To The Moon

$Sea Ltd(SE)$  is now at support zone. this is a good zone to accumulate. the stock market is waiting for hints from fomc meeting tonight to decide whether to rally or not. cpi yoy is 3.1%, as estimated and cooler than last month's 3.2%. this is good.

$US10Y(US10Y.BOND)$ points to possibility of lower interest rates. the stock market gets jittery whenever us10y approaches 5%. 

Chinese government promises support of the economy. the property crisis is a drag on the Chinese economy and in turn affects the hk, sg and china stock markets. 

looking at se's pnf, next support if it breaks down is 27.5. if it rally upon good vibes from fomc meeting, then it will be back to 40 at least. 

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@TigerWire for this hot topic to post

merci beaucoup@TigerStars for reviewing our posts

merci beaucoup@Asphen for sharing your insights

merci beaucoup@koolgal for your many insightful posts