Ah_Meng

    • Ah_MengAh_Meng
      ·11-25
      $ProShares Ultra Silver(AGQ)$  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
      7033
      Report
    • Ah_MengAh_Meng
      ·11-22
      Of course buy bitcoin… $Strategy(MSTR)$ is just an instrument of buying bitcoin with no value-adding and thus should never have command any premium. The people giving MSTR a premium over bitcoin is simply gambling… like you said, his platform is open for all to see, there is nothing premium about it over bitcoin. If a person is bullish on bitcoin, just buy it rather than throwing premium into an instrument that does nothing else than buying bitcoin. Not to mention the borrowing cost that would weigh on MSTR should bitcoin price goes way down. Remember, the value of bitcoin can stay substantially high or low for long. That doesn’t mean anything. It is just a computer algorithm. But for MSTR, it could mean bankruptcy… bitcoin could still strive long
      @koolgal
      🌟🌟🌟Why is Michael Saylor fundamentally different from the others? While he is controversial & has made risky bets, his venture is fundamentally different. $Strategy(MSTR)$ is publicly traded & operate under SEC security. MSTR 's Bitcoin holdings are on a public ledger. While Saylor was involved in past tax fraud & accounting issues, his Bitcoin strategy is open & clear for all to see. Saylor' s bet is a highly speculative, high leverage investment that could go to zero if Bitcoin crashes. It is a gamble and anyone investing in MSTR is knowingly buying into that volatility. Bitcoin is a real if volatile asset with transparent ownership. Its value is determined by the market, not by Saylor's ability to decei
      🌟🌟🌟Why is Michael Saylor fundamentally different from the others? While he is controversial & has made risky bets, his venture is fundamentally different. $Strategy(MSTR)$ is publicly traded & operate under SEC security. MSTR 's Bitcoin holdings are on a public ledger. While Saylor was involved in past tax fraud & accounting issues, his Bitcoin strategy is open & clear for all to see. Saylor' s bet is a highly speculative, high leverage investment that could go to zero if Bitcoin crashes. It is a gamble and anyone investing in MSTR is knowingly buying into that volatility. Bitcoin is a real if volatile asset with transparent ownership. Its value is determined by the market, not by Saylor's ability to decei
      456Comment
      Report
    • Ah_MengAh_Meng
      ·11-19
      $ProShares Ultra Silver(AGQ)$  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
      3283
      Report
    • Ah_MengAh_Meng
      ·11-14
      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
      1.01KComment
      Report
    • Ah_MengAh_Meng
      ·11-14
      Ahhh… this article goes likely to 🐯 new theme… but a pity nobody reads it… sigh… 😮‍💨 @Tiger_comments , can you repost it under the Friday Tesla discussion or do I need to copy and paste over to share it with a wider audience? Tesla, to me, is built on a promise… or a dream. The valuation does not add up and that’s why whatever Elon Musk asks, retail investors blindly give. That is not what a good company with proper 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 management. With such unstable founda
      @Ah_Meng
      $TSLL 20260116 13.43 PUT$ 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
      $TSLL 20260116 13.43 PUT$ 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
      410Comment
      Report
    • Ah_MengAh_Meng
      ·11-14
      $TSLL 20260116 13.43 PUT$ 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
      6277
      Report
    • Ah_MengAh_Meng
      ·11-13
      $ProShares Ultra Silver(AGQ)$  I have mixed feelings on this... on one hand, I feel totally validated for staying the course on precious metals group, especially silver. On the other hand, I don't like the sudden spike in prices. Sure, big price jumps bring feel-good factor. Those are for egos boosting, not long term investment health. Big spikes usually followed by corrections, so I never liked them... RSI as a result of this sudden spike in prices crossed 80... it does feel overbought at this stage for AGQ. I am watching it closely, especially at $98.97 signalled a possible double top, as can be observed in the main chart for AGQ. Having said that, there may be more to it. MACD looks good... very good indeed, it fee
      5616
      Report
    • Ah_MengAh_Meng
      ·11-12
      $AML3D LTD(AL3.AU)$ a slight rebound in recent days... the stock price is still in consolidation phase, but green shoots are beginning to show. Just take a look at its secondary charts 📈 of RSI and KDJ, a leading indicator for me, for a possible turnaround. Volume has been low, which is positive. That is the best consolidation indicator, as holders are not panicking... when all the weak holders have left the market, selling stops and the trend reversal will take place. The only secondary indicator not looking up is MACD, but this could turn quite quickly as well. Now, we bide our time and wait. As mentioned above, volume is low, very low by its normal standard. The market cap is only at $99M, a considerably low level. As mentioned two weeks ago,
      1.29K4
      Report
    • Ah_MengAh_Meng
      ·11-09
      $CRITICAL METALS CORPORATION(CRML)$ I managed to survive another week... November doesn't seem to begin kindly for my positioning, with heavy tilt towards precious metals group and other so-called critical metals group. Yup, if you have read my numerous articles, most are about gold, silver, platinum and palladium (precious metals group or PMGs), or some critical metals like rare earth minerals, copper, lithium, etc. I am not heavy on technology, although I work in the tech industry all my life, either dealing with research, high tech manufacturing or patents. I have sidetracked... I am in love with commodities... especially PMGs. Do you know what commodities are? They come from the word, common! Meaning basic and standardised interchangeable good
      1.04K6
      Report
    • Ah_MengAh_Meng
      ·11-09
      $SBSW 20260116 11.0 CALL$ I have restarted another new position for $Sibanye(SBSW)$. I have had successes with this miner in a few occasions. Sibanye has been stuck in an unwanted zone for quite a long while as the prices of both platinum and palladium suffered.  Sibanye is a predominantly platinum and palladium miner if you have not guessed it. The mines contain some gold and silver (a lot less than gold), but around 60% platinum and palladium. From the weekly chart below, you can see the rise and rise of Sibanye share price, contributed by the rise and rise of the prices of both palladium and platinum, as shared in one of the example chart below. They have simply followed the r
      6451
      Report
       
       
       
       

      Most Discussed