A clear entry point that can be recognized at a glance is one where everyone knows. Shrinking volume cannot be manipulated by the major players, as it’s the only factor that can't deceive retail investors. When volume shrinks, it indicates that the people holding the stock are unwilling to sell. The forces of both the bulls and bears have exhausted, turnover is low, trading is sluggish, and transactions are scarce...
Stocks to Watch Oracle Corporation (ORCL US)$Oracle (ORCL.US)$ Daily Chart -[BEARISH ↘ **]ORCL US shaped a bearish breakdown. As long as price is holding below 163.75 resistance, a further drop towards 140.00 support is expected. Technical indciators are advocating for a bearish scenario as well with MA forming a death cross configuration.Alternatively: A daily candlestick closing above 163.75 resistance will invalidate bearish view and open a push higher towards...
MrM
OP
LazySleepyTrader
:
Up from 365. Not today lah. Buy in tranches. It will crawl back up. Bottom supported strongly by buyback and national team. Good luck
MrM
OP
Thelord
:
Haha my advice for you is don’t buy all at once. Buy in trenches, average in and set timeline to March for profit. Short term will be volatile.
$TENCENT (00700.HK)$ Announcement Highlights | Tencent reduces its shareholding in Weimob and UBTECH, cashing out over 1.6 billion Hong Kong dollars; COSCO SHIP ENGY anticipates a net profit increase of 17.2% for 2024.
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$TENCENT (00700.HK)$
Oracle Corporation (ORCL US) $Oracle (ORCL.US)$
Daily Chart -[BEARISH ↘ **]ORCL US shaped a bearish breakdown. As long as price is holding below 163.75 resistance, a further drop towards 140.00 support is expected. Technical indciators are advocating for a bearish scenario as well with MA forming a death cross configuration.Alternatively: A daily candlestick closing above 163.75 resistance will invalidate bearish view and open a push higher towards...
Announcement Highlights | Tencent reduces its shareholding in Weimob and UBTECH, cashing out over 1.6 billion Hong Kong dollars; COSCO SHIP ENGY anticipates a net profit increase of 17.2% for 2024.
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