Ye Lin Ko
liked
$Tesla (TSLA.US)$ No matter what kind of good news it is, it will still drop for you
Translated
3
1
Ye Lin Ko
liked
Incoming relief rally should come next week or as soon as today to squeeze out shorts. But this is not the time to load up long positions unless you are just trading. It is a good time to exit some positions if you have not.
After the relief rally, it should continue down for more pain by next FOMC meeting for a longer term downtrend if this is indeed going to be a bear market.
Inflation is still expected to rise and Feds will have to decide between a bear market/recession or inflation furthe...
After the relief rally, it should continue down for more pain by next FOMC meeting for a longer term downtrend if this is indeed going to be a bear market.
Inflation is still expected to rise and Feds will have to decide between a bear market/recession or inflation furthe...
29
121
Ye Lin Ko
commented on
$Alibaba (BABA.US)$
Extremely high volume day today for BABA. Rebounded on 119 again. Lets see if it holds. If it holds and starts retracing up a little, means selling climax on the 1st candle is over. And this could be a shakeout. But we will have to wait till it is over for the 1st hour before we can tell.
If it breaks 118, this will mean the US retail sales data is going to start affecting china stocks as well as we just got a very bad report at 9.30pm. Which means BABA may come down to retest 108 level.
So sit tight and do not panic until the 1st hour over and see where the candle closes. Currently we already have ultra high volume which if we close above 120 on the 1st hour it will mean there are tons of buyers supporting the price at 120. Which will confirm my theory of the smart money there. This will also make the 1st candle a selling climax candle which means the price will reverse from here.
As always, trade safe & invest wise!
Extremely high volume day today for BABA. Rebounded on 119 again. Lets see if it holds. If it holds and starts retracing up a little, means selling climax on the 1st candle is over. And this could be a shakeout. But we will have to wait till it is over for the 1st hour before we can tell.
If it breaks 118, this will mean the US retail sales data is going to start affecting china stocks as well as we just got a very bad report at 9.30pm. Which means BABA may come down to retest 108 level.
So sit tight and do not panic until the 1st hour over and see where the candle closes. Currently we already have ultra high volume which if we close above 120 on the 1st hour it will mean there are tons of buyers supporting the price at 120. Which will confirm my theory of the smart money there. This will also make the 1st candle a selling climax candle which means the price will reverse from here.
As always, trade safe & invest wise!
25
17
Ye Lin Ko
liked
Where will the market go next week? I did a whole entire video regarding this to let you know what to expect for the week ahead. I also did technical analysis on all the stocks tagged below for you to know your supports, resistance and entry points!
Do take some time to watch and hope you take away something from the video. If you like it, do remember to subscribe to my channel so you don't miss out on any future videos!
As always, trade safe & invest wise!
Do subscribe to my new YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw
$Invesco QQQ Trust (QQQ.US)$ $NASDAQ 100 Index (.NDX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Meta Platforms (FB.US)$ $Apple (AAPL.US)$ $Microsoft (MSFT.US)$ $Tesla (TSLA.US)$ $Palantir (PLTR.US)$ $Futu Holdings Ltd (FUTU.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$ $Advanced Micro Devices (AMD.US)$ $NVIDIA (NVDA.US)$
Do take some time to watch and hope you take away something from the video. If you like it, do remember to subscribe to my channel so you don't miss out on any future videos!
As always, trade safe & invest wise!
Do subscribe to my new YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw
$Invesco QQQ Trust (QQQ.US)$ $NASDAQ 100 Index (.NDX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Meta Platforms (FB.US)$ $Apple (AAPL.US)$ $Microsoft (MSFT.US)$ $Tesla (TSLA.US)$ $Palantir (PLTR.US)$ $Futu Holdings Ltd (FUTU.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$ $Advanced Micro Devices (AMD.US)$ $NVIDIA (NVDA.US)$
28
4
Ye Lin Ko
liked and commented on
$Meta Platforms (FB.US)$ we are sitting above critical support. And based on my technical, it willbreak due to ALL major indexes going through pullback/correction. Meta has lost its bull trend and its time to stay defensive and cautious now like I said before the start of the week.
I will do updated video soon regarding support and resistance of Meta as it broke through multiple supports in a few days.
Do subscribe to my channel if you have not yet so you don't miss out on the updates. If you have not subscribed, what are you waiting for?
https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw
As always, trade safe & invest wise!
I will do updated video soon regarding support and resistance of Meta as it broke through multiple supports in a few days.
Do subscribe to my channel if you have not yet so you don't miss out on the updates. If you have not subscribed, what are you waiting for?
https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw
As always, trade safe & invest wise!
11
27
Ye Lin Ko
liked
$Activision Blizzard (ATVI.US)$ Not entering until after the gap down when the CEO leaves which is highly likely.
2
1
Ye Lin Ko
liked
$Apple (AAPL.US)$
$Meta Platforms (FB.US)$
$Tesla (TSLA.US)$
$KraneShares CSI China Internet ETF (KWEB.US)$
$Alibaba (BABA.US)$
$SPDR S&P 500 ETF (SPY.US)$
$Invesco QQQ Trust (QQQ.US)$
I have uploaded a new video with summary of last week market and also what to look out for next week. I did technical analysis on these stocks as well. Do watch and subscribe!
https://youtu.be/Wd-0UzZQJIc
$Meta Platforms (FB.US)$
$Tesla (TSLA.US)$
$KraneShares CSI China Internet ETF (KWEB.US)$
$Alibaba (BABA.US)$
$SPDR S&P 500 ETF (SPY.US)$
$Invesco QQQ Trust (QQQ.US)$
I have uploaded a new video with summary of last week market and also what to look out for next week. I did technical analysis on these stocks as well. Do watch and subscribe!
https://youtu.be/Wd-0UzZQJIc
127
4
Ye Lin Ko
liked
$Twitter (Delisted) (TWTR.US)$ twitter did a close below my critical support. No long setup was opened on my part as it did not meet my criteria of a good R:R trade.
