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Firstly, congrats if you have bought $Activision Blizzard(ATVI)$ before Microsoft's planned acquisition. However are you still holding and waiting for your payday? Are you worried that the stock seems to be dropping bit by bit everyday? Why aren't people scooping up the stock at $79 when there is at least $16 of upside to $95? Technically speaking, the price is "overstretched". If you believe in your Bollinger Band, you will know that price will always be pulled back to the middle of the band. Fundamentally speaking, people are worried whether Microsoft can pull off this deal and are taking profit first. Just look at the strong selling volume on the day when the news broke. This deal is still subject to regulatory approval which will

$MRK 20220121 90.0 CALL(MRK)$Still holding

$Tiger Brokers(TIGR)$$Futu Holdings Limited(FUTU)$ $NIO Inc.(NIO)$ $iShares Global Clean Energy ETF(ICLN)$ $Tesla Motors(TSLA)$ $DraftKings Inc.(DKNG)$ $Tilray Inc.(TLRY)$ $Alibaba(BABA)$ $Baidu(BIDU)$ $Virgin Galactic(SPCE)$

$Virgin Galactic(SPCE)$ Looks like the worst is over.$SPCE has been holding well along the 200 days moving average. With both MACD and the 8/21 days EMA about to crossover, look out for $SPCE to make a strong move within the next 1-2 weeks. 20/Aug $36C looks good. Good luck to all $SPCE fans. Cheers.

$iShares Global Clean Energy ETF(ICLN)$ $ICLN getting ready for breakout. If you are holding $ICLN, you must be wondering why the dirty energy stocks like Exxon and Chevron, etc are all going up while my clean energy ETF is coming down? That's because crude oil has been getting stronger (controlled by OPEC) and the world is not going to shift to clean energy instantly. It will probably take many more years for demand to shift despite all the talks by governments all over the world.Looking purely at the chart, $ICLN has strong support at $21.50. Prices are also congregating along the 200, 50, 21, 8 days moving average. This is a sign that price is being "squeezed" right now and there is a possible breakout in the next few weeks. If you

$Texas Roadhouse(TXRH)$ Gap play for $TXRH. Since Apr 2020, $TXRH has been on a long term uptrend as you can see on the weekly chart. However on 30/July, it dropped 7% as they forecast earnings could be affected due to inflation which will increase food cost. This has created a "bear gap" which I suspect could be market movers trying to short the market and kill all the stop losses first before they buy up the market again. Next week, watch out for the $89 level which has been a support line for this uptrend. If it is broken, it could be the start of a down trend for $TXRH. If it held this support line, then 17/Dec $95C will be an attractive risk/reward play. Good luck!

$Tesla Motors(TSLA)$ $TSLA is in a descending triangle pattern. Everyone loves Tesla. I am also a big fan of Elon Musk and feels incredibly lucky to be able to witness such a genius during my lifetime. Fundamentally Tesla is also doing well, expanding to everywhere on the globe and challenging all the traditional car makers. However looking at the stock chart, $TSLA is in a descending triangle pattern with lower highs ($900, $800, $700) and equal lows ($560). It is also worth nothing that every time after earnings, Tesla seems to start it's descend from there. Unless there is some good surprise from the earnings this time, I expect Tesla to continue this down trend. This descending triangle pattern is considered broken if Tesla breaks

$Netflix(NFLX)$ The bulls defended well. Despite all the negativity after earnings, $NFLX defended well at the 200 days EMA. $505.50 is a strong support line and we will probably see some range bound movement before $NFLX challenge $560 again.

$NIO Inc.(NIO)$ $NIO won't be the next $TSLA. As a trend trader, I will avoid $NIO because I don't see any trend. It is likely $NIO will continue to trade sideways until investors are assured that Chinese stocks are not being targeted by China or US. Fundamentally, $NIO is on the right track with every country pushing towards going green and EV is the way to go. Furthermore, $NIO already has a strong foothold in one of the biggest market in the world. However, I think Western countries are wary of Chinese companies due to privacy, security and geopolitical issues. Just look at Huawei. Chinese government is also wary of their own companies that are being listed in US. Afraid that they may leak national data that are very sensitive nowad

$Home Depot(HD)$ Nice breakout.$HD has broken $328 with a bang after weeks of consolidation within $311 to $325 range. $HD should challenge $340 in the next 1-2 weeks. Cheers.