TBI
TBI
https://thetbi.substack.com/
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12-15

TBI's Thoughts [21]: Tiger Brokers (NASDAQ: TIGR)... Awaken The Beast!

Hi everyone, it’s time for this week’s free newsletter! Today, I’ll be updating my TA on a brokerage firm: UP Fintech Holding Limited (NASDAQ: TIGR) TIGR made a massive move to the upside in September on the stimulus package announcement. As stock prices of Chinese equities rocketed, people rushed to open brokerage accounts to invest in their favourite Chinese stocks. But, I digress. TIGR retested strong multi-year prior resistance between 5.50-5.80 from above on an extremely low volume pullback from the 14.48 October high, before reversing and breaking out from its downtrend on increased volume. The weekly Stochastic saw a bullish crossover, with continuation to the upside on watch for the next few weeks. The daily chart also shows a descending channel consolidation that cumulated in a br
TBI's Thoughts [21]: Tiger Brokers (NASDAQ: TIGR)... Awaken The Beast!
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12-12
@TigerEvents I am honored to be featured on the Nominee list. My fellow Tigers have motivated me to chart more and to learn more about different industries I've never thought about looking into previously. For those who have already voted for me, just wanted to extend a heartfelt Thank You!
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12-08

TBI's Thoughts [20]: AMD (NASDAQ: AMD)... Advanced Money Destroyer?

Hi everyone, today’s free newsletter of the week is finally here! But before that, let’s do a quick review of the returns generated from the last 4 free newsletter ideas (prices and returns are rounded to the whole number): Without further ado, let’s delve into today’s newsletter: Advanced Micro Devices Inc (NASDAQ: AMD) In my previous newsletter on AMD, I was focused on a possible monthly Stochastic bullish crossover, which ultimately never materialised. This is why I mentioned that crossovers are not confirmed until the candle closes. Following the failed crossover, AMD continued to head lower. AMD has a 2016 support trendline (in green) and a 1974 trendline (in purple). This time round, the oscillator is heading back into extreme oversold levels and is almost fully reset. The weekly cha
TBI's Thoughts [20]: AMD (NASDAQ: AMD)... Advanced Money Destroyer?
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12-04

TBI's Quickfire Analysis [2]: S&P 500 ETF (ARCA: SPY)

Hi everyone! Here’s today’s quickfire analysis: SPDR S&P 500 ETF Trust (ARCA: SPY) On the daily chart, consider that SPY has been in a rising wedge for several months now, excluding the island bottom false breakdown in early-Nov. The wedge broke down in mid-Nov, and we have since been grinding higher in a smaller rising wedge pattern (in orange) that can be seen on the 4h timeframe below: The pattern has since broken down, and we can see the 4h Stochastic crossing over to the downside. Prior support sits at 600.86, which we have yet to test from above since we broke above this level several trading sessions ago. A breakdown below this level will spark a larger selloff. Invalidation of shorts occurs when SPY breaks above and turns 603.35 into support. Below that level, the risk-to-rewar
TBI's Quickfire Analysis [2]: S&P 500 ETF (ARCA: SPY)
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12-02

TBI's Quickfire Analysis [1]: Roku (NASDAQ: ROKU)

Hi everyone. I’ll be starting a series of articles exclusive to the Tiger Brokers Community Platform, where I’ll perform a quickfire analysis of stocks on Monday, Wednesday and Friday (1 stock a day). This series accompanies my longer stock deep dives, which will be released once a week. Without further ado, let’s get started: Roku (NASDAQ: ROKU) ROKU’s daily Stochastic just formed a bullish crossover after Friday’s close. While upside is bound by the red resistance trendline, a break above this short-term trendline will see a retest of 78.61. I see short-term upside in this name that can be actioned upon using either shares, calls or a combination of both instruments. A break and hold above 78.61 will see a gap fill towards 91.07. I’ve been waiting for this move for the longest time, and
TBI's Quickfire Analysis [1]: Roku (NASDAQ: ROKU)
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12-02

TBI's Thoughts [19]: Elf Beauty (NYSE: ELF)... A Beauty?

