64.93K
Selection
Elliottwave_Forecast
ยท
03-07

DAX Bullish Impulse Looks Incomplete

DAX Bullish Impulse Looks Incomplete March 6, 2024 By EWFHendra Short Term Elliott Wave View in DAX suggests that rally from 1.17.2024 low is in progress as a 5 waves impulse. Up from 1.17.2024 low, wave ((i)) ended at 17049.52 and dips in wave ((ii)) ended at 16834.94. Up from there, wave ((iii)) is in progress as a 5 waves impulse. Wave (i) ended at 17198.45 and pullback in wave (ii) ended at 17019.15. The Index extends higher again in wave (iii). Up from wave (ii), wave i ended at 17084.87 and wave ii dips ended at 17029.59. Wave iii higher ended at 17429.66 and wave iv ended at 17354.76. Final leg wave v ended at 17816.52 which completed wave (iii). Pullback in wave (iv) ended at 17643.11 with internal subdivision as a double three. Down from wave (iii), wave w ended at 17690.89 and wa
DAX Bullish Impulse Looks Incomplete
TOPShenpwe: Great analysis on the DAX bullish impulse! ๐Ÿ‘
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1.95K
Selection
TBITrades
ยท
03-07

My Watchlist [71]: PG... Headed to 220.90?

Hi everyone! Today Iโ€™ll be looking at a consumer goods company: Proctor & Gamble Company (NYSE: PG) On the weekly chart, note that the stock has generally been forming a series of higher highs and higher lows, suggesting a healthy uptrend is in place. The stock has recently been consolidating in what appears to be a symmetrical triangle pattern before breaking out of it over the past month or so. Referencing the pre-COVID high of 128.09 as the swing high and the 2018 low of 70.73 as the swing low, I note that PG hit its 1.618 Fib extension at 163.54 in 2021, before undergoing a several-year-long correction pattern. A breakout of the symmetrical triangle pattern suggests a minimum retest of prior ATHs at 165.35 (also note they overcut the 1.618 Fib extension, which is a common occurrenc
My Watchlist [71]: PG... Headed to 220.90?
1
Report
1.18K
Selection
nerdbull1669
ยท
03-07

Docusign (DOCU) Potential Upside If Growth Managed To Recover

$Docusign(DOCU)$ is expected to release earnings on 07 Mar 2024 after the market closes (AMC). Wall Street expects San Francisco, California-based DocuSign to post EPS of $0.65 during the quarter, while revenue estimate is expected to rise 6% to $699.38 million. Docusign has topped estimates for both third-quarter revenue and profit in its last reported earnings. Over the last 2 years, Docusign has beaten EPS estimates 88% of the time and has beaten revenue estimates 100% of the time. Docusign has seen increased competition and web traffic declines as it prepares to release fourth-quarter results. Docusign has been attempting to turn the company around but its growth seem to fail to recover. Last month, Docusign has mentioned that they plan to cut
Docusign (DOCU) Potential Upside If Growth Managed To Recover
TOPTaurus Pink: [Proud] [Proud] [Proud]
2
Report
677
Selection
REIT_TIREMENT
ยท
03-07

CapitaLand Integrated Commercial Trust's 2H FY23 Result Review

$CapLand IntCom T(C38U.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue, NPI, distributable income & DPU have improved YoY due to higher rental and higher occupancy. Shopper Traffic and Tenant Sales Both tenant sales and shopper traffic have improved YoY in which tenant sales continue to surpass pre-Covid level. Rental Reversion Rental reversion is at 8.5% for the retail portfolio and 9% for the office portfolio. Asset Enhancement Initiative AEI for IMM is scheduled to start in 1Q 2024 and expected to be completed by 3Q 2025. Additionally, AEI for 101 Miller Street is projected to be completed by 2Q 2024. As for Gallileo, AEI is set to commence in February 2024 and will take a minimum of 18 months t
CapitaLand Integrated Commercial Trust's 2H FY23 Result Review
Comment
Report
662
General
Shyon
ยท
03-07
Given the significant surge for the past few months, a pullback like this is nothing as compared to the total rise percentage. alAt this moment, I would only consider this as a small pullback, the reversal for the whole market will only be considered if the index is being pullbacked from peak for more than 10%, especially in a panic way within few days. Otherwise, so far so good currently [Miser] [Miser] [Miser] [Happy] [Happy] [Happy] How do you think?
Given the significant surge for the past few months, a pullback like this is nothing as compared to the total rise percentage. alAt this moment, I ...
TOPpopzy: Not gonna lie, I got lost in all those pullbacks.
2
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307
General
Shyon
ยท
03-07
If to choose, personally I will prefer $Tesla Motors(TSLA)$ over $Apple(AAPL)$. Tesla is having issue right now especially due to the EV price war that affects its profit margin. Also, Tesla also doesn't have a new model that can attract more buyers. The existing models already been in the market for years, causing loss of interest from new buyers as there are much better and cheaper choices with better design in the market. I believe with Tesla innovation and technology, it will comeback when the timing is there and the price war is ended. For such, I plan to collect Tesla at current level and further more when it rea
If to choose, personally I will prefer $Tesla Motors(TSLA)$ over $Apple(AAPL)$. Tesla is having issue right now especially due to the EV price war ...
2
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2.20K
General
JacksNiffler
ยท
03-07

