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Sis Cucina,
AEM is still in a UPTREND, unlike Frencken chart(bearish though could be bottoming
butter also can be dead cat bounce). Tradeable but less comfortable.
Frencken chart heading southeast whereas AEM chart pointing toward northeast (I like).
It is forming another Symmetric Triangle B(continuation pattern) like the one before,  A.
Therefore one should expect prices to breakout on the upside(green arrow) continuing its UPTREND. 

All the bre@st

cucina      ( Date: 11-Jun-2022 14:31) Posted: Chartits Tik Talk, Good afternoon.   Thank you for the charts n commentary.   Always enjoy them for being clear n concise.  Very helpful as I' m looking at SingTel n Frencken.   How about doing one on AEM?   Can? Xie Xie..

 

Chartits Tik Talk,

Good afternoon.   Thank you for the charts n commentary.   Always enjoy them for being clear n concise. 

Very helpful as I' m looking at SingTel n Frencken.   How about doing one on AEM?   Can?

Xie Xie..

 

Didnt know Frencken had dropped 56% till I went through some charts today.
Will be find a bottom around $1.00 in the coming weeks or months?
Recent low of 1.06 and another support I have at 0.89c were previous resistances.

 

Simi patttern lai a...........DIAMOND?

 

I am not sure if Netflix is just a pandemic stock, how do you explain
its surge from under $10 in 2012 to $400 in 2018 before covid?

wavehunter      ( Date: 09-Jun-2022 11:25) Posted: Actually, Netflix was not a hot stock to start with. It became hot only becoz of the pandemic. Lockdowns sort of forced people to subscribe for Netflix to while away their idle time. The CEO himself said new subscriber level soared to the Moon but he doesnt expect this to be sustainable. So now that people can go out again to watch movies in cinemas and do their other outdoor stuffs, it is to be expected that some subscribers will cancel their subscriptions than to waste money paying for the service and hardly using it.  Pretty much like what happened to the glove stocks except that in the case of Netflix, it wasnt pump & dump but a temporary surge in its fundamentals. That surge has since dissipated and just like a rocket booster which has run out of fuel, down it must come to obey the laws of gravity.

 

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By: Chartits TikTalk

SINGTEL : Testing uptrend line.
Shaded area labelled A,B,C was previous support where prices managed to bounced in the past.
We are testing point D of the uptrend line and its also the 200ma. Will it rebound this time and from what level?
I can only show you chart, decision is yours. You see what you wanna see.What I say is not important, because
if you agree with me means you see what I see and if you dont agree with me means you dont see what I see.
So, opinion is one thing interpretation is another.

All the bre@st.

 

Ok, the market is now expecting a 75bps hike next week.

 

Aiya
CPI up 1% est 0.7% core +0.6 est 0.5%
Yoy + 8.6% est 8.3% core +6% est 5.9%

Market sold off on the highest than expected numbers

 

Sea Limited is another Angel Falls...-85%
See the Reversal candle sticks at the Top and Bottom.

 

TGIF....Thursday Gone Its Friday

 

Boring again...

 

To hold Microsoft, Apple, Amazon, Facebook is okay but to hold Netflix isn' t.
Any stock which surged to the Moon only becoz of the pandemic but was otherwise a nobody pre-pandemic, will lose its shine.
Microsoft, Apple, Amazon, Facebook etc.... these were giants long before the pandemic came and they are giants becoz of their
strong fundamentals and market leadership. Their strength has nothing to do with the pandemic. In fact, they will become stronger
as the pandemic comes to an end and leaves. 

 

Actually, Netflix was not a hot stock to start with.
It became hot only becoz of the pandemic.
Lockdowns sort of forced people to subscribe for Netflix to while away their idle time.
The CEO himself said new subscriber level soared to the Moon but he doesnt expect this to be sustainable.
So now that people can go out again to watch movies in cinemas and do their other outdoor stuffs, it is to be expected that some
subscribers will cancel their subscriptions than to waste money paying for the service and hardly using it. 
Pretty much like what happened to the glove stocks except that in the case of Netflix, it wasnt pump & dump but a temporary surge
in its fundamentals. That surge has since dissipated and just like a rocket booster which has run out of fuel, down it must come to
obey the laws of gravity. 

 

gotta hold for 20 years liao...

 

Lucky that I don' t have it in my portfolio.
Below is someone else' s portfolio...down 94%..


There is news that Netflix may be buying Roku, a digital media player for video streaming company operating in
a current challenging enviroment. If so, this will pile up Netflix' s challenges. Price has dropped so much but I think
better stay away.

wavehunter      ( Date: 08-Jun-2022 23:52) Posted: See whether by the 8th month she drops by 88% or not then.  TikTalk      ( Date: 05-Jun-2022 17:50) Posted: NETFLIX - In 7 months it dropped about 77% Its share prices is as dramatic as the dramas they provided us for entertainment. Not a falling knife that cuts your hands, its a falling sword that can penetrade through your body. Perhaps they need James Bond to come to their rescue after falling for 77% in 7 months. Just have  to share a incredible fall as amazing as the Niagara Falls or not should be  Angel Falls. Cheers

 

She is all action, no if no but, just do it like nike.

Kendolah99      ( Date: 09-Jun-2022 10:06) Posted: Then we better follow and walk behind Sis MX... TikTalk      ( Date: 09-Jun-2022 09:44) Posted: Quite a few reits has bounced off its low in the last two weeks. Sis MX bought at the right time

 

Then we better follow and walk behind Sis MX...

TikTalk      ( Date: 09-Jun-2022 09:44) Posted: Quite a few reits has bounced off its low in the last two weeks. Sis MX bought at the right time. Kendolah99      ( Date: 09-Jun-2022 09:37) Posted: Look at the past to predict the future....

 

STE - Shooting Star formed. Interesting to see if the market plays to the definition below. 

In  technical analysis, a  shooting star  is interpreted as a type of reversal pattern presaging a falling price. The Shooting Star looks exactly the same as the  Inverted hammer, but instead of being found in a downtrend it is found in an uptrend and thus has different implications. Like the Inverted hammer it is made up of a candle with a small lower body, little or no lower wick, and a long upper wick that is at least two times the size of the lower body.

The long upper wick of the  candlestick pattern  indicates that the buyers drove prices up at some point during the period in which the candle was formed but encountered selling pressure which drove prices back down for the period to close near to where they opened. As this occurred in an uptrend the selling pressure is seen as a potential reversal sign. After encountering this pattern traders often check for a lower open on the next period before considering the sell-signal valid.

As with the Inverted hammer most traders will see a longer wick as a sign of a greater potential reversal and like to see an increase in volume on the day the Shooting Star forms.

 

Quite a few reits has bounced off its low in the last two weeks.
Sis MX bought at the right time.

Kendolah99      ( Date: 09-Jun-2022 09:37) Posted: Look at the past to predict the future....

 

Look at the past to predict the future....