Jacqulie
voted
Happy Friday, Mooers! ![]()
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It's once again time for the annual major event—the new iPhone launch from Apple. This year's iPhone might introduce "Apple Intelligence," which has been highly anticipated by many analysts. In fact, Citi analysts have listed Apple as their "Top AI Pick" for 2025.
So, what do you think, Mooers?![]()
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Join the discussion below to win points rewards!
🎯Predicting time!
Come and participate in predicting $Apple (AAPL.US)$'...
It's once again time for the annual major event—the new iPhone launch from Apple. This year's iPhone might introduce "Apple Intelligence," which has been highly anticipated by many analysts. In fact, Citi analysts have listed Apple as their "Top AI Pick" for 2025.
So, what do you think, Mooers?
Join the discussion below to win points rewards!
🎯Predicting time!
Come and participate in predicting $Apple (AAPL.US)$'...
![Apple Event! Predict the Closing Price and Win Rewards](https://ussnsimg.moomoo.com/sns_client_feed/77777000/20240905/1725524865690-81e7c22d5f.webp/thumb?area=999&is_public=true)
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Jacqulie
liked
$Futu Holdings Ltd (FUTU.US)$
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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Jacqulie
reacted to
$Beyond Meat (BYND.US)$
Beyond meat has been in a consolidating trend since 2019 and is looking more on the bearish side now that it is sitting once again above the 71.30 critical support. If this support breaks, which it does seem likely to, the next critical support will be all the way down at 48.20.
There is an immediate resistance up at 85.30 and another at the 92.50 which happens to be right at the 20SMA for now which is a confluence point. This makes the 92.50 a strong resistance.
Should BYND touch the 71.30 support and hold above it for a few days, this will be a good long set up or entry point to average down as there will be a possibility it rebounds up from here to retest the 71.30 and also 92.50 resistance.
Whether it breaks those points will have to depend on the strength of the rebound and we can only see base on price action when the time comes.
As of now, look out for this various supports and resistance to know your entry and exit points.
Do take some time and watch my video so you can get a broad market view as well and what to be expecting this week and the coming weeks.
As always, trade safe & invest wise!
Beyond meat has been in a consolidating trend since 2019 and is looking more on the bearish side now that it is sitting once again above the 71.30 critical support. If this support breaks, which it does seem likely to, the next critical support will be all the way down at 48.20.
There is an immediate resistance up at 85.30 and another at the 92.50 which happens to be right at the 20SMA for now which is a confluence point. This makes the 92.50 a strong resistance.
Should BYND touch the 71.30 support and hold above it for a few days, this will be a good long set up or entry point to average down as there will be a possibility it rebounds up from here to retest the 71.30 and also 92.50 resistance.
Whether it breaks those points will have to depend on the strength of the rebound and we can only see base on price action when the time comes.
As of now, look out for this various supports and resistance to know your entry and exit points.
Do take some time and watch my video so you can get a broad market view as well and what to be expecting this week and the coming weeks.
As always, trade safe & invest wise!
5
Jacqulie
commented on
$Invesco QQQ Trust (QQQ.US)$
$NASDAQ 100 Index (.NDX.US)$
QQQ is starting to show signs of weakness now. We may see a pullback down to retest 400 level next week to retest the breakout level before heading new highs. Only this way, the market can continue pushing to new highs.
If the 400 range do not hold, we will see a larger scale pullback maybe to 20sma at around 391 and higher as the days goes by. Which is also healthy for the market to go new high by EOY.
Ultimately I still see NDX hitting 17k this year and that means around 414 level.
As alway, trade safe & invest wise!
Do watch my video to see what's coming next week and more detailed stocks analysis!
$NASDAQ 100 Index (.NDX.US)$
QQQ is starting to show signs of weakness now. We may see a pullback down to retest 400 level next week to retest the breakout level before heading new highs. Only this way, the market can continue pushing to new highs.
If the 400 range do not hold, we will see a larger scale pullback maybe to 20sma at around 391 and higher as the days goes by. Which is also healthy for the market to go new high by EOY.
Ultimately I still see NDX hitting 17k this year and that means around 414 level.
As alway, trade safe & invest wise!
Do watch my video to see what's coming next week and more detailed stocks analysis!
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Jacqulie
liked
Dear mooers, new week is coming up with $AMC Entertainment (AMC.US)$ Q3 earnings! Normally, volatility comes with the released earnings result, creating tons of opportunities to trade.
How will the earnings affect the stock price? Time to join the game.
Win Reward:
Place your bet on AMC's percentage change in closing price (i.e.+3%) of Nov 09 ET / Nov 10 SGT before Nov 09 4:00 AM ET / Nov 09 5:00 PM SGT. The mooer with the closest bet will win 300 points!
After following a zigzag path during the year, how can be exciting the AMC stock after the earnings? Leave your thoughts as well as the percentage change in the comments!
You may also be interested in:
AMC Q3 2021 Earnings Conference Call
How will the earnings affect the stock price? Time to join the game.
Win Reward:
Place your bet on AMC's percentage change in closing price (i.e.+3%) of Nov 09 ET / Nov 10 SGT before Nov 09 4:00 AM ET / Nov 09 5:00 PM SGT. The mooer with the closest bet will win 300 points!
After following a zigzag path during the year, how can be exciting the AMC stock after the earnings? Leave your thoughts as well as the percentage change in the comments!
You may also be interested in:
AMC Q3 2021 Earnings Conference Call
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