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pootpoot
joined discussion · May 8 14:23
$Alphabet-A (GOOGL.US)$ almost time it drop back to retest s...
$Alphabet-A (GOOGL.US)$ almost time it drop back to retest support
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Amidst the uncertain outlook of the trade war and escalating concerns about an economic recession, gold prices have repeatedly reached new highs this year, at one point surpassing $3,500 per ounce. This marks an almost 30% increase since the beginning of the year. For investors in U.S. equities, investing in gold mining stocks represents a significant opportunity to ride this wave. Amidst the uncertain outlook of the trade war and escalating concerns about an economic recession, gold prices have repeatedly reached new highs this year, at one point surpassing $3,500 per ounce. This marks an almost 30% increase since the beginning of the year. For investors in U.S. equities, investing in gold mining stocks represents a significant opportunity to ride this wave.
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Wei13 : Are you implying a Put?
红油抄手 : Ms. Pootpoot, based on current trend it still might drop? Overnite market it constantly rise up... Please advice.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
pootpoot OP : 153 154 resistance i mentioned yesterday it will test and return back to 146 retest. daily timeframe death cross . short term may see more pain unless index flies over 570 today. if Google bounced before ytd low, then likely may reverse upside. but note that it already closed below the ascending channel. looks bearish to me in the short term
Warrior Zen : Thanks for the view, poot2. i have the same idea esp after Apple announced intent to use its own search engine. will be watching to load some Goog puts tonight.
红油抄手 pootpoot OP : Thanks. I misunderstood that as long as it able to stand still at 153 or 154 then it will head up not going back down for 146 already. Thanks for clarify my doubt.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
pootpoot OP 红油抄手 : that is correct but provided index climbs past 565. which is something to keep an eye on.
红油抄手 pootpoot OP : Ic... So beside we analyse the goolge chart, we also need to analyse index chart as well. But based on today tariff news, I think the chances for index to go beyond 565 is hight right?
財寶 : agreed! what do you think about nvidia
狗仔嫖过娼 pootpoot OP : Is it a Call.
pootpoot OP 红油抄手 : I am not sure. Jerome Powell did mentioned that unemployment rate on the rise and inflation. that doesn't sound good to me. so I'm taking profits first and watch at the sidelines. I'm OK to miss this rally. I believe there are always opportunity again.
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