moonoooooo
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Keep buying and holding potential stocks or ETFs
As long as you have confidence in it, keep holding it; if you don't have confidence, don't hold it for a minute
Translated
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Closed out the open GAP today. Here are the levels to watch the rest of the week.
Larger Image: tradingview.com...
$Microsoft(MSFT.US$
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$Microsoft(MSFT.US$
![$MSFT Support / Resistance Levels](https://ussnsimg.moomoo.com/sns_client_feed/72897422/20240724/1721784955229-9e232e4f72.png/thumb?area=100&is_public=true)
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moonoooooo
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BTC needs to hold that 65,500 level and work its way back through the POC. If that doesn't hold watch for a retest of 64,431.
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$Bitcoin(BTC.CC$
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$Bitcoin(BTC.CC$
![$BTC.X Support / Resistance Levels](https://ussnsimg.moomoo.com/sns_client_feed/72897422/20240724/1721786624682-ba0e672e19.png/thumb?area=100&is_public=true)
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Stocks to Watch
Visa Inc (V US) $Visa(V.US$
Daily Chart -[BEARISH ↘ **] Market is in a downtrend and is currently reacting below descending trendline resistance. We prefer to stay bearish for now and expect price to drop towards 246.80 support. Technical indicators are advocatingfor a bearish scenario as well.
Alternatively: A daily candlestick closing above the descending trendline resistance will open for a rise to...
Visa Inc (V US) $Visa(V.US$
Daily Chart -[BEARISH ↘ **] Market is in a downtrend and is currently reacting below descending trendline resistance. We prefer to stay bearish for now and expect price to drop towards 246.80 support. Technical indicators are advocatingfor a bearish scenario as well.
Alternatively: A daily candlestick closing above the descending trendline resistance will open for a rise to...
![Markets this week: Increased volatility expected this week, Trade with Caution!](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240722/e681a4dd529d1229a2f5c3b8f9745d2d.jpg/thumb?area=101&is_public=true)
![Markets this week: Increased volatility expected this week, Trade with Caution!](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240722/30858bd76ed97fe1815ed3334481876c.png/thumb?area=101&is_public=true)
![Markets this week: Increased volatility expected this week, Trade with Caution!](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240722/a226e2ade953c179c61692fdcd9815c4.png/thumb?area=101&is_public=true)
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moonoooooo
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Biden announced stepping out from next Election which increase chances of Trump to win the election even further. Changing of Government resulted US market going down (due to different policy and market approach from each parties, everything need to sort of restart again for the government, Trump is crazy fellow as well).
Of course, with how the biggest market trending, Malaysia stock market will be affected. Personally, I think Malaysia market overreacted, but ...
Of course, with how the biggest market trending, Malaysia stock market will be affected. Personally, I think Malaysia market overreacted, but ...
![1000 stocks are in red at moment.](https://sgsnsimg.moomoo.com/sns_client_feed/103113270/20240722/43803201642b871cd61d32d0e798ce50.jpg/thumb?area=104&is_public=true)
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Rumor has it that the signing of today's deal was postponed and Shazhou's acquisition of Effen Holdings changed?
(KUALA LUMPUR 19th) It was originally scheduled to be signed by the Shazhou Government and the Armed Forces Foundation Authority (LTAT) today $AFFIN(5185.MY$ Effen Holdings' equity transaction agreement ceremony, sources revealed that it has been postponed.
“The Edge” today quoted sources as saying that the Sarawak side has delayed the signing ceremony in order to confirm some of the conditions set by the National Bank of China for the relevant exchange.
However, sources indicated that both parties to the deal will still sign a Memorandum of Understanding (MOU) today. According to information, Shazhou Prime Minister Tan Sri Abon Zohari and some senior state officials have arrived in Kuala Lumpur.
“They originally expected to come to Kuala Lumpur to sign a formal transaction agreement, but now they have signed a memorandum of understanding.”
According to earlier media reports, the Sarawak government intends to acquire a large number of shares in Effen Holdings from LTAT and increase its shareholding from the current 4.8% to 30% in one go.
After completing the deal, the Shazhou government will surpass LTAT and become the largest shareholder of Effen Holdings.
The deal requires approval from the Bank of China, and “The Edge” also quoted sources on July 1, saying that the Bank of China has conditionally approved the deal.
“It's still unclear what the relevant conditions are, but I don't expect that to cause the deal to collapse. “The Edge” learned that the Bank of China has no opinion on the Shazhou government increasing its holdings of Effen Holdings to 30%, making it the largest shareholder.”
An unnamed industry insider...
(KUALA LUMPUR 19th) It was originally scheduled to be signed by the Shazhou Government and the Armed Forces Foundation Authority (LTAT) today $AFFIN(5185.MY$ Effen Holdings' equity transaction agreement ceremony, sources revealed that it has been postponed.
“The Edge” today quoted sources as saying that the Sarawak side has delayed the signing ceremony in order to confirm some of the conditions set by the National Bank of China for the relevant exchange.
However, sources indicated that both parties to the deal will still sign a Memorandum of Understanding (MOU) today. According to information, Shazhou Prime Minister Tan Sri Abon Zohari and some senior state officials have arrived in Kuala Lumpur.
“They originally expected to come to Kuala Lumpur to sign a formal transaction agreement, but now they have signed a memorandum of understanding.”
According to earlier media reports, the Sarawak government intends to acquire a large number of shares in Effen Holdings from LTAT and increase its shareholding from the current 4.8% to 30% in one go.
After completing the deal, the Shazhou government will surpass LTAT and become the largest shareholder of Effen Holdings.
The deal requires approval from the Bank of China, and “The Edge” also quoted sources on July 1, saying that the Bank of China has conditionally approved the deal.
“It's still unclear what the relevant conditions are, but I don't expect that to cause the deal to collapse. “The Edge” learned that the Bank of China has no opinion on the Shazhou government increasing its holdings of Effen Holdings to 30%, making it the largest shareholder.”
An unnamed industry insider...
Translated
![Is Shazhou's acquisition of Effen Holdings changing the situation?](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240719/a0862cddfdd031a1b38446e14c28302c.jpg/thumb?area=104&is_public=true)
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