$NVIDIA(NVDA)$ 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.