Cathie Wood's Trading Strategy Makes Alpha!

Cathie Wood's current strategy is typical of buying low and selling high. Below is the holding and stock price chart of Coinbase Global, Inc. (COIN) (yellow represents stock price, purple represents holding).Below is $Tesla Motors(TSLA)$ Below is $Roku Inc(ROKU)$ BTW, it is COIN the largest position in $ARK Innovation ETF(ARKK)$ , instead of TSLA
Cathie Wood's Trading Strategy Makes Alpha!
Comment
Report
392
General
Michane
ยท
03-07
$GSAT 20240719 2.0 CALL$   Thinking I can sell my shares only & not touching this.. however I realize I can't do that WITHOUT touching my call option.. as Tiger team advised me that when it's a covered stock the underlying shares will be used as a collateral.. and the only way is to close the option position, hence putting into action immediately to close my sell CALL first, in order to sell my underlying shares.. Profit is reduced, at least still a decent one.. I'm determined to not be bagholder so lock-in the albeit reduced $Globalstar(GSAT)$  profit & not holding out any further. 
$GSAT 20240719 2.0 CALL$ Thinking I can sell my shares only & not touching this.. however I realize I can't do that WITHOUT touching my call option...
Comment
Report
630
General
Michane
ยท
03-07
$SE 20240308 55.0 CALL$  $Sea Ltd(SE)$   Since the expiring sell CALL will perhaps get exercised, might as well just close that, turn it into a buy CALL. Let the underlying shares continue to roll profits. Not sure how far it can get, need to monitor as it's quite bullish & keep exceeding expectation. The bull just run out of control[Blush]   
$SE 20240308 55.0 CALL$ $Sea Ltd(SE)$ Since the expiring sell CALL will perhaps get exercised, might as well just close that, turn it into a buy CA...
Comment
Report
378
General
Joseph80
ยท
03-07
Comment
Report
137
General
AMDidass
ยท
03-07
Comment
Report
7.23K
Selection
Daily_Discussion
ยท
03-07

๐Ÿ”ฅShow us your tips for making a fortune on the market!

๐Ÿ”ฅShow us your tips for making a fortune on the market!
TOPPennyKing: Try invest a product which gives subscrp
1
Report
1.46K
Selection
TBITrades
ยท
03-07

My Watchlist [70]: SBUX... Gold Card to 108.12?

Hi everyone! Today weโ€™ll look at a coffeehouse chain that everyone knows: Starbucks Corporation (NASDAQ: SBUX) SBUX has been holding this pink trendline since the GFC in 2008, and forming a series of higher highs and higher lows. Recently, the stock has been consolidating in what appears to be a common occurrence in recent times - a symmetrical triangle consolidation pattern with lower highs and higher lows. The stock moved from 70.35 to 115.48 from May 2022 to May 2023, forming a lower high in the wider pattern. It has since retraced about 50% of its move up, and is currently consolidating around the 92-93 area. Something incredibly interesting in SBUXโ€™s chart is that you can see smaller consolidations within a larger consolidation pattern: Note the main consolidation (red), the medium-te
My Watchlist [70]: SBUX... Gold Card to 108.12?
Comment
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29.53K
General
Jo Ker
ยท
03-06
$Sea Ltd(SE)$   When you see so many trash talk posts by the shortists, you know SE is going up! Great price increase during the ocean of red yesterday and looks good today too! Maybe we couldn't close above $60 on earnings report day but it sure looks good enough to close above $60 at the end of the trading week!
$Sea Ltd(SE)$ When you see so many trash talk posts by the shortists, you know SE is going up! Great price increase during the ocean of red yesterd...
TOPSonsonkok: Great ariticle, would you like to share it?
5
Report
27.78K
Selection
Deonc
ยท
03-06