The technicals are looking bearish as we are going down on huge volume sell off. If you are asking where should you average down if you are still bullish, do it at the 45 support and 200SMA at 41.
There may be a technical rebound coming soon for a quick profit but take it with a pinch of salt as it may continue falling a little more before that dead cat bounce and you may overall only breakeven if you time it wrongly.
Do your own risk management and I will come back to re analyse the graph again in due time when it hits the next support!
As always, trade safe & invest wise!
The technicals are looking bearish as we are going down on huge volume sell off. If you are asking where should you average down if you are still bullish, do it at the 45 support and 200SMA at 41.
There may be a technical rebound coming soon for a quick profit but take it with a pinch of salt as it may continue falling a little more before that dead cat bounce and you may overall only breakeven if you time it wrongly.
Do your own risk management and I will come back to re analyse the graph again in due time when it hits the next support!
As always, trade safe & invest wise!
15
Ye Lin Ko
liked
$Meta Platforms (FB.US)$
Meta closed at 345 resistance as I said from the start of the week before market open! Now we will be looking at 352 resistance next week and I believe we should break it with ease. Based on my graph, it is an ascending triangle and that means higher support levels and eventually breaking past the resistance of 352 to next resistance.
Meta support level is going up day by day with the 20EMA at 336, 20SMA at 332.40 and also the ascending triangle support line at 341. These supports will go higher next week on open as they are dynamic and gets higher everyday as long the price doesnt break through.
The most immediate and strong support would be the ascending triangle support line. Because if it breaks and closes below it, that will invalidate the ascending triangle pattern. But as long as the triangle is intact, the breakout to the upside is imminent.
We can see that we are going up on higher volume than on the selling days. This are very bullish indicators that this is not selling from smart money but they are short term traders selling at the high and buying bk at the lows.
After 352 resistance, the next will be 358. But we may touch 358 and come back down for a retest on 352 support should we break that level.
As always, trade safe & invest wise!
Meta closed at 345 resistance as I said from the start of the week before market open! Now we will be looking at 352 resistance next week and I believe we should break it with ease. Based on my graph, it is an ascending triangle and that means higher support levels and eventually breaking past the resistance of 352 to next resistance.
Meta support level is going up day by day with the 20EMA at 336, 20SMA at 332.40 and also the ascending triangle support line at 341. These supports will go higher next week on open as they are dynamic and gets higher everyday as long the price doesnt break through.
The most immediate and strong support would be the ascending triangle support line. Because if it breaks and closes below it, that will invalidate the ascending triangle pattern. But as long as the triangle is intact, the breakout to the upside is imminent.
We can see that we are going up on higher volume than on the selling days. This are very bullish indicators that this is not selling from smart money but they are short term traders selling at the high and buying bk at the lows.
After 352 resistance, the next will be 358. But we may touch 358 and come back down for a retest on 352 support should we break that level.
As always, trade safe & invest wise!
![Picture](https://ussnsimg.moomoo.com/1637379725845-102493479-android-org.jpg/thumb)
27
6
Ye Lin Ko
liked
$Lucid Group (LCID.US)$ Damn it, should had set my last buy price at $43 instead of $42.50, missed just by that bit more. Could had easily be earning a few thousands more. Haha! That's life, never regret in the stock market, always accept the fact and move on. I guess everyone is happy right now, even those who keep scolding others for selling their shares. But seriously, we peasants have no effect on the overall market sentiment at all. Why grumble at those who sell just becos they want to maximise their profits? Are we not here to make money? Or are you here to find camaraderie amongst? If the latter, joining army, police or any uniform group will suit you better.
Everyone has their own strategies, be more gracious and understand that we are just following the market trending. Does it benefit us to bigotly hold on to the shares even when we know that the price is going to fall sharply, rather than sell them and buy back at a much lower price to reap more profits? Those who believe that they must not sell, sure. Hold on to your belief but don't belittle others for your own belief.
And please don't give stupid advise that it will always go up and never fall, esp after a huge surge! It is against the nature of stock trading and we should know this just by using our brain. I saw one guy advising another to buy when the price is at $60. I usually don't like to comment on others' but I really find this guy very irresponsible. The other guy actually replied that he had listened and bought in at that price. He could had waited for the pull back and buy at a much more attractive price and already making a profit, rather than still incurring losses now. If you do not understand the market trend well, don't dish out any unsound advice. We are talking about others' hard earned money. Ok, once again, let's look forward to the next good news.
Everyone has their own strategies, be more gracious and understand that we are just following the market trending. Does it benefit us to bigotly hold on to the shares even when we know that the price is going to fall sharply, rather than sell them and buy back at a much lower price to reap more profits? Those who believe that they must not sell, sure. Hold on to your belief but don't belittle others for your own belief.
And please don't give stupid advise that it will always go up and never fall, esp after a huge surge! It is against the nature of stock trading and we should know this just by using our brain. I saw one guy advising another to buy when the price is at $60. I usually don't like to comment on others' but I really find this guy very irresponsible. The other guy actually replied that he had listened and bought in at that price. He could had waited for the pull back and buy at a much more attractive price and already making a profit, rather than still incurring losses now. If you do not understand the market trend well, don't dish out any unsound advice. We are talking about others' hard earned money. Ok, once again, let's look forward to the next good news.
12
3