To The Moon

Hang Seng Tech Current Trend The Hang Seng Tech Index is showing a sideways consolidation after a strong upward move in September-October. Resistance: The recent high near 4,800 (highlighted in orange) is acting as strong resistance. Support: Immediate support lies near the 4,434 zone (50% Fibonacci retracement). Next major support level is around 4,189 (62% Fibonacci retracement, green line). Key Observations After failing to break above 4,800, the index has corrected but is holding the Fibonacci 50% retracement level. If this level holds, the index could retest the 4,800 resistance zone. A break below 4,434 could open the door for further downside toward 4,189. Momentum Relative strength appears weak but stable, suggesting consolidation rather than a reversal. Instruments to Trade Hang

I like to trade on retracement - a concept of buying low but only when this dip is part of an uptrend. In this article, I wrote about key levels to note if $Amazon.com(AMZN)$ dipped after breaking to a new high. In this case, I have identified two potential support levels for a re-entry: $189, $201. If the price retraces to these levels and holds, it may offer a favorable re-entry opportunity for traders looking to capitalize on the continuation of the bullish move. Let’s review the results of this trade. AMZN retraced to $200 support Review of AMZN 3x Long DLC Performance If an investor had entered into the 3x Long AMZN DLC ( $AMZN

The $.SPX(.SPX)$ and $NASDAQ 100(NDX)$ are hitting all-time highs, but is the rally sustainable? In this video, I dive into market breadth—a crucial tool to assess whether these record moves are supported by broad participation or driven by a few big names. You’ll learn: How to use market breadth effectively. How to analyze whether the rally in the Nasdaq and S&P 500 can hold. 2 key implications investors need to consider when interpreting market breadth. Short-term trading using DLCs Mirae Asset DLCs: https://dlc.miraeasset.hk/ SocGen DLCs: https://dlc.socgen.com/en/usdlc UBS DLCs: https://dlc.ubs.com/ Hit the follow button to stay updated! I post valuable trading and investing insights every week—don

While other M7 stocks like $Tesla Motors(TSLA)$ and $Meta Platforms, Inc.(META)$ made new highs, $NVIDIA(NVDA)$ failed to trade higher. I’m going to do a technical piece on the stock and present it with key levels. NVDA Daily chart Technical Analysis of NVIDIA (Daily Chart): Head and Shoulders Pattern: A potential bearish head and shoulders pattern is forming, signaling a trend reversal if confirmed. Neckline Support at 131: The critical support lies at $131. A decisive breakdown below this level could trigger further downside. Projected Support at 120: The uptrend line aligns with a key support at $120. This area could act as the next target if the breakdown occ

This is an educational piece. When it comes to stock investment, I always keep an eye out for the cup-and-handle pattern. It's one of my favourite and most reliable patterns. Cup and handle pattern A cup-and-handle pattern is a bullish continuation pattern where the price forms a rounded "cup" followed by a smaller consolidation or "handle." Once the price breaks above the resistance at the rim of the cup, it typically signals strong bullish momentum with the potential for a significant upward move. AAPL cup and handle pattern How to Measure the Target Price of a Cup-and-Handle Pattern: Calculation of cup and handle target price Measure the Depth of the Cup: Find the distance between the lowest point of the cup and the breakout level (rim of the cup). In the attached chart:Breakout level

In my previous article, I mentioned that if Apple’s $Apple(AAPL)$ stock price stayed supported above $218, we could expect the price to head higher. According to my analysis model, if the price does not hold at $218, there could be further correction, with stronger support at $195. Updated chart on AAPL Looking at the updated chart, that prediction played out exactly as anticipated. The $218 level held firmly as support, and shortly after, the price broke out of the classic cup-and-handle pattern, smashing through the $231 breakout level. Now, Apple is trading at $247.96, confirming the strength of the $218-220 support zone. This move highlights how powerful technical patte

$Tesla Motors(TSLA)$ broke all time high. In the previous article, I highlighted the historical resistance levels of Tesla and said: The price is nearing the $358 resistance, a level aligned with prior highs. A break above this could signal a continuation of the uptrend, but failure to breach may result in consolidation or reversal Tesla closed at $424 last night, surpassing its previous all-time high of $413 – marking a significant breakout! Notably, once Tesla breached the $358 resistance, momentum surged, propelling the price toward the $420 level. If one had traded a long DLC of Tesla, this 3x Long Tesla DLC ( $TESLA 3xLongSG261006(TSYW.SI)$ ) has more than tripled in value since its inception [M

Today a quick analysis on $.DJI(.DJI)$ as I’m on my year-end holiday in beautiful Laos. Laos, Lua Prabang Dow Jones Index (DJI) Technical Analysis: The Dow Jones Index is currently trading within a well-defined equidistant channel, characterized by higher highs and higher lows, confirming a strong uptrend over the observed period. Channel Boundaries: The top of the channel is estimated around 47,500 to 48,500, acting as potential resistance if the index continues its upward trajectory.The lower boundary serves as dynamic support, providing a guideline for possible pullbacks. Trend Strength: The consistent structure within the channel highlights sustained bullish momentum.Any significant deviation below the channel could indicate a shift in trend d

In this article, I’ll like to review $Tesla Motors(TSLA)$ (TSLA) Chart based on its historical Levels and Support/Resistance. Tesla daily chart Historical Levels: Previous Highs (2022): $413.29 $400.36 $384.29 $364.07 These represent significant levels where the price previously peaked, now acting as potential resistance zones. Recent Resistance: Near $357–358, the stock is approaching a critical zone, coinciding with earlier highs. Support Zone: Near-term support is marked at $313, providing a key level to monitor if the price retraces further. The price is nearing the $358 resistance, a level aligned with prior highs. A break above this could signal a continuation of the uptrend, but failure to breach may result in consolidation or reversal. Sup

Key updates on $NVIDIA Corp(NVDA)$ from the past two weeks: Q3 Earnings (Nov. 20): Revenue surged 82% YoY to $33.07 billion, driven by strong demand for AI chips​ markets Dow Jones Addition: NVIDIA joined the Dow Jones Industrial Average, cementing its blue-chip status​ Investopedia Product Update: Minor issues reported with next-gen Blackwell GPUs, but market impact is expected to be minimal​ NVIDIA experienced mixed developments recently. Initially, the stock reacted positively, trading above $140 (a new all-time high) after Q3 earnings. However, last night’s close fell below the low of the doji mentioned earlier, indicating weakening momentum at this point. As highlighted in the