Currently at a 24% discount off the peak of 775.5HKD on 17 Feb 2021, China/HK techs been facing alot of noise due to China Government policies to rein in the tech sector. Currently after the 2.8Billion USD fine on Alibaba, there was a major news selloff on the 13 Apr 2021 that regulators invited most tech for a meeting such as Tencent / JD / Meituan / Pinduoduo...
Been side trading in the 180-190 range for a couple of weeks, creating a wedge and we should see a upside soon. support region at the 50MA - 185.5 & 100MA 175. Long position due to; 1)COVID recovery play / hybrid business model consisting of traditional & streaming 2) strong vaccine push in the US, good for theme parks recovery 3) Growth potential thanks to...
Xiaomi is manufacturer for IOT products which syncs great with Apple or Android Devices. Currently its trading below the 50MA and is oversold at the moment. Support at around the 26.5-27 HKD region with the 2nd support at 22.85-23 region (close to the 200MA) The Wedge pattern is also close to the support region and a rebound is expected. this post as a great...
FCT management has done a excellent job for potential growth recovery. instead of following the routes of most reits chasing data centers which they may face issues such as - lack of experience operating them - acquisition route might be too costly in short term basis / may need to upgrade components - profitability may be affected in long term if there is a over...
The markets correction is providing an opportunity for entry an amazing ETF. the cross point is around 88.50, with strong resistance support at around 84.50-81 levels. With Battery Day looming, a potential rebound may occur (Tesla) Not to forget Nikola is battered with the resignation of Trevor, leaving few rivals to compete in the markets. For those whom one...
Paypal has fell past a fair bit during the recent selloff, giving opportunity for a potential rebound to occur. We should see rebound patterns to form, reasoning why a rebound may occur; - very strong resistance point between the 178-183 levels. - past the 50MA. - William R has reach oversold region along with the ATR both passing the 80 region mark. we do expect...
Currently close to a very strong resistance point at around 128-130 range the next support resistance point is at 116-117 range. Key pointers; like a portfolio, Disney is a great diversified business - media - theme parks - hotels & cruise - merchandise & royalties - Disney+ (recently Mulan movie featured there!) Theme Parks / hotels & cruise account for around...
Starbucks has recently announce its earnings and management are optimistic that Q3 / Q4 Earnings will improve further as economies around the World start to open up. Also the lines has been trending on the a strong resistance point multiple times. 29 Jul Fed will be announcing with regards to the 1 Trillion funding which is dovish in sentiments (once you jump...
CDL Reit has seen a sharp drop due to the circuit breaker and flight aviation stop around the world, resulting a big drop in earnings and drop to its DPU. Currently hovering close to the resistance point of 0.94 may have a rebound subjected to the following conditions; Gov proactive in stimulating tourism with fast lane approvals with Asean Countries Changes in...
More Data Centers = More Resistance during COVID including recent entry by institutional investors / funds such as BLACKROCK Base on Fib Retrenchment once we pass the 0.61 Fib more upside on the way.
Currently downward trend close to the resistance line of around 1.85, if it break through downwards, we should see it test the 1.76 region and so forth. Points to consider tenants ability to survive the current pandemic impact If measures impose by Government would help to stimulate sufficient spending. tourism recovery vaccine news. What do you guys think? Do...
Currently on a bearish trend, coming close to the resistance line of around 20.41 If it break out and move upwards, we should see a upside of around 21.70 around 10 Sep 2020. 30 Oct would reach around 23.30 where we will test the next resistance. factors that may impact its performance. Pros GSS How fast the programs implemented by Government / STB to stimulate...
Looking towards a down trend, currently trending on the resistance line at 9.60 with further room for downward trend. Lowest 3 month target - 8.93 Highest 3 month target - 10.03 Whats your opinion?