officially been completed.
Based on the current chart pattern—a cup and handle, which is a bullish continuation pattern—I believe the price is likely to rise.
How high can the stock price go with the cup and handle pattern?
First, let’s t...
Based on the current chart pattern—a cup and handle, which is a bullish continuation pattern—I believe the price is likely to rise.
How high can the stock price go with the cup and handle pattern?
First, let’s t...
I was bullish on $Tesla (TSLA.US)$ in my earlier article.
Mentioned that:
Price should close firmly above $280
Predicted resistance levels are $314 and $336
After a firm close above 280, Tesla surged 30% to my predicted resistance level of $336, before closing at 328.
I believe the stock price is nearing a resistance level based on two technical indicators:
– It is at the top of an equidistant channel.
– It is close to the 76.4% Fibonacci retracement.
Resis...
Mentioned that:
Price should close firmly above $280
Predicted resistance levels are $314 and $336
After a firm close above 280, Tesla surged 30% to my predicted resistance level of $336, before closing at 328.
I believe the stock price is nearing a resistance level based on two technical indicators:
– It is at the top of an equidistant channel.
– It is close to the 76.4% Fibonacci retracement.
Resis...
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With Trump leading at the time of posting, $Tesla (TSLA.US)$ is also climbing during Asian trading hours.
In my previous article on Tesla, I noted:
– Even if the price doesn’t break through initially, consolidation near the upper zone (around $265-$276) would indicate strong underlying momentum.
– Another potential resistance exists near $278, a recent high.
Here’s an update:
1. As predicted, the price did con...
In my previous article on Tesla, I noted:
– Even if the price doesn’t break through initially, consolidation near the upper zone (around $265-$276) would indicate strong underlying momentum.
– Another potential resistance exists near $278, a recent high.
Here’s an update:
1. As predicted, the price did con...
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Binni Ong
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While everyone’s focused on the U.S. election results and American stocks, don’t overlook the Hang Seng Index, which has rallied more than 35% from its September low just two months ago.
Now that prices have retraced 50% of that upward move, is it time to buy?
In this video, I’ll discuss why stock prices often dip after a big rally.
We’ll dive into the psychology behind these moves and how it can help you time your en...
Now that prices have retraced 50% of that upward move, is it time to buy?
In this video, I’ll discuss why stock prices often dip after a big rally.
We’ll dive into the psychology behind these moves and how it can help you time your en...
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