VinylEagle
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$Tesla (TSLA.US)$
1) Someone drew a TA chart that showed a bearish engulfing candlestick. He concluded that the stock peaked at 488.54 and there may be more downside.
2) What he didn't say is for the past 3 months, the stock had three bearish engulfing candlesticks formed separately on 12 Nov, 28 Oct and 1 Oct. TA indicators like RSI also showed overbought (70 or higher) during that period. Although...
1) Someone drew a TA chart that showed a bearish engulfing candlestick. He concluded that the stock peaked at 488.54 and there may be more downside.
2) What he didn't say is for the past 3 months, the stock had three bearish engulfing candlesticks formed separately on 12 Nov, 28 Oct and 1 Oct. TA indicators like RSI also showed overbought (70 or higher) during that period. Although...
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VinylEagle
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$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ had a slight rebound, closing green around the 1600 points region but the overall market sentiment was definitely a bearish one as we had almost 700 counters closing red for the day. Daily trading volume was able to surge back towards the 3.2 billion mark, which was pretty good.
Main stocks that showed strong buying momentum would be the likes of YTL, YTLPOWR, WINSTAR, TOPGLOV, SUPERMX, GENETEC, TANCO, CIMB, ...
Main stocks that showed strong buying momentum would be the likes of YTL, YTLPOWR, WINSTAR, TOPGLOV, SUPERMX, GENETEC, TANCO, CIMB, ...
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VinylEagle
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VinylEagle
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VinylEagle
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Hey there,
I am going to share a super eye on details. What is the relationship between $MicroStrategy (MSTR.US)$ $Defiance Daily Target 2X Long MSTR ETF (MSTX.US)$ and $Bitcoin (BTC.CC)$. It is obvious that they are closely related in a way Michael Saylor buys bitcoins for microstrategy and if Bitcoin goes up there is some point it will go up. So the question is who is pushing who? Bitcoin pushing Micro or is it Micro pushing Bi...
I am going to share a super eye on details. What is the relationship between $MicroStrategy (MSTR.US)$ $Defiance Daily Target 2X Long MSTR ETF (MSTX.US)$ and $Bitcoin (BTC.CC)$. It is obvious that they are closely related in a way Michael Saylor buys bitcoins for microstrategy and if Bitcoin goes up there is some point it will go up. So the question is who is pushing who? Bitcoin pushing Micro or is it Micro pushing Bi...
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VinylEagle
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$SATS 5xLongSG260716 (DQXW.SG)$
everyday buy dip, everytime dip goes deeper
everyday buy dip, everytime dip goes deeper
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VinylEagle
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In the previous article, we briefly introduced the analysis of transaction prices and transaction amounts. In this article, we will mainly focus on trend analysis. Trend refers to the direction of stock price movements. Generally, there are three types of trends in the market, namely upward trend, downward trend and consolidation trend. It is based on factors such as the group psychology of market participants and the flow of funds. Once a trend ...
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