morning ... saw the selldown in US yesterday, tried to short Nasdaq100 but not done. Sold off AMC opening 4.44 ... and it closed lower as Nasdaq selldown too ...
Thanks for all the BD wishes ...appreciate that.
check out this DOW chart ... perhaps we might see some rebounds next week ... or would it be just breaks the support?
We shall watch ... I m expecting a rebound ...so, short on rebound.
TEH
just done another clip ... on the SHOOTING STAR ... and the MACD crossover I shown yesterday and today ... showing the confirmation of reversal.
SELL.
https://youtu.be/3X9Q1-HHW8Q?si=jZe55b7o9YeZ-apX
TEH
Morning ... done a short clip on KLCI daily MACD crossover as I m updating to all WHY KLCI is pulling back from current level, technically.
Like and subscribe to my youtube channel to motivate me la ... hope I no become lazyyy
https://youtu.be/Onio2h95ThM?si=DXMoVROxtwoer2y4
Finance Index weekly : SHOOTING STAR too. Here I shown why financial-stocks would be reversing too, pulling KLCI down.
Group : join my learning-trading group ...PM me if u wish (NOT free la)!
Treat me coffee ... and I m free to meet up to share more.
TEH
Done the e-meeting on SHOOTING STAR ... checking the strength and how we trade with the candle.
Strength of a "shooting star" (youtube.com)
TEH
A short clip ...continuation of the 'shooting star' I have shown.
Subscribe and like. TQ
https://youtu.be/udpHtQoFAuE?si=FiND11-lILigAmNP
TEH
Morning ... will dedicate some of my time to make YouTube clips and update my blogs ... for newbies and others to learn ... follow my youtube channel and blog ... posted to my facebook.
Got to go for a class now ... continue later.
Click LIKE and SUBSCRIBE ya.
TQ
TEH
https://us02web.zoom.us/j/83661822752?pwd=fLOldZhFqhiMfiIhRXRJk9z68CyxvU.1
Checking INDICES ... selling time.
note : AFTER LZJ's game.
TEH
morning ... Today I would be free ... so, if anyone free for coffee-meet, I would be glad. If not, I would be sitting there having coffee and read my book ...
Checking on NVIDIA ...the most talked about stock(EUPHORIC level) and pulling the NASDAQ100 at historical high ... with few so-called magnificent 7 no longer so mag-nificent, I guess.
Nasdaq100 (futures index) weekly showing BREAKOUT ...but I do not cut-loss my SHORTs and riding it up, with 10% plus paperloss now ... will wait and ADD. It might go vertically up, creating EUPHORIA as it is moving into bubbly territory . Well ... we shall see how high could it go ...19k level is coming ... perhaps 20k? If it is EUPHORIA, we would see Mt Everest or Aconcagua ... haha
Here ... one of my fav peak ... will I ever step my foot there? I doubt so ...
Have a nice weekend.
TEH
morning ... 5,25am. Woke up around 4 plus ... and now sitting down to read The Edge Daily, and checking on markets ....
Gold : Last night I had a talk on GOLD .... and what I am doing to benefit/profit from it. Knowing GOLD at new high is definitely not enough ...do you ever think of HOW to profit from that?
I saw this post ... showing funds flowing to US at historical HIGH level 2021 highest level then US markets went into correction in 2022 ... now we are back into that frenzy buying craze ... brace for DOWNSIDE in 2025 ...in the mean time, enjoy the ride up.
As the liquidity would push US equities higher ... not many talking about RECESSION ... that was 2023 stories. So, u see ... we are in bubble-in-making and NOT EUPHORIA yet .. but it might be. Watch the above chart ... we are going to hit 30T.
Gamuda : Sold all yesterday. TQ for the profits. update on that later, if I m not lazy la ...
TEH
morning ... 7.50am ...preparing for markets opening. A life of a trader ... I thought of writing a blog on that but I know I m no longer have that OMMPP ...to write or blog ... I prefer to do my GARDENING everyday!!
