Ah_Meng
Ah_Meng
No personal profile
85Follow
874Followers
3Topic
0Badge
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 ๐Ÿฏ broker. ๐Ÿฏ, 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 ๐Ÿฏ to invest outside China. To be fair, ๐Ÿฏ 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 $6.01 yesterday at its peak... According to RSI, Tiger ๐Ÿฏ is probably now overbought. Can China continue its rally? It's Chinese Golden week, so China related stocks are likely to take a breather... For now... To either pack enough energy for the next leg up, or maybe some corrections will set in, to also build energy for the next phase. Will only be able to tell in the next couple of weeks of action... What do you think next? I am likely to sell some Chinese holdings to balance my positions. The current rally has tilted my portfolio a bit.
avatarAh_Meng
2023-10-27
Beware... And don't chase, no matter how convincing the euphoria might sound... This earning season is unlike all others in short memory. One day you will find crashes, think Tesla, Alphabet and other popular technology companies. Another day, you will also find big upgrades and raising stock prices, think Amazon. There are even some others that shoot to the moon without the need forearning fever, think Bitcoin and all other Bitcoin related companies ($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
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
10-31
The day the IPO goes live, thatโ€™s when the AI bubble ๐Ÿซง burstโ€ฆ $1T valuation may all sound well and good, especially in the face of $NVIDIA(NVDA)$ ownโ€™s humongous $5T valuationโ€ฆ be careful of what you wish for, when the bubble burst, you donโ€™t want to be at the forefront of itโ€ฆ the world has seen money ๐Ÿ’ฐ 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 boomโ€ฆ behind the scene is all money throwing to support infrastructure growth without corresponding returnsโ€ฆ yet. Just projectionsโ€ฆ good luck ๐Ÿ˜‰
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
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 ๐Ÿ˜ˆ". Yup, it's may not be true dishonesty, but let's called a spade ๐Ÿช a spade ๐Ÿช. 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
05-26

USD go the Zimbabwe way?

Do you know how much is one USD to Zimbabwe currency ๐Ÿ’ฒ 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
avatarAh_Meng
06-22

US, or Donald Trump, has decided to enter the war

So it happensโ€ฆ as expected, US has entered another new war. History is on US side, bad historyโ€ฆ Time and again, US justifies its actions by using its military might. Trump, campaigned on big government spending cuts, canโ€™t resist himself and his egosโ€ฆ Remember the big military bash just a week or so ago to celebrate his birthday? This is not someone who cares much about spending cuts, especially it is not his moneyโ€ฆ US$40M+, down the drainโ€ฆ The world was not looking. People are questioning this wasteโ€ฆ what did he do in response? Start a new war front, as soon as many American Presidents before him. Think Afghanistanโ€ฆ who had equipped them? Then, came the infamous 9-11, which resulted in US war with them. Then came the Iraqi war, where US justified their invasion based on fake informat
US, or Donald Trump, has decided to enter the war
avatarAh_Meng
2023-04-14

Introduction to Royalty miners

Just a quick introduction to this article. I know that gold and silver prices are racing higher as this post is published.  Despite the coincidence, this is not my motivation. This post is actually a follow-up post from my first series publication (US pushes China towards world dominance Series Part 5) in ๐Ÿฏ app. Do check the series out if you have not read them. Introduction  Solid producing gold and silver miners are still leverage plays on gold and silver prices movement. Most of the time, gold and silver prices rises when USD drop. When gold or silver prices rise, the market value of good gold or silver miners will rise even more. However , not all miners are created equally.  If one is concern about the risks from even the strongest miners, there is this group of royalty
Introduction to Royalty miners
avatarAh_Meng
05-02

Buy or Sell. That's the question

When do you buy? When do you sell? Why buy and why sell? It might sound silly ๐Ÿค” but they are the fundamentally most important questions before we even decide to enter a trade. How often have we entered a trade only to regret (especially when it goes straight down)? How often have we sold only for the counters of interest to shoot right up? Finally, how often do we enter a trade we have no idea about, just because somebody else did that? These questions are essential at all times. They are especially important now with the market at one of the most sensitive and insecure times. Obviously, everyone's financial circumstances are different. I can't address every one of them. In fact, since I am not a financial advisor, I have no intention to address any of them. That's not the purpose of this
Buy or Sell. That's the question
avatarAh_Meng
2023-01-11
$WUXI BIO(02269)$  There is a lot to like in Wuxi Bio. I have been following this company for donkey years but have never committed. Wuxi Bio is one of the largest, if not the largest contract manufacturer in booming China biologics industry. The reason from the earlier non-commitment stems from its previous high price during the 'everything biomedical up' peak COVID pandemic period. It doesn't matter if the biological sciences company is developing a COVID related solution, as long as there is a rumour suffices.  Higher stock price leads to even higher prices. This is the natural law of the rich gets richer. A rich valuation attracts more participants to join ๐Ÿฅณ. This high valuation leads subsequently to stock s
avatarAh_Meng
2023-04-24

Hot trend followers or principle investing?

