$INTC continues consolidating after a powerful rally, $SMTC highlights the value of patience during base-building. And $GEO reinforces the importance of disciplined trend-following with the 10-day moving average serving as a key risk management level. 1. $Intel(INTC)$ Still building within its box range after cooling off from an extended move into a widened range. The last rally, from March 31 to May 8, delivered a 178% move without violating 10-MA after coming out of a 11 week tightening base pattern. That's the kind of needle-moving move that can push the 10-MA's limit I'm focused on. You need to know your timeframe, and where your comfort level of trading frequency is to your trading style. 2. $Semtech(SMT
SGX Weekly Review｜STI Rises 0.2%; Prudential Soared 20%; Oiltek Rose 18%; Geo Energy Res Rose 15%; AEM And Olam Group Up 13%
Singapore stocks rose this week, with the STI up 0.17%. In terms of individual stocks, $Prudential USD(K6S.SI)$ soared 20%; $Oiltek(HQU.SI)$ rose 18%; $Geo Energy Res(RE4.SI)$ rose 15%; $AEM USD(XWA.SI)$ and $Olam Group(VC2.SI)$ up 13%. Market News Koh Brothers rejects shareholders' request to hold AGM vote on distribution of $Oiltek(HQU.SI)$ shares Koh Brothers Group has declined to put forward a resolution requested by certain shareholders agitating to receive the distribution of Oiltek International shares that KBG holds
The Nasdaq ended with more pronounced gains than the S&P 500 and the Dow on Friday (Oct. 31) with a strong boost from Amazon's upbeat earnings forecast, but investor moods were dampened by worries that the Federal Reserve is becoming more cautious about cutting rates.Regarding the options market, a total volume of 67,671,729 contracts was traded last Friday.Top 10 Option VolumesTop 10: $NVIDIA(NVDA)$, $Tesla Motors(TSLA)$, $Amazon.com(AMZN)$, $Apple(AAPL)$, $Meta Platforms, Inc.(META)$, $Palantir Technologies Inc.(PLTR)$,
The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO's diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. GEO's worldwide operations include the ownership and/or delivery of support services for 102 facilities totaling approximately 82,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 18,000 employees.