dchua1969

dchua1969

This is the ETF that I am invested in for the long haul......So, if my prediction is right, this fall to close the gap would provide a good opportunity to add more. Last night , 3% fall is pretty scary , due to Fed's announcement of rate cut so it might not play out as I had shown in this chart. That means, after closing the gap, there is a possibility that it...

dchua1969

Currencies play a pivotal role in the trading game, as in importers from China. They buy goods from US and pay in USD , therefore if the CNH is depreciating 2013, that means their costs will get higher. In 2013, 6 yuan equal to 1 USD , fast forward 11 years later, it is now 7.3 yuan to 1 USD. That is almost 11.8% depreciation on a YOY basis for the last 11 years....

dchua1969

These two pairs are commonly used as a proxy of the Chinese economy as it is commodity driven currencies. From this monthly chart, we can see how strong the US dollars has been since 2011. To date, both pairs are still in a bearish trend and I am of the opinion that there is more downside to go....... Please DYODD

dchua1969 Updated 

I am of the opinion that the stock price is more likely to fall than continue going up. So, let's wait for the confirmation where the share price breaks down from the green bullish trend line. You can see the risk reward ratio is very attractive, using little capital for a good profit margin. We can also see after the peak on 11 July 2024, it has come down to a...

dchua1969 Updated 

I have used this software before , it is quite user friendly with lots of templates for idiots who dunno how to create their own websites from scratch. Just type in the text you want and voila, in a short while you have a fascinating website that can be make known to the world. Things have changed so much then, from static to interactive websites to different...

dchua1969 Updated 

See weekly chart It has been hoovering around the 20-34 dollar mark since Feb 2023. It could likely hit above the resistance level at 34.20 soon and once it is established, we can expect it to go higher towards 48. Please DYODD

dchua1969 Updated 

Here's the daily chart for your reference. Please DYODD. Invest with capital that you can afford to lose. DO not borrow on margin to trade/invest. If you get good/lucky, you will become greedy and increase your margin and that is the point you go downhill........

dchua1969

Unless you are not a social media user, then you will know that the fate of Tik Tok in US is darkening by the days......... With President Trump taking over effective 20 January 2025, the timing cannot be more precise. The 45 days grace period is not useful since Tiktok has to consider selling as a prerequisite which they have no intention at all. The two...

dchua1969 Updated 

For those who had missed the Bitcoin rally, fret not ! The market always offer us opportunities if we bother to do our research. I have no idea how much more Bitcoin will continue its rally , maybe 80,90 or even 100k. But once that level is breached, it will goes sideway to form a consolidation. That is the time when altcoins will come into play and start their...

dchua1969 Updated 

I am bullish on this sector for the long haul and will be nibbling on this stock soon. Aging population, getting late to marriage and not having kids after marriage.......this combination will result in more singles, couples keeping furkids more than anything. Currently, the market is fragmented with pretty low entry and I believe over time, there will be some...

dchua1969 Updated 

As you can see from the weekly chart, it has been going sideways since 2022 and assuming you bought it at 235 price level, the market has brought you nothing but disappointment on 3 disappointments. You can see each time it reaches this level, the sellers are there to take profits or short it down. Will this time be different? I certainly hope so as Trump takes...

dchua1969 Updated 

Comparing the 3067 ETF and the top 2 tech stocks of HK, Tencent and Alibaba, we can see that Tencent has broke out of its resistance zone and is rallying higher. Now, Alibaba and the ETF is playing catch up.... I have previously said that if you have limited funds, does not like or dunno how to analyse individual stocks, prefer diversification, the 3067 ETF...

dchua1969 Updated 

Already the market leader in food delivery in China, this amazing company is set to grow further. Inflationary or deflationary environment, people still have to eat and at today's 10-20 set meal being pushed out , the consumer's review on its platform become a first seek out approach to eating out/in. On top of that, people are also using this app to order travel...

dchua1969

December is a rainy season in Singapore and also the school holiday season, prompting many parents to take time off and travel with their families. Those who can afford will go to the European countries while some prefer to take shorter trips within Asia. The exchange rate becomes quite a big deal when you travel as a family as the amount to exchange is usually...

dchua1969

Please take a look at this stock and DYODD. The breakout from the resistance would be a good entry point

dchua1969 Updated 

One of the most hated market currently and some called it uninvestable, the China market has plunged more than 60% from its peak. We are now at an inflection point again, reaching the upper side of the decreasing channel. I believe the property market will take some years to recover , with excess supplies to clear and consumers continuing to adopt a wait and see...

dchua1969

This monthly chart paints a gloomy view of the many property developers listed in China, all crippled with huge debts. They won't be able to survive without stimulus help from the government and that could take a very long time. Price is now back to its 2011 share price, pathetic and humilating to those who had invested in these companies......It is a double...

dchua1969 Updated 

Now, everyone has different investment strategies, time horizon, perspective about market, etc. We all know that Warren Buffett is the world's leading value investor yet he invested in many sectors that are tough to analyse like Oil and Gas, shipping, etc Property sectors in China had its glorious days for several decades but it is over, imo. (at least the next...