To The Moon

I've been watching Amazon.com recently as prices have been hovering near the $190 level. First, let's discuss why $190 is such an important level. Weekly chart From 2021 to 2024, $190 has acted as a key resistance level. Between late 2021 and 2022, the price fell nearly 55% from this high. $190 is a key resistance level Daily Chart $Amazon.com(AMZN)$ previous earnings on Aug 2024 saw price gapped down but soon recovered to test the $190 level again! With the upcoming earnings, the price has once again challenged the $190 level, highlighting its significance to the stock. As you know, predicting price movements during earnings is difficult. Based on the current chart pattern—a cup and handle, which is a bullish continuation pattern—I believe the pr

$SATS LTD.(S58.SI)$ Summary update for SATS As of August 21, 2024, SATS Ltd. (SGX:S58) has reported a strong financial performance for the first quarter ended June 30, 2024. Key highlights include: Profit surge: Net profit soared to S$65 million, a significant turnaround from a loss in the previous year. Revenue growth: Revenue increased by 15.5% year-over-year. Strong recovery: The company's aviation food and flight volumes have shown substantial recovery. Just that I know this ticker can make it after pendemic. Start to collect the share since after covid. Finally see the end of the light of the tunnel. Thanks SATS. Will continue to support and invest in you cos Terminal 5 also coming

Why trendlines? One thing I’ve found through my past years as a trader and market analyst is the importance of using a trendline. These simple tools can really help make or break your trading, and often signal a larger move to come. I’ve met traders who ONLY use trendlines, and they have made massive profits just from this simple tool. For me it is a critical part of my trading process, so let’s cover how to use them. What is a trendline? A trendline is as simple as it sounds, just a line. This line placement can be important however, it usually goes along with a trend in the market, drawn across price highs or lows. A market trend is made of higher highs, and higher lows, and these trend-lines hope to track those as pictured below. Nasdaq trendlines. Here Nasdaq Futures are increasing fro

$Micron Technology(MU)$ It took 6 months for MU to go from $85 to $153 (Feb to mid July). Then it took 6 weeks to fron $153 to $85. This has nothing to do with company financial performance. It is all algo and hedge fund trading, especially index options.

I opened $iShares MSCI Japan ETF(EWJ)$ ,DCA into Japan

$Alibaba(BABA)$ $BABA - Held support on the Historical Blue line at $71 - Back above the 200 and 50 Day MA - HSI showing signs of reversing - You cried, we held, now we are in the green - Still undervalued with a large margin of safety.