New video is up. Are we going to new highs now? With the US indices starting to roll over, are we going to get a higher low or a lower low?!it is all explained in the video what to expect! Stocks tagged in the video also have their technical analysis done!As always trade safe and invest wise!Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos! www.youtube.com/c/investing101channelhttps://youtu.be/m5GS6QZkIKE$Microsoft(MSFT)$$Meta Platforms, Inc.(FB)$${{1cf5affb1161405b8055d32705e6cca5}}
New video is up. Are we going to new highs now? With the US indices starting to roll over, are we going to get a higher low or a lower low?!it is all explained in the video what to expect! Stocks tagged in the video also have their technical analysis done!As always trade safe and invest wise!Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos! www.youtube.com/c/investing101channelhttps://youtu.be/m5GS6QZkIKE$Invesco QQQ Trust(QQQ)$$SPDR S&P 500 ETF Trust(SPY)$$Tesla Motors(TSLA)$$Apple(AAPL)$
$KraneShares CSI China Internet ETF(KWEB)$$Alibaba(BABA)$$Futu Holdings Limited(FUTU)$ As mentioned on my video, the rebound seems likely to happen today base on how China Market is moving currently.Based on volume analysis, you can tell an above average to ultra high volume day on Friday sell off. Yet all 3 stocks futu, kweb and baba bouncing off key support levels. With a significant wick at the bottom of the spread and futu even closing with green doji candle. This are all signs of buyers stepping in at the key support I mentioned and is a good signal to go long. If you have been following my videos you would have known
Current price dip is due to earnings report they mentioned spending more for metaverse and it won't be profitable in the near future. Earnings also missed expectation for revenue and they gave a lower Q4 outlook compared to analyst.
@FuHeng:$Facebook(FB)$Anyone could share their thoughts on FB?