$Invesco QQQ(QQQ)$ : Opposite Milestones Reached:➡️ The bullish one for the medium/long term, which is the imminent bullish golden cross, since the 50DMA is crossing back above the 200DMA.➡️The bearish one is the red engulfing candle validated by high volume and the well announced visit to the 20DMA.Bearish short term with price action likely to find support in the volume shelf, before bullish continuation.Previously posted: A Potentially bullish $Apple(AAPL)$ , and a well anticipated bearish move for $Alphabet(GOOG)$$Alphabet(GOOGL)$ .ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy
$Tesla Motors(TSLA)$ : he more a support or resistance level is tested, the more likely it is to be breached. That is the case of the 20DMA, there have been seven consecutive days of retest, will if be breached?➡️Rejection = Retest of the 50DMA➡️Breakout = $350What's coming?ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉💰CBA
I really try to take the $AST SpaceMobile, Inc.(ASTS)$ bulls seriously but when you use “imagine” as your bull case it’s a story stock, not fundamentally driven.Just take some of these examples: - No chance autonomous vehicles will want a satellite connection when 5G is available. And they’re nowhere near going outside 5G service areas.- Connected agriculture…I live in the Midwest. We have great service on farms. - Humanoid robots? Are the wandering around the desert? The problem is, these satellites aren’t long lived assets. They’ll be in service for ~5 years. We need real use cases and paying customers (most are a revenue share model) now, not dreams. Still watching, but this is why I don’t get the thesis until they prove it to me with real $$$.
I projected that $VanEck Semiconductor ETF(SMH)$ was nearing completion of a higher degree 4th wave to then rally to 260-270 for a 5th 📈Since then, SMH bursted higher right to that target range 🚀SMH should be near completion of its 4th wave to rally for another leg up under the 5th wave targeting 260-270. lf we fall back to the Weekly FVG at 234.05-220.92, that would be a strong buy for the 5th wave. Otherwise, it may trade directly higher without tapping it.ImageImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account and enjoy up to 6 months of Commissio
Risk is growing higher & higher as SPX is taking too much time consolidating
Risk is growing higher & higher that the 2-month impulse up from the April lows is already complete as $S&P 500(.SPX)$ is taking too much time consolidating. Price is at 5966-5937 support, but a Daily close below 5937 and/or cross of 5913 would send a short signal that the higher degree pullback is unfolding.If so, that should lead to 5850-5700 support before attacking ATHs/6500 in Q3/Q4. While above support, a new high is possible, I am just less confident in that now as it should have broken out already. $SPDR S&P 500 ETF Trust(SPY)$$E-mini S&P 500 - main 2509(ESmain)$$NASDAQ 100(NDX)$
The Mirage of Momentum - From Circle to Meme Stocks, The Illusion That Keeps FOMO Alive
🌟🌟🌟In investing, few forces are more seductive and more dangerous than FOMO - Fear Of Missing Out. It is that anxious itch when you see others making gains and feel like you are left behind. It whispers "Everyone else is in. Why aren't you?" When a stock starts to soar, FOMO doesn't just knock, it kicks the door down. Take Circle $Circle Internet Corp.(CRCL)$ . After its IPO, it skyrockets over 380%, riding a wave of stablecoin optimism, regulatory breakthroughs and media buzz. It feels unstoppable. Many investors bought it, not because they understood the fundamentals. They bought because they were afraid not to. That is not strategy. That is FOMO in action. We have seen this before.
Five Classic US Stock Market Illusions! Have You Fallen for Them?
Come see how many you've checked off!On the road of trading U.S. stocks, no one stays clear-headed forever. We constantly swing between chasing highs and panicking lows, trapped in the cycle of “I saw this coming” and “I’ll just wait a bit longer.”Here are 5 classic trading illusions, how many have you fallen for?1. $Circle Internet Corp.(CRCL)$ is going to crash!On the day Circle went public, its stock price doubled and kept hitting new highs for two weeks. Everyone said it was overvalued and bound to drop — yet it just kept climbing.2. $Advanced Micro Devices(AMD)$ is about to rebound!“This time, for real!” — how many traders have held onto AMD through weekly lows, RSI divergences, or pre-earnings hype?
Coinbase versus Circle: Which Crypto Stock Deserves A Spot In Your Portfolio?
🌟🌟🌟In the ever evolving world of digital finance, 2 giants have emerged as frontrunners in the race to dominate the crypto infrastructure space - Coinbase and Circle. Both companies are riding high on the recent passage of the GENIUS Act, a landmark US Senate Bill that could reshape the stablecoin landscape and unlock massive growth potential for investors. However the Big Question is Which Stock Offers The Better Long Term Upside? Coinbase - The Exchange Titan With a Stable coin Edge Coinbase $Coinbase Global, Inc.(COIN)$ is the largest US based crypto exchange, boasting over 100 million users and USD 400 billion in assets. Coinbase is profitable with a solid P/E ratio and a growing suite of produc
Hengrui Pharmaceuticals - China's Biotech Titan Just Went Global
🌟🌟🌟While the world chases hype in US biotech, $HENGRUI PHARMA(01276)$ has been quietly building a pharmaceutical empire. But after its Blockbuster IPO in Hong Kong, the silence is officially over. Hengrui priced its IPO at HKD 44.05 per share, right at the top of its marketed range, raising about USD 1.27 billion. On Day 1, shares soared over 37%, opening at HKD 57.10 and peaking at HKD 60.20. This is a clear sign of strong investor confidence. This wasn't just a win for Hengrui. It was a vote of confidence in Hong Kong's IPO market which has seen a resurgence in listings from high growth Chinese firms. The proceeds from the IPO are earmarked by Hengrui for accelerating clinical trials, expanding production and
🌟🌟🌟This week I almost sold my ICLN $iShares Global Clean Energy ETF(ICLN)$ position. With Trump's anti clean energy pivot such as undoing climate policies, fast tracking fossil fuels, it felt like Clean Energy got hit and ICLN paid the price. But while politics may have clipped its wings, the global clean energy movement is still soaring. Europe, Asia and states across US are not slowing down. My finger hovered over the Sell button.. then it stepped back. This is not the end of Clean Energy. It is a reset and when it turns green again, I will be ready. 🚀🚀🚀🌛🌛🌛💰💰💰
🌞 Solar Stocks Burned: Will the Sun Rise Again for Clean Energy Investors?