Hi everyone. Here’s the free newsletter for the week: e.l.f. Beauty, Inc. (NYSE: ELF) ELF’s monthly chart is a sight to behold - it has been forming higher highs and higher lows since forming a bottom in 2019. Despite the short report by Muddy Waters Research alleging overstated revenues and other fraudulent transactions, the monthly Stochastic saw a bullish crossover after Nov’s close - the first since Dec’23. Nov also saw the largest volume in the stock’s history. The weekly chart closed with a low-volume doji after an extremely high volume hammer candle the week before. This is suggestive of consolidation before a continuation of the move up. ELF also broke out of the Jul’24 resistance trendline (in red). The weekly Stochastic is bullish, and continues to push into extreme overbought te
TBI's Thoughts [19]: Elf Beauty (NYSE: ELF)... A Beauty?
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11-24

TBI's Thoughts [16]: Microsoft (NASDAQ: MSFT)... Tightening?

Hi everyone. Today’s free newsletter will be about one of the Magnificent 7 stocks: Microsoft Corp. (NASDAQ: MSFT) MSFT is at an interesting spot in the short term. It’s been consolidating for several months and hasn’t made a new high since June. That being said, it’s still made a series of higher lows. The Stochastic oscillator also closed the week with a bullish crossover. On the daily, there are 2 unfilled gaps higher up (416.16-432.10 & 441.48-443.10), while there are numerous unfilled gaps below MSFT’s current price, with the nearest gap at 357. MSFT has consistently defended the major support level at 405-406, while it has consistently failed to break above resistance at 432-433. However, the compression that we’ve been seeing over the past few weeks, as well as the recent leap f
TBI's Thoughts [16]: Microsoft (NASDAQ: MSFT)... Tightening?
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11-17

TBI's Thoughts [15]: MARA Holdings (NASDAQ: MARA)... Miner Galore?

Hi everyone, here’s the free newsletter for the week! MARA Holdings, Inc. (NASDAQ: MARA) Since 2020, MARA has been forming a series of higher lows, although it has yet to form a higher high since peaking at 83.45 in Nov’21. Upside has also been limited due to the resistance trendline (in blue) from the peak. However, the monthly Stochastic is about to complete a bullish crossover, subject to this month’s candle (similar to AMD). The weekly Stochastic is heading into extreme overbought levels, while RSI is curling back to the upside. Since Dec’23, the range on MARA has gotten tighter and tighter. We have been seeing consolidation for over a year in this descending channel (in red), with lower highs and lower lows. However, we might be seeing a change in character here. We can see 2 bearish
TBI's Thoughts [15]: MARA Holdings (NASDAQ: MARA)... Miner Galore?
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11-10

TBI's Thoughts [12]: Cloudflare (NYSE: NET)... Primed?

Hi everyone. Today we’re going to be looking at a cybersecurity company: Cloudflare, Inc. (NYSE: NET) NET has been trading in a series of higher highs and higher lows since IPO. Following the 2021 high, NET has fallen back into its IPO support trendline (in purple). NET’s move higher from its IPO support trendline was led by a trend markup. However, the stock since broke below its trend (in dark green) and has since been supported by its secondary trendline (in light green). However, given that these are shorter-term trends, they can break provided we do not lose the “master” trend on NET (in purple). We can see that the key resistance now is the 116-122.13 area, which was strong resistance in 2022, and also a strong resistance in February this year after earnings. NET is currently basing
TBI's Thoughts [12]: Cloudflare (NYSE: NET)... Primed?
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11-03

TBI's Thoughts [11]: Crocs (NASDAQ: CROX)... Is the Alligator Ready to Pounce?

Hi everyone. Today I’ll be updating my TA on a footwear company that I’ve covered previously: Crocs, Inc. (NASDAQ: CROX) CROX has been in a long-term uptrend since 2008, with a series of higher highs and higher lows and a long-term support trendline (in purple). It has been consolidating in a pennant formation since 2021, including a failed breakout in Apr’23. However, in Mar’24, CROX finally broke out of consolidation. It is now retesting the breakout from above and coming back into the 104.62 level, which was a gap-up level that has previously acted as support. The thesis is simple - if 104.62 holds, then we can expect a move back to ATH next. However, if 104.62 fails, then we are headed back into 96.02 gap-up support and subsequently back to the daily POC which currently sits around 77.
TBI's Thoughts [11]: Crocs (NASDAQ: CROX)... Is the Alligator Ready to Pounce?
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10-31

TBI's Thoughts [10]: Tiger Brokers (NASDAQ: TIGR)... Is The Tiger Awakening?

