Jonnbakoo
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ColumnsIs Intel in Trouble?
$Intel(INTC.US$
Big Red Week for Intel
Intel experienced a sharp selloff last week after reporting billions in losses from its foundry business. Apparently, investors didn't like the headlines.
Head-and-Shoulders Pattern?
The selling corresponds with the price breaking down below the neck line of a head-and-shoulders pattern as well as a long-term Fib level. There was high volume associated with the selling. This adds validity to the bearishness. Bearish candlestick pattern...
Big Red Week for Intel
Intel experienced a sharp selloff last week after reporting billions in losses from its foundry business. Apparently, investors didn't like the headlines.
Head-and-Shoulders Pattern?
The selling corresponds with the price breaking down below the neck line of a head-and-shoulders pattern as well as a long-term Fib level. There was high volume associated with the selling. This adds validity to the bearishness. Bearish candlestick pattern...
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Jonnbakoo
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$MicroStrategy(MSTR.US$
That is, 24 percent of Microstrategy's floating stock is shorted. This sets up well for a squeeze. $Bitcoin(BTC.CC$ is currently surging, mainly due to the news that $Coinbase(COIN.US$ has been absolved of it's SEC lawsuit. Add to that:
- BTC halving will occur sometime in the next two weeks, potentially driving up the price of BTC substantially in the short term. MSTR's book value is inherently tied to the cost of BTC, due to Micheal S...
That is, 24 percent of Microstrategy's floating stock is shorted. This sets up well for a squeeze. $Bitcoin(BTC.CC$ is currently surging, mainly due to the news that $Coinbase(COIN.US$ has been absolved of it's SEC lawsuit. Add to that:
- BTC halving will occur sometime in the next two weeks, potentially driving up the price of BTC substantially in the short term. MSTR's book value is inherently tied to the cost of BTC, due to Micheal S...
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Jonnbakoo
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ColumnsOutlook For Grab Holdings
$Grab Holdings(GRAB.US$
Is Grab a Good Investment?
Since going public grab holdings has had quite poor performance compared to its industry counterparts like $DoorDash(DASH.US$ and $Uber Technologies(UBER.US$. This underperformance is likely due to the fact that this company is based in Singapore.
Technically, the stock's price action hasn't been looking too good for a while. But the financial picture looks like it has been steadily improving. Is it a good time to sta...
Is Grab a Good Investment?
Since going public grab holdings has had quite poor performance compared to its industry counterparts like $DoorDash(DASH.US$ and $Uber Technologies(UBER.US$. This underperformance is likely due to the fact that this company is based in Singapore.
Technically, the stock's price action hasn't been looking too good for a while. But the financial picture looks like it has been steadily improving. Is it a good time to sta...
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Jonnbakoo
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In my earlier post on BYD, $BYD COMPANY(01211.HK$ sat on a support level of around 200.
Mentioned in the post that price must trade above 205 to show more bullishness. This did not happen. Eventually, price headed lower.
Now the stock retested the same support again and rebounded. The retest shows that support is firmed at the 200 level.
Hit the follow me button for fresh insights.
Short-term trading instruments:
$BYD MB eCW240703(V2BW.SG$
Mentioned in the post that price must trade above 205 to show more bullishness. This did not happen. Eventually, price headed lower.
Now the stock retested the same support again and rebounded. The retest shows that support is firmed at the 200 level.
Hit the follow me button for fresh insights.
Short-term trading instruments:
$BYD MB eCW240703(V2BW.SG$