Lau AT
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$XIAOMI-W (01810.HK)$ Sure enough, my love wasn't wasted
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Lau AT
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$AMC Entertainment (AMC.US)$
Break 30 and let's go 🚀🚀🚀🚀🚀🚀
Break 30 and let's go 🚀🚀🚀🚀🚀🚀
Translated
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Lau AT
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$AMC Entertainment (AMC.US)$ closing green no matters what tomorrow i see pull back for more PT follow up:)
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Lau AT
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My youtube channel:
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Xiaomi is showing resilience today finally after breaking 20 then 19 then 18 HKD before making a small gain today from 18.12 to 18.22 HKD. This is considered a blessing since Hang Seng Tech tanked close to 2.5%. Companies like Kuaishou Tech, Alibaba, Bilibili, Netease, Meituan, etc all came down by close to 3%... Well is it that Xiaomi has already fallen to the value territory and the point that it doesnt make sense for it to go further?
I cant say that for sure but the chip shortage, poor IR handling skills, handset competition in China and other markets plus the capital worries for the EV unit may weigh on Xiaomi... But so what? There was even the concern that Lei Jun had to step down from key business units may signal some problems.
Then again when Lei Jun emerged as the controlling individual of the Venture Cap or rather PE arm of Xiaomi, such panic over Lei Jun abated which may explain for today's resilience. Of course another part could be Xiaomi own share buyback. Even with the share buyback all the way from 27 HKD down to 18 HKD, such share buyback pales and cant work when the narrative and downside pressure over whatever can be said weigh on Xiaomi..
But VALUE WILL EVENTUALLY EMERGE.. will the IPO Price of 17 HKD provide a strong support? Only time will tell but I am a truly long-term investor of Xiaomi...
See this youtube video by me on Xiaomi if you want to know why I believe in Xiaomi:
https://www.youtube.com/watch?v=glRHKF1fQkU
As always, this should not be construed as any investment or trading advice.
$XIAOMI-W (01810.HK)$ $Xiaomi Corp. Unsponsored ADR Class B (XIACY.US)$ $Lenovo (05562.HK)$ $Haier Smart Home (600690.SH)$ $HAIER SMARTHOME (06690.HK)$
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Xiaomi is showing resilience today finally after breaking 20 then 19 then 18 HKD before making a small gain today from 18.12 to 18.22 HKD. This is considered a blessing since Hang Seng Tech tanked close to 2.5%. Companies like Kuaishou Tech, Alibaba, Bilibili, Netease, Meituan, etc all came down by close to 3%... Well is it that Xiaomi has already fallen to the value territory and the point that it doesnt make sense for it to go further?
I cant say that for sure but the chip shortage, poor IR handling skills, handset competition in China and other markets plus the capital worries for the EV unit may weigh on Xiaomi... But so what? There was even the concern that Lei Jun had to step down from key business units may signal some problems.
Then again when Lei Jun emerged as the controlling individual of the Venture Cap or rather PE arm of Xiaomi, such panic over Lei Jun abated which may explain for today's resilience. Of course another part could be Xiaomi own share buyback. Even with the share buyback all the way from 27 HKD down to 18 HKD, such share buyback pales and cant work when the narrative and downside pressure over whatever can be said weigh on Xiaomi..
But VALUE WILL EVENTUALLY EMERGE.. will the IPO Price of 17 HKD provide a strong support? Only time will tell but I am a truly long-term investor of Xiaomi...
See this youtube video by me on Xiaomi if you want to know why I believe in Xiaomi:
https://www.youtube.com/watch?v=glRHKF1fQkU
As always, this should not be construed as any investment or trading advice.
$XIAOMI-W (01810.HK)$ $Xiaomi Corp. Unsponsored ADR Class B (XIACY.US)$ $Lenovo (05562.HK)$ $Haier Smart Home (600690.SH)$ $HAIER SMARTHOME (06690.HK)$
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Lau AT
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Then your actions determine your life. That is to say, the way you think can define how you live. Keep grinding. Keep sharpening your mindset, prepare yourself for all challenges along the way. Stop questioning yourself when you're down. Try to put the blame on other people. Although it doesn't sound entirely politically correct. But it's a hack for having great weekends lol.
as usual, vote first plz
Let's go
@gorgeousevan: Without comment $Tesla (TSLA.US)$
@Carry only: Makes sense. $AMC Entertainment (AMC.US)$ $Nasdaq Composite Index (.IXIC.US)$
@demntia: $AMC Entertainment (AMC.US)$
@ProTraderMark: It's all about perspective $AMC Entertainment (AMC.US)$ $GameStop (GME.US)$ $Camber Energy (CEI.US)$
@Lukas Pivar: $Sea (SE.US)$ It is a continuous stock price adjustment for rapidly rising growth stocks. For long-term investors, this is just a dip.