$Sunrun(RUN)$ $SolarEdge(SEDG)$ $Enphase Energy(ENPH)$ $First Solar(FSLR)$ Solar stocks have faced a dramatic reckoning. With Sunrun and Solaredge down more than 40%, Enphase Energy over 26%, and First Solar shedding over 20%, the clean energy sector is in turmoil. This comes after the U.S. Senate proposed a full phase-out of federal tax credits for solar and wind energy by 2028. But is this the end — or a reset? 📉 What Triggered the Collapse? The clean energy sell-off was
Next Price Target For Circle (CRCL) $300 Possible? Here's Why?
$Circle Internet Corp.(CRCL)$ has certainly had an explosive start to its public trading, and reaching $300 in share price is a target some analysts believe is achievable. The most significant factor to catalyze a sustained move to $300 would be the widespread and unambiguous regulatory clarity and institutional adoption of stablecoins, particularly USDC, as a mainstream payment and settlement rail. In this article, I would like to explore the reason behind the why it might be achievable. Regulatory Validation: Recent legislative developments, such as the U.S. Senate passing the GENIUS Act, indicate a growing seriousness from governments regarding stablecoin regulation. Clear and favorable regulations would significantly de-risk stablecoins for tr
Once you are in a trade, your focus shifts to risk management and profit-taking.1. Setting Your Stop-Loss (The Defensive Play) A confirmed candle close below the central level is one way to exit, being mindful that it can sometimes result in a larger loss. A predefined stop-loss is essential.The "Buffer Zone": Instead of placing your stop at the central level, you place it a certain percentage below it. This creates a buffer to absorb volatility.Low Volatility: A 0.5% buffer below the level might be sufficient.High Volatility (wide level ranges): A 1% buffer gives the trade more room to breathe and respects the current market conditions.2. Reading Momentum at the Next Level (The Offensive Play) When the price breaks through a resistance level (first, or second) or a support pivot (first, o
Executing the Trade: Entry Strategies and Patience
With the weekly bias established by the chart and the central level as your guide, you can now look for an entry.Method 1: The Confident End-of-Week Entry An investor or a swing trader might open a long position around the close on Friday or the open on Monday, based on the strength of the weekly setup alone. The plan is simple: stay in the trade as long as the price remains above the central level ($535 for $SPDR S&P 500 ETF Trust(SPY)$ , or $5,384 for $S&P 500(.SPX)$ ). This approach relies on the power of the weekly signal.Method 2: The Patient Pullback Entry A trader looking for a better risk-to-reward ratio might wait for a pullback. This is where the use of 4-hour (4H) and 2-hour (2H) charts
The foundation of my strategy is a "top-down" analysis. Instead of getting lost in short-term price movements, you start with the big picture and progressively zoom in. This ensures your intraday actions are aligned with the larger, more powerful market trend.Step 1: The Weekly Chart Sets the Stage Before even looking at a central weekly level, you determine the market's overall sentiment from the weekly candlestick chart. This is your strategic bias for the entire week.SPX Example: For the week ending April 25th I posted the chart presented below, the $S&P 500(.SPX)$ didn't just have a random up-week. It formed a bullish reversal setup. This was suggested by:Price Action: A strong bounce off a low point recovering the central weekly level.Can
Sell and Observe - The NASDAQ entered a Bearish zone
Looking ahead, we expect the market to exhibit a supportive, upward-biased trading pattern toward the end of this week and into early next week. However, this will likely be followed by renewed selling pressure later in the week, leading to a potential correction that could extend into early to mid-July. $NASDAQ(.IXIC)$$NASDAQ 100(NDX)$$Invesco QQQ(QQQ)$ Since our previous analysis, several high-impact developments have significantly influenced the market landscape.The most notable was the second round of trade negotiations initiated by a phone call between former U.S. President Donald Trump and Chinese President Xi Jinping. These discussions led to in-person ne
Daily Charts - Bulls praying to Lord Powell for rate cuts
1.Bulls praying to Lord Powell for rate cutsImage2.Global Inflation Projections 🚨 Ouch for TurkeyImage3.U.S. National Debt surpasses $37 Trillion for the first time in history 📈 Congrats everyone, we did it 🥳🫡🫂Image4.Natural Gas on track for its 5th consecutive green day, its longest winning streak since February 📈📈Image5.Consumers now expect inflation to jump to 7.3% over the next 12 months, the highest reading in 44 years 🚨🚨Image6.The odds of an interest rate cut by the September FOMC have soared to over 71% 🚨🚨🚨ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account and enjoy up to 6 months of