$ProShares Ultra Silver(AGQ)$  Another week, another post. Not going to drag on since most people are already familiar with the topic if you have been following my posts.  Today is not just about AGQ or silver. I have again shared other members from the precious metals group, which align to my thinking 🤔 of what comes next. Silver price on the uptrend making higher highs and higher lows is no longer the news. As I mentioned in my last week's post, this has increasingly becoming a crowded trade. More market participants are growing more concerned rather than confident that silver price might have peaked. This article looks at the other members to dispel this concern. Yes, silver price has been breaking all-ti

$ASCLETIS-B(01672)$ This is one of my current favourite HK-China listed companies. It has been some time since I had shared anything about this company. Fast forward since the last update, its weight loss drug is almost ready, clearing most major obstacles with flying colour.  If you see the charts below, the previous spike to $18 and the recent spike to $15 prior to the current correction are both due to the better than expected test data from the weight loss drug, which are significantly better than the current ones in the market from $Novo-Nordisk A/S(NVO)$ and $Eli Lilly(LLY)$   Today's announcement is about another new drug development. An

I am sharing one of the popular recent trades today. Yes, it's a long time coming home run... I have been patiently gathering silver related miners and ETF, even physical silver itself over the decade or so. Today's sharing focuses only on those buys within the last couple of years. Like those ever-unwavering cryptocurrency or Elon Musk's fan, I am a silver fan. In the early days of silver obsession, my primary focus was in US silver miners or streamers, like $Wheaton Precious Metals(WPM)$ and $Newmont Mining(NEM)$ .  When I moved to Australia more than a decade ago, it gives me the proximity access to understand Australian miners a little bit more. That is when I started phase 2 of my accumu

Nice AI, girl

$ProShares Ultra Silver(AGQ)$   so much uncertainty, which is what's driving precious metals. Silver price at $60 is no longer a matter of "if", even the "when" could be as I typed.  I am not going to lie. Silver is a lot more speculative than gold, but with gold price already making its run, this tag team has to carry on its game. Silver has to play its part.  If you look at the strength of USD, or weakness of the dollar, it is not difficult to understand why we are seeing today's tag team situation. Like I mentioned in my last post, it is not just silver, the accompanying platinum and palladium are doing their own catch up as well.  Looking at cryptocurrency on the other hand, their col

$ProShares Ultra Silver(AGQ)$   Revisit my silver position. Apparently I failed to share in last week's post. Have totally forgotten since I am in a slightly different time zone.  Doesn't matter. The only thing that matters is silver, together with other precious metals group, represented by gold chart below has continued their upward march after a brief period of consolidation. That's correct, as mentioned in my last silver update, the patterns have pointed towards more upside than a double top style of collapse. In fact, silver has finally broken its all time high, clearing $50 easily after the previous failed attempt. $60 is within reach in just a week! That is some kind of unusual strength, more commonly

$ProShares Ultra Silver(AGQ)$  November is ending before I knew what's happening. I am surprised that AGQ is still surviving the ongoing correction in precious metals group, especially after the recent double top observed in silver.  Having said that, after a couple of weeks, the charts in AGQ, silver and gold get progressively clearer. The threat of hitting the downside target of the current double top is diminishing by the day. From both the gold and silver charts below, especially those secondary charts, all indicators point to good support and reversal to the upside. The main charts also continue to stay above the uptrend line. More importantly, support seems to form around $49 for silver, sufficiently away f

$ProShares Ultra Silver(AGQ)$  I was proven right. Remember my last post about the double top? That happened in both silver and the corresponding AGQ, toyed briefly with $100 for AGQ and went back down quickly... The underlying silver price hovered around $50, dropping $4 or 8% in quick successive trading sessions. It even went briefly towards $48-49 range, but it was nowhere near the double top neckline, which is around $46. Therefore, rebound in price has been anticipated. Furthermore, with silver now classified under critical metals list and its annual deficit in place, the price of silver is always going to be supported. Like I had mentioned last week, I never like a quick price movement. Whenever the price moves

I won't waste my ink here on Tesla, just my 2 cents. Looking at 🐯 posts, I don't think I will get many fans with what I am going to say. Tesla, to me, is built on a promise... or a dream (mirage if you asked me). Its valuation does not add up. Of course not, it's floating in the air... hot air! That's why whatever Elon Musk asks, retail investors blindly give. That is not what a good company with proper business and appropriate valuation should behave.  A company with proper products or services will continue to do well even if a bad manager comes on board! Just look at $McDonald's(MCD)$ for a good comparison... mistakes were made, but the company lives on beyond the bad manager.  With such an unstable foundation, it does not take much for bubble to pop... yes, it is a growi

$TSLL 20260116 13.43 PUT$ Quick share... I may be right... or wrong. For now, at least it looks like a double top from the chart point of view. Oh... obviously I am referring to the underlying principle stock, Tesla. Although have so far always been right about its trend direction, I have still been burned multiple times for my shorter time frame trades. Tesla is a volatile company with many Elon Musk's die hard fans, so naturally retail investors are buying up whenever corrections take place. For me, I simply trade trends... yes, it is still in an uptrend, so I am watching $390 closely. The immediate uptrend would broke if this mark doesn't hold. There is still time for confirmation. The immediate target 🎯 for this double top