Stocks' surge to record highs doesn't mean we're in a bubble

  The AI-driven surge in stocks over the past year has raised questions about whether the market is in a bubble that is close to popping. For now, Wall Street strategists say the answer is no. #โ€Œ$SPDR S&P 500 ETF Trust(SPY)$  โ€Œโ€Œ$Invesco QQQ Trust-ETF(QQQ)$  โ€Œโ€Œ$S&P 500(.SPX)$  โ€Œโ€Œ$DJIA(.DJI)$  โ€Œ #usmarket  Many see comparisons of the current market rally to the dot-com bubble of the early 2000s or the meme stock mania in 2021 as premature. For starters, the current rally hasn't been as obscene as others that coincided with the late stages of previous bubbles. Stocks have rallied about 31% over the
Stocks' surge to record highs doesn't mean we're in a bubble
TOPSonsonkok: Great ariticle, would you like to share it?
9
Report
32.02K
General
CYberviRus
ยท
03-06
$Palantir Technologies Inc.(PLTR)$  won a major contract with the Army Contracting Command โ€“ Aberdeen Proving Ground. This new deal, worth over $170 millions. This contract signifies not only a financial boost for Palantir but also a reinforcement of its position as a key player in providing cutting-edge technology to the defense sector. $Roblox Corporation(RBLX)$  share price is reaching its 200EMA. It has traded below old low and closed higher, taking out liquidity. This could be a sign of reversal. 
$Palantir Technologies Inc.(PLTR)$ won a major contract with the Army Contracting Command โ€“ Aberdeen Proving Ground. This new deal, worth over $170...
TOPAjy: Great ariticle, would you like to share it?
5
Report
21.52K
Selection
Tiger_James Ooi
ยท
03-06

Apple stock fell 14% from its ATH. How low can Apple stock go?

Stock Performance: Apple ( $Apple(AAPL)$ ) stock has experienced a 14% decline from its all-time high (ATH) and an 11% decrease year-to-date. The underperformance, particularly in comparison to other Magnificent Seven stocks, can be attributed to several factors: Analysts downgraded Apple stock. Counterpoint Research reported a 24% year-on-year drop in iPhone sales, while Huawei's smartphone sales saw a notable 64% year-on-year increase in the first six weeks of 2024. Source: Countetpoint Technical Analysis: A Double Tops reversal pattern is currently forming, with a target price of USD133.03 anticipated once the stock breaks below the neckline at USD165.24. Considering the weak candlestick pattern, it is plausible that Apple stock might challenge
Apple stock fell 14% from its ATH. How low can Apple stock go?
TOPChrishust: Apple's stock has challenges for 2024 with declining market growth
6
Report
14.75K
Selection
Tiger_James Ooi
ยท
03-06

S&P 500 is near its all time high. No need to panic?

The S&P 500 has not undergone a correction of more than 2% since reaching its October low last year. This pattern suggests that investors may have succumbed to Fear of Missing Out (FOMO) and engaged in panic buying, particularly due to optimism regarding artificial intelligence (AI). It is anticipated that investorsโ€™ concerns and unease may only arise if a correction exceeding 2% occurs within the current year. Fibonacci Expansion still indicates a S&P 500 target price of 6118 for the entire bull run. Nevertheless, the S&P 500  may encounter a strong resistance level at the 61.8% Fibonacci level at 5115, potentially leading to a decline to the 50% Fibonacci level at 4805. Despite the possibility of facing these resistance levels, there is currently no significant shift in
S&P 500 is near its all time high. No need to panic?
TOPCLx9: On your last point relating to Investment Strategy, do you mean to sell off the S&P 500 ETFs and purchase individual stocks?
5
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2.35K
General
jonblackpixels
ยท
03-06
TOPLenaAnne: Digging for profit in the options market!
1
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802
General
Terra Incognita
ยท
03-06
I closed $GDX 20240322 25.5 PUT$  ,GDX: collected 2.45% premium for these cash secured puts over a period of 14 days as gold prices continue to move upward. Currently gold and also GDX charts are hitting into bunch of resistance zones and might reverse. As the risk to reward was less favorable, decided to close those contracts about 16 days ahead of expiry and still collect 80% of max premium. Will monitor how the gold prices reacts in coming days to decide whether to unload more gold holdings or to add more if it corrects downwards.
GDX PUT
03-06 01:01
US20240322 25.5
SidePriceRealized P&L
Buy
Close
0.08+80.75%
Closed
VanEck Gold Miners ETF
I closed $GDX 20240322 25.5 PUT$ ,GDX: collected 2.45% premium for these cash secured puts over a period of 14 days as gold prices continue to move...
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