$ProShares Ultra Silver(AGQ)$  November is ending before I knew what's happening. I am surprised that AGQ is still surviving the ongoing correction in precious metals group, especially after the recent double top observed in silver.  Having said that, after a couple of weeks, the charts in AGQ, silver and gold get progressively clearer. The threat of hitting the downside target of the current double top is diminishing by the day. From both the gold and silver charts below, especially those secondary charts, all indicators point to good support and reversal to the upside. The main charts also continue to stay above the uptrend line. More importantly, support seems to form around $49 for silver, sufficiently away f

$ProShares Ultra Silver(AGQ)$  I was proven right. Remember my last post about the double top? That happened in both silver and the corresponding AGQ, toyed briefly with $100 for AGQ and went back down quickly... The underlying silver price hovered around $50, dropping $4 or 8% in quick successive trading sessions. It even went briefly towards $48-49 range, but it was nowhere near the double top neckline, which is around $46. Therefore, rebound in price has been anticipated. Furthermore, with silver now classified under critical metals list and its annual deficit in place, the price of silver is always going to be supported. Like I had mentioned last week, I never like a quick price movement. Whenever the price moves

I won't waste my ink here on Tesla, just my 2 cents. Looking at 🐯 posts, I don't think I will get many fans with what I am going to say. Tesla, to me, is built on a promise... or a dream (mirage if you asked me). Its valuation does not add up. Of course not, it's floating in the air... hot air! That's why whatever Elon Musk asks, retail investors blindly give. That is not what a good company with proper business and appropriate valuation should behave.  A company with proper products or services will continue to do well even if a bad manager comes on board! Just look at $McDonald's(MCD)$ for a good comparison... mistakes were made, but the company lives on beyond the bad manager.  With such an unstable foundation, it does not take much for bubble to pop... yes, it is a growi

$TSLL 20260116 13.43 PUT$ Quick share... I may be right... or wrong. For now, at least it looks like a double top from the chart point of view. Oh... obviously I am referring to the underlying principle stock, Tesla. Although have so far always been right about its trend direction, I have still been burned multiple times for my shorter time frame trades. Tesla is a volatile company with many Elon Musk's die hard fans, so naturally retail investors are buying up whenever corrections take place. For me, I simply trade trends... yes, it is still in an uptrend, so I am watching $390 closely. The immediate uptrend would broke if this mark doesn't hold. There is still time for confirmation. The immediate target 🎯 for this double top

$ProShares Ultra Silver(AGQ)$  I have mixed feelings on this... on one hand, I feel totally validated for staying the course on precious metals group, especially silver. On the other hand, I don't like the sudden spike in prices. Sure, big price jumps bring feel-good factor. Those are for egos boosting, not long term investment health. Big spikes usually followed by corrections, so I never liked them... RSI as a result of this sudden spike in prices crossed 80... it does feel overbought at this stage for AGQ. I am watching it closely, especially at $98.97 signalled a possible double top, as can be observed in the main chart for AGQ. Having said that, there may be more to it. MACD looks good... very good indeed, it fee

$AML3D LTD(AL3.AU)$ a slight rebound in recent days... the stock price is still in consolidation phase, but green shoots are beginning to show. Just take a look at its secondary charts 📈 of RSI and KDJ, a leading indicator for me, for a possible turnaround. Volume has been low, which is positive. That is the best consolidation indicator, as holders are not panicking... when all the weak holders have left the market, selling stops and the trend reversal will take place. The only secondary indicator not looking up is MACD, but this could turn quite quickly as well. Now, we bide our time and wait. As mentioned above, volume is low, very low by its normal standard. The market cap is only at $99M, a considerably low level. As mentioned two weeks ago,

$CRITICAL METALS CORPORATION(CRML)$ I managed to survive another week... November doesn't seem to begin kindly for my positioning, with heavy tilt towards precious metals group and other so-called critical metals group. Yup, if you have read my numerous articles, most are about gold, silver, platinum and palladium (precious metals group or PMGs), or some critical metals like rare earth minerals, copper, lithium, etc. I am not heavy on technology, although I work in the tech industry all my life, either dealing with research, high tech manufacturing or patents. I have sidetracked... I am in love with commodities... especially PMGs. Do you know what commodities are? They come from the word, common! Meaning basic and standardised interchangeable good