@XDFX: $GameStop (GME.US)$ $AMC Entertainment (AMC.US)$
@Smart Jerry:
@Tyler Maltz: Crypto is always volatile. This is nothing new. Just like the bashers that come out of hiding when Doge comes to the bottom of its range then they all disappear when it goes a back over .30… $Dogecoin (DOGE.CC)$ $Tesla (TSLA.US)$
@Ankur Tiwari: $Tesla (TSLA.US)$
@Blackwidow helen: $AMC Entertainment (AMC.US)$
This week, we'd like to invite you to comment below and tell about:
Have you ever questioned yourself when investing?
How did you get through it?
We will select 20 TOP COMMENTS by next Monday.
Winners will get 88 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
You may post:
● A related meme in gif or jpeg
● Your real-life experience
● Other creative ways to show your sense of humor
That's all for this week. Wish you have a wonderful weekend.
Peace!
as usual, vote first plz
Let's go
@gorgeousevan: Without comment $Tesla (TSLA.US)$
@Carry only: Makes sense. $AMC Entertainment (AMC.US)$ $Nasdaq Composite Index (.IXIC.US)$
@demntia: $AMC Entertainment (AMC.US)$
@ProTraderMark: It's all about perspective $AMC Entertainment (AMC.US)$ $GameStop (GME.US)$ $Camber Energy (CEI.US)$
@Lukas Pivar: $Sea (SE.US)$ It is a continuous stock price adjustment for rapidly rising growth stocks. For long-term investors, this is just a dip.
@XDFX: $GameStop (GME.US)$ $AMC Entertainment (AMC.US)$
@Smart Jerry:
@Tyler Maltz: Crypto is always volatile. This is nothing new. Just like the bashers that come out of hiding when Doge comes to the bottom of its range then they all disappear when it goes a back over .30… $Dogecoin (DOGE.CC)$ $Tesla (TSLA.US)$
@Ankur Tiwari: $Tesla (TSLA.US)$
@Blackwidow helen: $AMC Entertainment (AMC.US)$
This week, we'd like to invite you to comment below and tell about:
Have you ever questioned yourself when investing?
How did you get through it?
We will select 20 TOP COMMENTS by next Monday.
Winners will get 88 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
You may post:
● A related meme in gif or jpeg
● Your real-life experience
● Other creative ways to show your sense of humor
That's all for this week. Wish you have a wonderful weekend.
Peace!
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Lau AT
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$Alibaba (BABA.US)$ we closed back above 120 again. Another higher vol day with a wick at the bottom with small candle body. Bulls basically absorbed all those selling pressure.
I can't see anything but bullish price action on baba. Until it can show a high vol sell off with large candle will I switch my bias to bearish.
I did mention the 1st hour candle was important. It did hit selling climax with above average vol and it continued to dip lower bit by bit before Fomc. Until we hit around 118 which was the support for this rally which we saw a reversal there.
If we closed higher than 122, this will be the perfect shake out candle before the next rally. We will see this week as it is OpEx week and we will likely trade in a range until Friday. There is a huge amount of puts at the 120 strike. Which I believe will support the price above those levels.
Calls are only high at around 130 strike. Which means we have upside to 130 by Friday but not likely to go above that for this week.
Monitor closely this price targets and know what are your moves. If anything, yesterday was a good chance to average lower with a small risk as your cut Loss would be right below 117.
I sold ATM puts at strike 117 yesterday which was right below 120 put strike with high OI expiry this Friday. Let's see if I make a good 30% profit by this Friday off my puts if it stays above 118.
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
I can't see anything but bullish price action on baba. Until it can show a high vol sell off with large candle will I switch my bias to bearish.
I did mention the 1st hour candle was important. It did hit selling climax with above average vol and it continued to dip lower bit by bit before Fomc. Until we hit around 118 which was the support for this rally which we saw a reversal there.
If we closed higher than 122, this will be the perfect shake out candle before the next rally. We will see this week as it is OpEx week and we will likely trade in a range until Friday. There is a huge amount of puts at the 120 strike. Which I believe will support the price above those levels.
Calls are only high at around 130 strike. Which means we have upside to 130 by Friday but not likely to go above that for this week.
Monitor closely this price targets and know what are your moves. If anything, yesterday was a good chance to average lower with a small risk as your cut Loss would be right below 117.
I sold ATM puts at strike 117 yesterday which was right below 120 put strike with high OI expiry this Friday. Let's see if I make a good 30% profit by this Friday off my puts if it stays above 118.
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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Lau AT
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Lau AT
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$AMC Entertainment (AMC.US)$ my god bless me
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