Ah_Meng
Ah_Meng
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avatarAh_Meng
2024-06-10
$Tiger Brokers(TIGR)$ Still some way to go... At least according to the chart... There are obviously risks and opportunities involved for 🐯 broker. 🐯, as we know, has been building up its community platform through various activities. It has grown its community into a platform of information sharing, as I am doing now [Tongue]  . A major risk comes from China as the Chinese legislation has been targeting Chinese money outflow. New law is in the work to prevent Chinese investors from using trading platforms such as 🐯 to invest outside China. To be fair, šŸÆ broker has taken steps to alleviate China's concerns. The question will always be is it enough. Opportunities obviously lie in the platform itself. Tiger broker has been
avatarAh_Meng
2024-10-01
$Tiger Brokers(TIGR)$ A rising tide (all China rally) lifts all boats... It hits $6.01 yesterday at its peak... According to RSI, Tiger 🐯 is probably now overbought. Can China continue its rally? It's Chinese Golden week, so China related stocks are likely to take a breather... For now... To either pack enough energy for the next leg up, or maybe some corrections will set in, to also build energy for the next phase. Will only be able to tell in the next couple of weeks of action... What do you think next? I am likely to sell some Chinese holdings to balance my positions. The current rally has tilted my portfolio a bit.
avatarAh_Meng
2023-10-27
Beware... And don't chase, no matter how convincing the euphoria might sound... This earning season is unlike all others in short memory. One day you will find crashes, think Tesla, Alphabet and other popular technology companies. Another day, you will also find big upgrades and raising stock prices, think Amazon. There are even some others that shoot to the moon without the need forearning fever, think Bitcoin and all other Bitcoin related companies ($Coinbase Global, Inc.(COIN)$ $MicroStrategy(MSTR)$ come to mind). This is an unusual time. Prominent wars on two fronts, major economies fighting inflation and ever present fear of recession. For those cryptoc
avatarAh_Meng
2022-10-06
$ProShares Ultra Silver(AGQ)$As mentioned on the 10 September post, silver ETF, in this case AGQ was on the verge of forming an inverted head and shoulders. As predicted, the inverted head and shoulders eventuals and AGQ made a run towards $26 after hitting the second shoulder at $20. The price of AGQ then fluctuates between $22.65 and 25.92, forming a useful trendline support at $22.65. This support is significant as it helps to build a base for the next upside movement. Interestingly, as mentioned in the last article, a couple of silver miners were looking good for a similar breakout formation. Indeed, this also eventuals. There were a couple of stocks forming double bottom and reverse upwards. Another trend indicator, their respective
avatarAh_Meng
2025-10-18

Have your cake and eat it!?

I am going to add to the same topic I shared last week but not shared by @Tiger_comments. Not sure this will be shared, but it is an important lesson for a relative options newbie like myself! If you have followed my recent posts, you would probably know I have been holding $CRITICAL METALS CORPORATION(CRML)$, at least enough to make a decent return. In fact, it's officially my latest 10-baggers! [Tongue]   What has this got to do with my options lesson? I sold covered calls on it... Like I said, I have shared that... and this is a follow up. CRML has been raising like nobody business when China imposed rare earth minerals export restrictions. To begin the story, let's say I know CRM
Have your cake and eat it!?
avatarAh_Meng
2025-10-31
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 šŸ’° 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 šŸ˜‰
avatarAh_Meng
2022-11-04
$GDS Holdings Ltd(GDS)$GDS is a company that I see a lot of promise but it appears that not many people are as enthusiastic as me. I have written about GDS a couple of times... I have recently taken a small position into the company after following it all the way down! Think the main reason for the lukewarm reception I received from the audience when I wrote about GDS may mainly comes from unfamiliarity, or possibly China-bias, or even China-phobic. I sincerely hope it is the former rather than the latter two. GDS, as I have explained before in other articles, deals with warehousing, or specifically data storage. GDS is simply a operators of data centre. Besides hosting data in China, it has also expanded to SE Asia. In short, GDS is in an uni
avatarAh_Meng
2025-07-05

TACO for Musk? Nope... maybe MACO?

It would never be a TACO for Elon Musk, at most we can called it a MACO. Musk Always Cons Out, or maybe MABU (Musk Always Blows Up). I won't associate Elon Musk with Donald Trump's chicken little style. He is more pump and puffs. His faithful supporters called that vision. I called that "blowing his horns 😈". Yup, it's may not be true dishonesty, but let's called a spade šŸŖ a spade šŸŖ. He always over-promised and under-delivered. Recently, his open fight with Trump has threw open problem with the US government procurement procedure.  The latest threats from Musk on SpaceX contract with NASA could accelerate alternative rocket development for other firms. It is the same idea as how US government is pushing China to be a lot more innovative in its semiconductor's development.  T
TACO for Musk? Nope... maybe MACO?
avatarAh_Meng
2025-05-26

USD go the Zimbabwe way?

Do you know how much is one USD to Zimbabwe currency šŸ’² at the hike of its hyperinflation in 2008? Slightly more than$2.6T if I got my number of zeros right! What if USD is shooting for it? Obviously, everyone will think I am crazy to even think about that. Currencies are relatives, so we can use any major currency pairs to measure it. It could be Euro, Japanese Yen, Chinese RMB, Swiss franc, etc. It could also be measured against gold, silver or even in the new era, bitcoin. If you think it's not possible, given American economy and inflation situation, think again. It's Donald Trump we are dealing with here.  Humour me for a minute. Let's just say Donald Trump sent a message in his Truth Media to hyper inflate USD. If USD becomes so small that it's useless, can't US just pay off its
USD go the Zimbabwe way?
avatarAh_Meng
2024-12-03
$MP Materials Corp.(MP)$ I know I am repeating myself here. I have shared this mining company probably a week or so before. The reason for repeating myself is a reminder of how important staying in the investing game is. I have been building up my position for MP. Materials for quite some time now (see the charts below to tell) through weekly auto-invest. The company is flying pre-market today. Yes, it is not only crypto mining that flies. Physical conventional minerals or resources mining firms fly too given the right conditions.  It is simply a tip-for-tat game between US and China these days. With US banning chips sales to China, China has banned rare earth sales to US. I expect to see an escalation of these trade wars when Donald Trump take

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