Hi everyone. Today I’ll be analysing a FinTech company: UP Fintech Holding Limited (NASDAQ: TIGR) TIGR has been basing for over 2 years between in a 3+ point range, with strong resistance at 5.80. When China announced a fresh round of quantitative easing measures in September, TIGR was a beneficiary of this news, and ripped above the 5.80 resistance that capped its upside for over 2 years. Since then, TIGR has been in a controlled selling phase back into prior resistance. The interesting thing is that most of the volume on it came at highs. This sell-off has been comparatively weak, and has not breached 5.80. If we look at more recent price action, TIGR actually found a short-term low at the 78.6% Fib retracement (not pictured here) at 5.87, taking the swing low of 3.39 and high of 14.48.
TBI's Thoughts [10]: Tiger Brokers (NASDAQ: TIGR)... Is The Tiger Awakening?
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10-26

TBI's Thoughts [9]: AMD (NASDAQ: AMD)... Dawn of a Bull Market?

Hi everyone. Today I’ll be covering one of the most well-known AI and semiconductor companies in the world: Advanced Micro Devices Inc. (NASDAQ: AMD) AMD has been in a long-term uptrend since 1974, with a series of higher highs and higher lows. In 2016, a steeper support trendline formed, with the move greatly accelerating to the upside. Based on the current monthly candle, we are set for a bullish Stochastic crossover for the first time since Nov’23 (subject to earnings on the 29th and the monthly candle close). The last 2 bullish crossovers have led to 100% returns (or higher). AMD has been consolidating below the red resistance trendline since March. It finally broke out of this trendline in September, and has spent the past 3 weeks retesting the breakout on gradually declining volume.
TBI's Thoughts [9]: AMD (NASDAQ: AMD)... Dawn of a Bull Market?
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10-19

TBI's Thoughts [8]: Celsius (NASDAQ: CELH)... Setting Up?

Hi everyone. Today I’ll be discussing about a fitness and energy beverages company: Celsius Holdings, Inc. (NASDAQ: CELH) CELH was previously listed on the OTC markets before IPO’ing in 2017 on the NASDAQ. The green support trendline turned into resistance in 2010 before being flipped back into support in 2020. It also has a long-term trendline in place since 2013. On the whole, the stock has been making higher highs and higher lows since 2013, which are signs of a healthy uptrend. If we focus on more recent price action, we can the largest ever volume on record coming in 2 weeks ago at the support trendline. Institutions are actively accumulating this even though it has been in a bear market for over a year. A bullish stochastic crossover took place the same week. This is a strong signal
TBI's Thoughts [8]: Celsius (NASDAQ: CELH)... Setting Up?
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10-13

TBI's Thoughts [7]: Adobe (NASDAQ: ADBE)... Up In a Flash?

Hi everyone. Today I’ll be covering a software company: Adobe Inc. (NASDAQ: ADBE) On the monthly chart, we can see that ADBE is clearly in a long-term bullish uptrend since its IPO in 1987 with higher highs and higher lows. The current RSI of a lower high and higher low is mimicking the shorter-term consolidation pattern on ADBE, which I’ll get to in a second. On the weekly chart, we can see the bullish pennant consolidation pattern that we saw on RSI with lower highs and higher lows. We’re nearing a bullish crossover event on the Stochastic that could lead to a reversal from current levels. On the daily chart, I note that ADBE does not have a tendency to show divergences on RSI. Something I noticed with time is that not all stocks have such salient reversal indicators. That being said, th
TBI's Thoughts [7]: Adobe (NASDAQ: ADBE)... Up In a Flash?
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10-12

TBI's Thoughts [6]: Tesla (NASDAQ: TSLA)... Is The Fear Overblown?

Hi everyone. Today I’ll be covering one of the Magnificent 7: Tesla, Inc. (NASDAQ: TSLA) On the monthly chart, we can see that TSLA is clearly in a long-term bullish uptrend, continuously forming a series of higher highs and higher lows. Since its IPO, it has experienced several trend markups (purple → blue → green). Since 2020, TSLA has been consolidating and compressing within a bullish pennant pattern. Despite all the bearish headlines and the massive selloff the stock endured in 2023, it has remained resilient and continued to form higher lows. That in itself is a result of continued institutional accumulation. Recently, TSLA attempted to break out of this pattern and push above the resistance trendline (in red). It succeeded briefly but was sold down into its short term support trendl
TBI's Thoughts [6]: Tesla (NASDAQ: TSLA)... Is The Fear Overblown?
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10-06

TBI's Thoughts [5]: Alcoa (NYSE: AA)... Is Aluminum the New Craze?

