LEng LEng
liked
Another quick update since yesterday went south.
This will just be quick. The market wants more downside. A lot more. This could be a huge years long top. I don't like the way it topped. it's not a true top to me, not that that matters to the markets. We could see a strong rebound. but not until we get to a good holding point. Watch the 5 MA on the daily chart. As long as price remains below that the upside is limited.
$Invesco QQQ Trust(QQQ.US$
I'm looking at more downside to ...
This will just be quick. The market wants more downside. A lot more. This could be a huge years long top. I don't like the way it topped. it's not a true top to me, not that that matters to the markets. We could see a strong rebound. but not until we get to a good holding point. Watch the 5 MA on the daily chart. As long as price remains below that the upside is limited.
$Invesco QQQ Trust(QQQ.US$
I'm looking at more downside to ...
+1
Unsupported module.
Please view on mobile devices.
13
15
LEng LEng
liked and commented on
$Lion-OCBC Sec HSTECH S(HST.SG$
MACD Indicator
The Moving Average Convergence Divergence (MACD) indicator or oscillator is a popular indicator for identifying trends and reversals. The idea is that, once the indicator has signaled a significant change in market behaviour, turning from bullish to bearish for example or vice versa, you have a potential entry or exit point.
The MACD is all about the convergence and divergence of the two moving averages. Convergence occurs w...
MACD Indicator
The Moving Average Convergence Divergence (MACD) indicator or oscillator is a popular indicator for identifying trends and reversals. The idea is that, once the indicator has signaled a significant change in market behaviour, turning from bullish to bearish for example or vice versa, you have a potential entry or exit point.
The MACD is all about the convergence and divergence of the two moving averages. Convergence occurs w...
11
2
LEng LEng
liked
$Jardine C&C(C07.SG$
May be forming a cup with handle pattern. May break out of 27 this time.
May be forming a cup with handle pattern. May break out of 27 this time.
4
3
LEng LEng
liked
$XPeng(XPEV.US$
Imagine if a Chinese company announced plans to build the biggest electric-vehicle (EV) battery factory the world had ever seen.
Up to USD5 billion would be spent on a single plant to manufacture more power packs every 12 months than the world produced last year. The sprawling facility might cover four square kilometres, employ an army of 6,500 people, and drive costs down 30%, devastating any competitors that failed t...
Imagine if a Chinese company announced plans to build the biggest electric-vehicle (EV) battery factory the world had ever seen.
Up to USD5 billion would be spent on a single plant to manufacture more power packs every 12 months than the world produced last year. The sprawling facility might cover four square kilometres, employ an army of 6,500 people, and drive costs down 30%, devastating any competitors that failed t...
11
1
LEng LEng
liked
$Tesla(TSLA.US$
Elon Musk is promising the robotaxi again.
From 2016, Musk has been telling customers and investors that the electric carmaker is on the cusp of achieving fully driverless cars.
Yet nothing. So, is this time any different?
Investors are grappling with understanding what's aspirational and what's at-present as Musk teases plans to reveal Tesla's long-promised robotaxi in Aug. His announcement came after a Reuters report he was giv...
Elon Musk is promising the robotaxi again.
From 2016, Musk has been telling customers and investors that the electric carmaker is on the cusp of achieving fully driverless cars.
Yet nothing. So, is this time any different?
Investors are grappling with understanding what's aspirational and what's at-present as Musk teases plans to reveal Tesla's long-promised robotaxi in Aug. His announcement came after a Reuters report he was giv...
3
3
LEng LEng
liked
$Tesla(TSLA.US$
A crucial level to watch out for is the support level of 152.37 which is the Apr 2023 low. A breakdown may mean a free fall.
$BYD COMPANY(01211.HK$ $BYD Co.(BYDDF.US$ $XPeng(XPEV.US$ $NIO Inc(NIO.US$ $Li Auto(LI.US$
A crucial level to watch out for is the support level of 152.37 which is the Apr 2023 low. A breakdown may mean a free fall.
$BYD COMPANY(01211.HK$ $BYD Co.(BYDDF.US$ $XPeng(XPEV.US$ $NIO Inc(NIO.US$ $Li Auto(LI.US$
3
LEng LEng
liked
$Riverstone(AP4.SG$
Rebounded from 0.76. Resistance breakout at 0.79. May rise to resistances around 0.87-0.88 and 0.90.
$Top Glove(BVA.SG$ $Medtecs Intl(546.SG$ $UGHealthcare(8K7.SG$
Rebounded from 0.76. Resistance breakout at 0.79. May rise to resistances around 0.87-0.88 and 0.90.
$Top Glove(BVA.SG$ $Medtecs Intl(546.SG$ $UGHealthcare(8K7.SG$
5
34
LEng LEng
liked
$Tesla(TSLA.US$
Tesla Said To Be Laying Off Over 14,000 Employees
Tesla is reportedly laying off over 10% of its global workforce amid weak demand for its EVs. Tesla gave a weak outlook for the whole of 2024. Its Q1 delivery was much worse than expected with a year-over-year drop.
The layoff aims to reduce costs and eliminate the duplication of roles and job functions, Electrek reported, citing a company-wide mail sent by CEO Elon Musk.
"There...
Tesla Said To Be Laying Off Over 14,000 Employees
Tesla is reportedly laying off over 10% of its global workforce amid weak demand for its EVs. Tesla gave a weak outlook for the whole of 2024. Its Q1 delivery was much worse than expected with a year-over-year drop.
The layoff aims to reduce costs and eliminate the duplication of roles and job functions, Electrek reported, citing a company-wide mail sent by CEO Elon Musk.
"There...
5
1
LEng LEng
liked
A quick post. I was working on a longer one but i threw my back out and so i covered myself in icy hot and fell asleep 🤣
I wanted to get a post out because we are at a pivitol area in the markets. I still expect a larger drop coming, I would watch for Israel to hit nuclear facilities in Iran, which would lead to more selling as it would show an escalation and a nuclear element. Powell speaks on Tuesday. Powell has been dovish because he has to. he must talk down inflation because ...
I wanted to get a post out because we are at a pivitol area in the markets. I still expect a larger drop coming, I would watch for Israel to hit nuclear facilities in Iran, which would lead to more selling as it would show an escalation and a nuclear element. Powell speaks on Tuesday. Powell has been dovish because he has to. he must talk down inflation because ...
+8
Unsupported module.
Please view on mobile devices.
20
10
LEng LEng
liked
$YZJ Shipbldg SGD(BS6.SG$
Support is around 1.70-1.72. May rise to around 1.98-2.00.
Support is around 1.70-1.72. May rise to around 1.98-2.00.
9
![[empty]](https://static.moomoo.com/node_futunn_nnq/assets/images/folder.5c37692712.png)
![[error]](https://static.moomoo.com/node_futunn_nnq/assets/images/no-network.991ae8055c.png)
![[loading]](data:image/svg+xml;base64,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)