Dont bet against the Great Elon Musk... $Tesla Motors(TSLA)$ But money aside, $ASML Holding NV(ASML)$ can only produce so many machines. Why would ASML given Elon priority over INTEL, TSMC, Samsung & other manufacturers?
$Direxion Daily TSLA Bull 2X Shares(TSLL)$ Entered TSLL $Tesla Motors(TSLA)$ positions on 19 March. It has been a while since i touched Tesla. With S&P500 at a critical low inflection point now, if S&P500 make any relief bounces, it will easily bring TSLA up with it as TSLA holds a significant weightage in S&P500. TSLA has been in months long declining trend so any good surprise news relief will rocket it upwards and change the momentum. Without taking CBA leverage
$Tesla Motors(TSLA)$ looks like it may breakout of its months long declining trend. Reward to risk ratio looks incredible now. However it is still better to maintain a cautious approach as the major indices (S&P500, NASDAQ etc) are still yet to prove to hold past their major inflection points. Tesla is one the top few weightages in these indices, if they collpase this week to prove another lower high, Tesla may go down the abyss. Lets watch and react! - 18 March
$Tradr 2X Short NBIS Daily ETF(NBIZ)$$NEBIUS(NBIS)$ NBIS was up a whopping +40% in 5 days. It was riding high on momentum and close to All time High. NBIS took many months to get to such a high price. When bad news hit and stock price drop sharply, investors will rush in to sell n secure profit. That is why we should not chase highs, will end up as bagholders, holding a stock that we believe in but at a loss for more months. Since NBIS announce all the partnership, now perhaps should choose $IREN Ltd(IREN)$ for the next pump up. The risk reward to short it was perfect. I have closed off my shorts for a great return in 1 day.
$NEBIUS(NBIS)$ +40% in 5 days. Challenging previous All-time High soon. At this price now, who got weaker hands? Bulls or Bears? Will you cash out and enjoy profits or risk potential bagholding? Lets watch and react!
$Intel(INTC)$ 16 Mar- INTL jumping pre market and holding gains while others are weak. This is despite all the ongoing geopolitics negativity. Is there gonna be big news coming up for NVIDA GTC or Tesla announcement ? [Happy] [Happy] [Happy]
$NVIDIA(NVDA)$ NVDA is : 1. Losing the 21 Day EMA 2. Losing yesterday Lows 3. And a formation of Evening Star Candle Pattern, which is quite a reliable bearish structure If tonight we see NVDA confirms losing today’s low, it may confirm the trigger of this Evening star candle formation. If we see a lower high and lower low confirmation, short-term it may confirm the idea of another pullback to next support level around $169~$171 area. NVDA is a big player in many major indices and if it goes down, it may contaminate many major tech/AI stocks. Lets watch and react!
$Defiance Daily Target 2X Short AMD ETF(DAMD)$$Advanced Micro Devices(AMD)$ AMD failed to hold higher above $205 yesterday was a short term top signal for me. Decided to short AMD and cashed it out today. Referring my previous posts, AMD will continue to trade within range and may return to $190 in the short term.
$Tradr 2X Short TSLA Daily ETF(TSLQ)$ $Tesla Motors(TSLA)$ TSLL bounced up 8% at yesterday's opening. I did not enter a position before market open it was too risky since TSLA is on a downtrend. Instead, I waited for a squeeze and shorted it downwards. Closed off for a quick one.
$Advanced Micro Devices(AMD)$ 11 Mar - Yesterday bullish green candle was not enough to materialize a real big fancy reversal yet. AMD still needs to break the 21 Day EMA, and make a CLEAR close above $204. If tmr or the next few days we see another bullish candle breaking past $205 key point, thats gonna be very nice to trigger an upwards rally. However if it rejects below $205, its going back down and probably stuck within range, maybe back to $190 its possible. Lets watch and react accordingly! I post my thoughts before a move, not
$Sheng Siong(OV8.SI)$ Tempting to get in around ~$2.5 [Grin] [Grin] [Grin] Purely emotional decision, no technical analysis. Every sheng siong i go to is full of crowd, i always feel they are better than NTUC and of course GIANT. Their earnings reports have been solid.
$Palantir Technologies Inc.(PLTR)$ 10 Mar - Today confirms my earlier post that PLTR forms a lower high at $160 and reverses downwards. Those that got in only at $150 above might be trapped for some time.