$SBSW 20260116 11.0 CALL$ I have restarted another new position for $Sibanye(SBSW)$. I have had successes with this miner in a few occasions. Sibanye has been stuck in an unwanted zone for quite a long while as the prices of both platinum and palladium suffered.  Sibanye is a predominantly platinum and palladium miner if you have not guessed it. The mines contain some gold and silver (a lot less than gold), but around 60% platinum and palladium. From the weekly chart below, you can see the rise and rise of Sibanye share price, contributed by the rise and rise of the prices of both palladium and platinum, as shared in one of the example chart below. They have simply followed the r

same old same old... whatever Elon asked, the shareholders, like the silly board, give... that's what participants in big companies do... sooner or later, the house of cards would come tumbling down... maybe not yet, but be careful... I am not celebrating... because even though I am not fan of Tesla and Elon Musk, when it all comes down, my portfolio is likely to feel the effect as well, when those same participants of the silly nonsense started to bail out everywhere, pulling everyone else down with them... that's always what happens. My insurance is not strong enough, will probably need to start trimming my position with this increasing dangerous noise...

Replying to @Super_Gal:No... after you sell the call options, if the stock price goes up beyond the strike price, the principal stock would be called away, so the stock price gain doesn't belong to you anymore. Why I know? I suffered that fate for $CRITICAL METALS CORPORATION(CRML)$ [Spurting] [Facepalm]//@Super_Gal:question 7 doesn’t really have the correct answer? Shouldn’t it be stock gain plus premium received?

1) C, 2) B, 3) C, 4) B, 5) B, 6) A, 7) A, 8) B, 9) A, 10) A @LMSunshine Do you need the option handbook too? Try your luck here, like me... What about you? @boonboonie Not sure if you need one too?

$CRITICAL METALS CORPORATION(CRML)$ Sharing for coins only. Having said that, CRML is not going away anytime soon... the world didn't heed China's warnings when the dispute happened between China and Japan. Donald Trump, being the egoistic bully he is, has finally a taste of his own trick and medicine 💊. Don't think US 🇺🇸 will forget this lesson anytime soon. Yes, a temporary truce of one year extension has been agreed, however given the fragile state of the truce, things could turn ugly quickly. This is especially true with a self-important Trump as president... China 🇨🇳 has never failed to remind US its vulnerability. Just as US has been leading in technological and AI development in general, China is leading the full streams of rare earth miner

One of the significant wins this week would be sticking with $CRITICAL METALS CORPORATION(CRML)$ while correction continues with the anticipated US-China trade truce that eases supply in rare earth minerals. Rare earth minerals trade, as I had shared last week as an idea, has indeed bounced back last night in a big way. The rally likely would continue as lots of hot money is still floating around. It is not just about blind faith, rather about follow the money. The correction has the feel of a correction, rather than crash in the making. You can see that from the sectoral rotation in plays, from rare earth and precious metals, to uranium and nuclear power plays, then back to AI. It just comes full circle. Precious metals had followed rare earth mi

The day the IPO goes live, that’s when the AI bubble 🫧 burst… $1T valuation may all sound well and good, especially in the face of $NVIDIA(NVDA)$ own’s humongous $5T valuation… be careful of what you wish for, when the bubble burst, you don’t want to be at the forefront of it… the world has seen money 💰 thrown around like nobody business, with US Fed and other central banks printing money in the last financial crisis. Many current market participants have never experienced any market crash are merrily celebrating every AI tech boom… behind the scene is all money throwing to support infrastructure growth without corresponding returns… yet. Just projections… good luck 😉

$AML3D LTD(AL3.AU)$ If you have been following my posts, you know I am a "bag holder" for AL3. Frankly speaking, being a bag holder has always been associated with bad trading discipline. However, to me, not every stocks or companies are the same. I am struggling between sharing AL3 or my bag holding story of silver and gold stocks, both are in the correction phase. AL3 gets the pick since it has been my US$1000+ profit share for the longest time in 🐯 app. The impact as a bag holder for this company is perhaps more pronounced. What happened? And why did I not sell when I was easily up by 200% and more!? Is this greed or stupidity? Perhaps I would called it blind faith... [Tongue]  [Duh]  [LOL]  [Facepalm]   Nah... strong

Remember this?! [Facepalm]  [Spurting]  Yup, I shared this a while ago... was it last week? How things have changed over a week? Corrections are taking place in sectors that are expected to happen [Tongue]  They are all overheated, aren't most sectors anyway. However, precious metals such as gold and silver are crowded trades. If this is not crowded, what is?Same thing happened for bitcoin or cryptocurrencies in general. The same can be said of AI. Last but not least, rare earth minerals and the so-called critical metals trades. Corrections are necessary evils. The question is where to from here. Are we going to see the beginning of a bear 🐻 market? I do not know for sure if I am telling the truth. I don't think so if you need an opinion. Prior to th