@Terra Incognita:I opened $Palo Alto Networks(PANW)$ ,PANW: Sold Palo Alto Networks on formation of double top at $317 levels. PANW had an amazing 200+% run in 2023 and continue to be bullish into 2024. Now it had reached resistance zone of new high and the last time it was at this price point, PANW drifted lower by 12% over a period of 3 weeks. Will cut loss if it breaks to all time high on sustained momentum.
@Omega88:Have we reached the bottom for AI-related semiconductor stocks? Using TSMC monthly revenue as a reference, we can see most of the monthly revenue are down yoy. Furthermore, the profit margin based on net income/gross income is also on a downtrend (from Q2 2022: 46.5%, Q1 2023: 40.0%, Q2 2023: 37.8%). Remember to look out for Q3 results on 19 Oct 2023! The escalating tensions between US and China is likely to affect the semiconductor industries and export bans may lead to further downside for most semiconductor companies. When everyone seem to be in a strong buying mood! Remember to be fearful when others are greedy and be greedy when others are fearful!! The AI bubble is slowly forming and I believe most semiconductor stocks are not at a fair value. No doubt the stock will con
@CY09:$Grab Holdings(GRAB)$Heading lower. In the next 2-3 quarters, investors will see massive share dilution as grab has started giving out share based compensation to employees. My previous target price was $2.50 without dilution, assuming 15% dilution, expect $2.10 to be where it will go
@LMSunshine:China Cuts Cooperation with US Following Pelosi’s Taiwan Visit: How Pelosi's Taiwan Visit Can Affect Our Portfolio & the Global Market 🇺🇸✈️🇹🇼📉📈(Part 3) $Alibaba(BABA)$Following Nancy Pelosi’s visit to Taiwan 🇹🇼 earlier this week, relations between the world’s 2 largest economies are further strained with China 🇨🇳 halting ties with the US 🇺🇸 on a range of critical issues as a sure sign of retaliation. China’s Foreign Ministry announced: ❌🤝❌(1) Cancellation of upcoming military-to-military talks;(2) Suspension of bilateral talks & collaborations on issues including repatriation of illegal immigrants, counternarcotics, & legal assistance in criminal matters; &(3) Suspension of joint efforts to tackle the climate crisis. In additi
@Falafulu:$Meta Platforms, Inc.(META)$Facebook owner Meta has rolled out non-fungible tokens (NFT) in 100 countries as the social media giant seeks to join the digital collectible frenzy. Meta on Thursday announced that it is expanding NFT features to Africa, Middle East, Asia-Pacific and the Americas following a successful test in May.