$Palantir Technologies Inc.(PLTR)$PLTR Weekly chart [$22.83]- RSI dropped below 50 (bad)- dipped below Yellow parallel channel, Big Red bar + Big Volume (bad, seller in control)- Volume Profile since IPO shows that 70% traded ≈ $21 ~ $28For long term investor (buy on weakness), i guess you know where to AIM (lower range of 70%)Below $21 , you're probably in dangerIF 70% decided to give way of $21, what do you think?My half pinch salt opinion, not vested yet.
$TENCENT(00700)$$Tencent Holding Ltd.(TCEHY)$15/3/2022 Tencent daily chartTencent closed with an Inverted Hammer, a potential bullish candle patternthree conditions met:1. shadow is more than twice of candle body2. occurs with a gap down from previous day3. volume is the highest over past 6 monthsshare price could have a short term rebound back along $335 ~ $350void if share price continues to dip below today's LowInverted Hammer candle pattern article reference:https://www.elearnmarkets.com/blog/trade-with-inverted-hammer-candlestick/#
$Alibaba(09988)$$Alibaba(BABA)$15/3/2022 Baba daily chartBaba closed with an Inverted Hammer, a potential bullish candle patternthree conditions met:1. shadow is more than twice of candle body2. occurs with a gap down from previous day3. volume is the highest over past 6 monthsshare price could have a short term rebound back along $86void if share price continues to dip below today's LowInverted Hammer candle pattern article reference:https://www.elearnmarkets.com/blog/trade-with-inverted-hammer-candlestick/#
$Alibaba(BABA)$How Low can BABA drop?$Amazon.com(AMZN)$ vs BABA monthly chart1. AMZN worst drop in history, gone below 70% POC to low of Hugh buy UP bar as shown2. can observe AMZN volume largely reduced after Dec 2000, you can view as sellers dry up or buyers lost interest in this stock3. it took 10 months! YES! RSI stays below 40 for 10 long months! for AMZN to finally confirm the bottom! (note that RSI did not dip much further, just dragging below 40)now back to BABA1. BABA is right along POC ! but look at the volume.. hardly reduced, you can view as sellers in full control (red candles size are bigger than green candles) OR there is too much "hope" in this stock (media covera
$Amazon.com(AMZN)$Dead Cat bounce🙀?AMZN weekly chartshare price first dip below 40 EMA back in week of 1/3/21 but quickly recoveredsubsequent dip below 40 EMA was on week of 3/1/22 but this time, for many weeks share price continues to stay below amid on volatile ride.weekly RSI weak below 40, 40 EMA turning down, this is more like a bearish distribution before another leg of down move towards 2400 (or commonly known as Dead Cat bounce)void if share price close up above 3175
$JARDINE CYCLE & CARRIAGE LTD(C07.SI)$Triple Bottom breakout soon?Week of 1/6/2020 , 18/1/2021 , 11/10/2021 all reached high of $23+ but subsidedThis week we see a re-test of $23+ again, UP volume has been improving.Ultimate resist estimate along $23.80 , closing above this level should see further upside along $30 in months ahead
$Li Auto(LI)$Sellers are back!6/3/2022Li Auto (LI) weekly chartHUGH sell down back in 29/11/21 not only invalid H&S bottom, but turned out to be a massive resist whenever share price move up to test $30 ~ $32.50 rangerepeatedly accompany with strong sell down candlesALL EMA 10 / 20 / 40 are merging, signalling an upcoming trend reversalRSI downtrend resist remainedExpecting share price to dip further back to $22.50 or even $17.50Void if share price move back above $30 on strong weekly volume (preferably > 100million shares)
$BIDU-SW(09888)$New All Time Low awaiting!!6/3/2022Baidu (9888) weekly chartshare price held within a potential Descending Triangle with flat base along $133downtrending EMA 10 < 20 < 40 resisting upside movebreaking and closing below $133 would be devastating! All time Low with uncharted supportVoid if share price move back above $160 on strong volume
$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$breaks off parallel range!6/3/2022Ascendas Reit (A17U) weekly chartshare price cracked below $2.87 lower range support in late-Janhas been trading in narrow range but continues to held below $2.87typically viewed as bearish distribution given down trending EMA 10 < 20 < 40Expect to further test $2.70 , an upper range resist-turned-support level back between 2017~2019 as shownVoid if share price move back above $2.87 on strong volume
$Tiger Brokers(TIGR)$Heading for a slow decline OR quick plunge!5/3/2022 Tiger (TIGR) weekly log chartrange bound since early Jan, but stock breaking below lower channel support this week ($4.30) weak RSI reading below 40 (bearish), this could result in further decline1. either a slow death OR (refer 23/9/2019)2. a quick plunge (refer 24/2/2020)Void if share price move back above $4.30 on strong volume
$Palantir Technologies Inc.(PLTR)$What could be expected for in 2022 (Technical Analysis)Weekly chart of FSLY vs PLTRTake a look at Fastly (FSLY)- a superb Bull Run between May 2020 ~ Oct 2020- a fast dive in just 3 weeks thereafter- a multi-month Bearish Trap strong rebound, amid on lower volume in general- another fast & sharp drop, smashing way below 40 weeks EMA- an Indecision consolidation that lasted several weeksfor the record, downtrend has lasted 43 weeks since Mar 2021Back to Palantir- a superb Bull Run between Nov 2020 ~ Jan 2021- a fast dive in just 3~4 weeks thereafter- a prolong recovery (Bearish Trap)- another fast dive smashing way below 40 weeks EMA- past couple of weeks have been an Indecision moveGiven the weekl