Before continuing, just a word of caution. This post contains a couple of ๐Ÿฏ community posts and / or remarks. I can assure you that this piece is original with no attempt for plagiarism. It is a pure discussion piece and not meant to advertise or criticise any contributions from anyone from the ๐Ÿฏ community.  The motivation kicks start from a comment from a valuable fellow ๐Ÿฏ community contributor.  I must say that my fellow contributor, @LMSunshine   is just being kind and just. She is definitely not wrong. Sometimes, it is just about efficiency and effectiveness [Happy] But I just happen to want more than sharing my remark, rather trigger a conversation. Other contributors of similar topics have trigg
Hot trend followers or principle investing?
avatarAh_Meng
02-08
Replying to @Barcode:Howโ€™s Tassie? More ๐Ÿ!?? A ๐Ÿ house in Botanical Garden?! Seriously! Thatโ€™s simply hyperbole ๐Ÿ ๐Ÿ ๐Ÿ ๐Ÿ ๐Ÿ overloading!!! Who goes to Tassie for pineapples ๐Ÿ?! [LOL][Facepalm][Cry][Chuckle][Gosh][Thinking][Yummy]//@Barcode:$Tiger Brokers(TIGR)$ ๐Ÿงง๐Ÿ’น๐Ÿ…‘๐Ÿ…ค๐Ÿ…›๐Ÿ…›๐Ÿ…˜๐Ÿ…ข๐Ÿ…—๐Ÿ‡จ๐Ÿ‡ณ ๐Ÿš€๐Ÿงง๐Ÿ‡จ๐Ÿ‡ณ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ…๐Ÿ๐Ÿ’ฐ $TIGR Profits & Tasmanian Adventures, Trading Gains, Pineapple Dreams & Pademelon Welcomes! ๐Ÿ’ฐ๐Ÿ๐Ÿš€ Rinse & repeat, because when a strategy hunts this well, only a fool tries to tame the beast ๐Ÿ…๐Ÿ…๐Ÿ…๐Ÿคบ๐Ÿคบ๐Ÿคบ๐Ÿ“ˆ๐Ÿ“ˆ๐Ÿ“ˆ. While some traders stare at their screens, I let my $TIGR profits roll in while I dream of Tasmanian treasures ๐Ÿดโ€โ˜ ๏ธ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‘น๐Ÿ๐Ÿ˜ด๐Ÿ’ธ Woke up to a juicy $301.81
avatarAh_Meng
10-01
$Lithium Americas Corp.(LAC)$  Ahhh... faith and auto-invest does the trick?! This is what I would classify as a TIP trade, Trump Influenced Play... oh yes, I have been cracking my ๐Ÿง  for an appropriate acronym, think this is a suitable one?! [Tongue]  [Chuckle]  [Evil]  Others that I could think of include SBT (Saved By Trump), TAP (Trump Always Pay), ATM (After Trump's Money). After all, if Trump is not at the helm, my payday would likely be delayed... I am of two minds. Obviously I am happy that$Lithium Americas Corp.(LAC)$  flies while lithium price is coming under pressure. Just look at the shares price performance of lithium giants such as
avatarAh_Meng
2022-07-06
$Silver Mines Ltd(SVL.AU)$Silver, just like all things commodities, was not long ago a darling for investors and speculators alike. Now it has become the latest member to be hated and avoided.Not all members of the precious metals group are created the same. Some are more hated than others. Silver, platinum, etc, those with industrial applications are suffering badly along with the other materials associated with growth. Gold on the other hand, suffers relatively mild correction.From charting point of view, the next defense line for silver is $18.8. It is a low not seen for a while. However, with the price of silver hovering close to $19. The support line in fact appears vulnerable. If this support line is breached, there is
avatarAh_Meng
2022-10-14
$ProShares Ultra Silver(AGQ)$Interesting turn in event since my last update on AGQ. Heavy correction has taken place and the price gap created from the sudden upturn in AGQ price two weeks ago has since been filled.  During this round of correction, the lowest price touches $19.41, still above the support line of $19.35. The price has since moved to $20.22 today, a touch above its support trendline of $22.10. It is important to check again if this support trendline can hold. If the consolidation can hold above this trendline, the inverted head and shoulders pattern is still in play. If that is the case, the target price of $33 is still intact.  In fact, if indeed proven over time that consolidation of pricing is at play, any fut
avatarAh_Meng
2024-07-29
$AML3D LTD(AL3.AU)$ After going sideways for sometime, this company looks to be on the move again.  As shared previously, defence companies have been on the move lately. Over the last 2 weeks, when it appears that correction has finally taken place due mainly to profit taking activities, the sector simply refused to give up... yet. The major correction started at $DRONESHIELD LTD(DRO.AU)$ after ASX Enquiry over its share price action. Drone shield hits all time high with no announcement or apparent reasons (we all know how speculation works [Grin]  [Silence]  ). During this time period, $QUICKSTEP HOLDINGS LIMITED(QHL.AU)$ has apparently take

Go to Tiger App to see more news