Hi everyone. Today, I’m covering one of the largest producers of aluminum in the world: Alcoa Corporation (NYSE: AA) The monthly chart shows AA with a series of equal highs around the 98-100 area, albeit with a series of long-term higher lows since 1972. This suggests long-term consolidation within a range that gradually gets tighter and tighter with time. The Stochastic made its first bullish crossover in several months following September’s large engulfing candle. Thus far, we have seen consolidation within last month’s range. We can also see a shorter-term bullish megaphone pattern (higher highs, lower lows) that found support at the newly-confirmed 1972 trendline. The weekly chart shows a breakout from the Mar’22 resistance trendline (in pink), and a support trendline dating back to Ju
TBI's Thoughts [5]: Alcoa (NYSE: AA)... Is Aluminum the New Craze?
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09-28

TBI's Thoughts [4]: Boeing (NYSE: BA)... A Massive Opportunity?

Hi everyone. Today I’ll be looking at a beleaguered company: The Boeing Company (NYSE: BA) BA’s chart is nothing short of phenomenal. It is retesting a 48-year (since 1976) support trendline. The company is facing a raft of issues, including machinist strikes (causing production of Boeing 737, 777 and 767 jets to be halted), production quality and safety issues, as well as mounting debt. If we zoom in on the weekly chart, we can see BA consolidating in a symmetrical triangle pattern with lower highs and higher lows. More recently, it has been moving in a “coiled spring”-type falling wedge pattern as we wait for the machinists to approve a new contract with Boeing. The strikes have proven costly to BA’s valuation as it is expected to cost the company about US$3b, referencing the 2008 strike
TBI's Thoughts [4]: Boeing (NYSE: BA)... A Massive Opportunity?
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09-23

TBI's Thoughts [3]: ASTS... Rocket Ship?

Hi everyone! Here’s my first newsletter in a week, and it’s on a satellite designer: AST SpaceMobile, Inc. (NASDAQ: ASTS) ASTS peaked in early-2021 at 25.37, before it chopped in a 3-year long descending channel that cumulated in a breakout in May this year. Since then, ASTS has retested its 2021 ATHs from above, while RSI comes down from extreme overbought levels while the Stochastic oscillator comes back into extreme oversold levels. On the daily chart, ASTS appears to be consolidating in both an ascending triangle and a symmetrical triangle pattern. This obviously means one thing - that 25.37 will be key as to how ASTS moves in the short term. If ASTS loses 25.37, a retest of prior resistance at 21.72 comes into play. Conversely, if ASTS holds this level, then we’re likely to see a brea
TBI's Thoughts [3]: ASTS... Rocket Ship?
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09-13

TBI's Thoughts [2]: Micron (NASDAQ: MU)... Inflexion Point?

Hi everyone, today I’ll be sharing my TA for one of the semiconductor names: Micron Technology, Inc. (NASDAQ: MU) This is the first time I will be using logarithmic scales in my charts, so the scaling might look “scary”. That being said, it reduces significant chart skew. Notice how MU has marked up its trend several times in the past few decades, since its IPO in 1984. What we can see from the weekly chart is that MU has been trading in a long-term uptrend. We will now focus our attention on the 2011 marked up trend and more short-term trends. Just note there are multiple trends in play, dating back to the 2008 GFC. In short, MU is coming into the Jan’23 support trendline, while forming a bullish divergence at support. Significant volume came in at the lows, in what I deem to be a potenti
TBI's Thoughts [2]: Micron (NASDAQ: MU)... Inflexion Point?
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09-02

TBI's Thoughts [1]: CVNA... Signalling a Pullback?

Hi everyone! I've decided to do a little rebranding here, so I've renamed the newsletter - it's now TBI's Thoughts! In the first issue of this newsletter, I'll be updating my TA on a formerly ridiculed company that was trading as low as $3 just a few years ago: Carvana Co. (NYSE: CVNA) The weekly chart shows CVNA in a recovery pattern, with a rounding bottom pattern in the works. It has been trading in an ascending channel since 2023 with a series of higher highs and higher lows. Interestingly enough, CVNA also has the RSI triangle pattern that we previously saw on SPY before it broke down into channel support. Notice the higher lows on RSI (in green) as well as the 4-legged bearish divergence (in red). Based on what SPY and CVNA (in 2021) have done previously, this favours bears. On the d
TBI's Thoughts [1]: CVNA... Signalling a Pullback?

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