Hello everyone! Today I want to share some technical analysis with you!1. $Apple(AAPL)$ Cart & Earning guess: (1) AAPL has been a big puzzle since the 2022 high, and the EWT plausible path forward would be an ending diagonal. (2) I don't see how the market would react to AAPL's earning positively, given the sluggish China sales[?]. (3) still, higher high to go.Image2.MPW Mid-week Update Posted: $S&P 500(.SPX)$$SPDR S&P 500 ETF Trust(SPY)$ (1) FED-day delivered volatility & but nothing more: the pattern still calls for a marginal higher high, best around 4950-60 zone, to complete the current series.(2) I count waves from 4103 to 4793 in two ways.3.
Hello everyone! Today I want to share some technical analysis with u! $NaaS Technology Inc.(NAAS)$ up +23% for the day & up +15% after the previous "stupid" tweet. That is a GOOD START. Sooner or later--if you want to live in this insane market for a bit longer--you will/should understand, "It is not personal...it's strictly business." Will be back to U.S. tmrw.ImageFollow me to learn more about analysis!!https://twitter.com/MasterPandaWu
Hello everyone! Today I want to share some investing strategies with you!Winning Strategy=VERY RIGHT + BETTING BIG: $Tesla Motors(TSLA)$ (1) nobody got every call right; even the best of best, on average, only got 60% of calls right; (2) however, when they are right, THEY ARE VERY RIGHT; AND MOST IMPORTANTLY, THEY BET BIG WHEN THEY ARE RIGHT. (3) With cost=$3.4; I exited ALL my puts near $19.60. Good to cover all my losses so far this year and pocketed 1/3 of my profit target for the year.ImageFollow me to learn more about analysis!!https://twitter.com/MasterPandaWu
Hello everyone! Today I want to share some technical analysis with you!1.Bullish Alternative: $S&P 500(.SPX)$ (1) since mid-Dec., I marked 4850 as final target zone for the melt-up phase of the bullish leg--see Scroll 98 posted 12/16. (2) now, time-wise & price-wise, SPX has exceeded my estimate & stretched too far. (3) I'm ready to consider an alternative count.Image2.Not Too LATE/ Not Too Early: (1) I have mentioned the BULLISH scenario a few weeks ago in MPW review--that doesn't mean a straight-line up, though. (2) even with the most bullish scenario, a sizable retrace is still needed. (3) this change will alter the entire count from 4818.3. $Tesla Motors(TSLA)$ Earning AH: (1) After market
Hello everyone! Today I want to share some technical analysis with you!The Opening GAP: $S&P 500(.SPX)$ (1) In all likelihood, today's opening gap won't last longer than Tuesday's close--even with the most bullish setup, this gap is hard to be counted as a W[3]. (2) that said, today's strong move does have consequences to mid- to long-term wave picture.Follow me to learn more about analysis!!https://twitter.com/MasterPandaWu
Hello everyone! Today I want to share some technical analysis with you!1.AAPL=180.90 : $Apple(AAPL)$ (1) AAPL's MA(200) has been a very important support line, and now it stands at 180.90. (2) it is fair to say if AAPL drops below $180 by the end of day, bulls are better to find a shelter nearby. (3) as the entire structure turns into a potential BIG 3rd wave.Image2.MPW Mid-week Update Posted: $S&P 500(.SPX)$ (1) no wiggle room for bulls and they have to right the ship now. (2) two back-to-back gap downs signified the internal weakness of the market, which will always lead to a sharp turn. (3) stay on top of the move with thekobeissiletter/pandaImageFollow me to learn more about analysis!!https://twit
Hello everyone! Today I want to share some technical analysis with you!1.Aircraft Carrier Battle Group: $NaaS Technology Inc.(NAAS)$ (1) with 10 billion US$ revenue of 2023 for NewLINK (the parent holding company of NaaS), IT IS the carrier battle group, whereas NaaS is only a key battleship. (2) well, the new year of 2024 may see the entire battle group joins NAAS. Stay tuned.ImageImage2.4760 zone: $S&P 500(.SPX)$ (1) as you can see from the 5-min chart, the current 4760 zone is very important for the short-term pattern. (2) I think it will hold for today and the opening gap would get refilled in the end. (3) certainly, if broken, then the red bar would/should be very long.Image3.Trendline Broken:
Hello everyone! Today I want to share some macro news with you!CPI Turning Point: (1) so far, the market reaction to a hotter-than-expected CPI number reminds me of the most volatile session on Oct. 13th, 2022, when the market gapped-down open then staged a historic reversal. (2) the difference is that was a bottom, but today set up a top.ImageFollow me to learn more about news and analysis ~https://twitter.com/MasterPandaWu
Hello everyone! Today I want to share some technical analysis with u!Two Things to Note Here: $S&P 500(.SPX)$ (1) SPX filled the gap at 4770, which effectively reduced the likelihood that the last gap was a w-3. (2) Also, 4770 is the 78.6% retrace level from 4793 to 4682, which also cast doubt on the impulsiveness of the decline. (3) meaning: wait a bit longer.ImageFollow me to learn more about analysis!!https://twitter.com/MasterPandaWu
Hello everyone! Today I want to share some technical analysis with you!1.Another attempt to get to 4660 zone is under way--this time, if SPX gets to 4650-4640 in an impulsive move, that low would be a tradable bottom for a rebound higher--FOR SUBS: you know what to do--the gap-down & go is my primary count (check the 5-min chart for references). $S&P 500(.SPX)$ Image2.Rebound back from the low: $S&P 500(.SPX)$ (1) it is not common that two previous lows in the future will NOT be visited by the cash market. (2) so far, SPX futures got to 4663 on Friday pre-market & 4677 today pre-market--the cash low is still 4682. (3) would be better to revisit them in cashImage3.4704 conquered & 4742