ATAIMS : wait for breakout 35 cents to consider ...so, wait.
note : I prefer UPTRENDING new high stocks such as SPSETIA, SUNCON, SUNWAY , YTL etc ...
we men bu i yang.
TEH
3am ... woke up to check on markets ... slept too early last night as I was out the whole day ... tuition earlier in morning ... then met up with a 'lady' for free breakfast (and we continued to have lunch together!) ... whole day, talking about stock markets, finances and HK-CHINA stocks!!
Yes ... if you are in finance-account line and u r working in HK, then we have many things to talk about... I m currently more focus in HKSE as it is 'cheap' and crashed.
Greed is back in markets as US equity-markets hitting ALL TIME HIGH.
Many headlines in MEDIA talking about the historical level as DOW hitting and stayed slightly above 40000 ... the magical number ... and we shall wait for 44, 444 to SHORT DOW ... 4 = die la, mati ...haha.
Coffee-meet : MAY and JUNE ... I would still be free to meet up for those willing to treat me coffee-lunch or dinner!!
Knowing GOLD at new high is not important ...everyone kinda knew that ... but more relevant question to ask ..HOW do we profit from that.
THINK ... analyze ... and execute. Good luck!
Back to reading ... night or morning.
TEH
Happy Teacher's Day to me
Let me do some teaching today!! haha
https://us02web.zoom.us/j/86889793347?pwd=R0YyelhMUkQybHd5dzlXQk82QStoUT09
TEH
Morning ... Tenaga at new high, my electricity bills hitting historical high too as these are VERY HOT month ... with all air-conds on for hours ... and my son is at home, waiting for his SPM results.
Myeg : the best trade of the week.
Will I take back MYEG? Yes ...only if there is a SET UP.
In trading it is all about PLANNING, STALKING ... and EXECUTION.
If one do not understand what I meant by SET UPS ...then you are not a trader. It is okay ...be investors ...buy good stocks, hold and DCA it ...till it goes over-valued ...
Have a nice weekend. Seeing my mom, sis n bro later.
OFF
TEH
TRADE UPTREND ... NEW HIGH (52w or historical high).
Look for FB : Trade Like Jesse Livermore
I won't mind add those in who are INTERESTED to learn from the above book.
I would try to share 2 pages per day ...or alternative days.
TEH
9.30 am ... morning ... Suncon moving to NEW HIGH. Good.
morning ... listening to Jesse Livermore (audiobook) ... reminded me to FOCUS on new high, uptrending stocks.
So ... I am like GAMUDA ... new high.
Gamuda : check the chart. Breakout. Buy.
That is how Jesse Livermore, my mentor trade. But he hold these up .....without SELLING and AVERAGE them up ... cool. That I need to learn ...
So, wish me luck as I m going in larger into all these UPTRENDING stocks.
TEH
2pm ... rest ... waiting for Malaysia vs China , Thomas Cup. It is not impossible for us to upset them ... so, worth the fight, at least.
I have shown MYEG which I m still watching for BREAKOUT.
https://cpteh23.blogspot.com/2024/05/stock-watch-myeg.html
As mentioned, the third stock to share here is FRONTKN as it is pending BREAKOUT into NEW HIGH.
I like uptrending, NEW HIGH ...
Frontkn : wait for BREAKOUT to add ... as I have positions.
BUY or SELL at own risk, ya.
I am free this MAY ... treat me coffee , I will share some ideas ..in trading.
TEH
11.30 am ... time to check on her after THAT surge ... forming white pole.
10am ... bought back YTLpower in opening ... gogogo ... see if at new high. HOLD it up.
YTL moving too ...
YTLPower weekly candle. second. hold it up.
note : buy at own risk .
2.30pm ... just done the list to trade up for JULY ... the DATA CENTER (DC) theme play, of coz. Traders follow TREND and IGNORE noises ......
