Binni Ong
Binni Ong
Sgx Academy Trainer, trades forex, stocks, futures, gold and oil
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JD.com (9618) Surges 20% in 5 Days – Is There More Upside Ahead?

JD.com $JD-SW(09618)$ has seen an impressive 20% price surge over the past five days, driven by a combination of positive developments, including a rating upgrade, a higher price target from Jefferies Group, and strategic initiatives like its new aquaculture project and app features. This rally has sparked interest among investors, raising the question of whether the stock still holds further upside potential. Recent news in JD.com JD.com received a rating upgrade from Jefferies Group last week, driven by its strong Q4 performance. Jefferies also increased its price target for the company by 33%, raising it from $45 to $60. In other developments, JD.com partnered with a government-operated technology firm to establish an aquaculture farm in Guang
JD.com (9618) Surges 20% in 5 Days – Is There More Upside Ahead?
avatarBinni Ong
2024-12-16

NVDA Lags Behind the Magnificent 7: Hidden Opportunity or Warning Sign?

While other M7 stocks like $Tesla Motors(TSLA)$ and $Meta Platforms, Inc.(META)$ made new highs, $NVIDIA(NVDA)$ failed to trade higher. I’m going to do a technical piece on the stock and present it with key levels. NVDA Daily chart Technical Analysis of NVIDIA (Daily Chart): Head and Shoulders Pattern: A potential bearish head and shoulders pattern is forming, signaling a trend reversal if confirmed. Neckline Support at 131: The critical support lies at $131. A decisive breakdown below this level could trigger further downside. Projected Support at 120: The uptrend line aligns with a key support at $120. This area could act as the next target if the breakdown occ
NVDA Lags Behind the Magnificent 7: Hidden Opportunity or Warning Sign?
avatarBinni Ong
2024-10-17

Nvidia At All-Time High: What’s the Best Move Now?

$NVIDIA Corp(NVDA)$ has reached an all-time high, but with semiconductor ETFs dropping and the market showing mixed signals, what should investors do next? Is it time to take profits or hold on for long-term gains? I made a video on my thoughts on $NVIDIA Corp(NVDA)$, highlighting a key level to note which will decide whether the stock will head up or down in the near future. Bullish on NVDA -> Long DLC ( $NVDA 3xLongSG261006(NVIW.SI)$ ) Bearish on NVDA -> Short DLC ( $NVDA 3xShortSG261006(NVDW.SI)$ ) Remember to hit the follow me button for fresh and exclusive thoughts.
Nvidia At All-Time High: What’s the Best Move Now?
avatarBinni Ong
2024-12-31

Tesla: My Best Trade of Q4 2024 – A Journey from $235 to $417

I made a video on $Tesla on 7 Oct 2024, which I posted here (can’t post external link). In the video, I highlighted Tesla's key support level at $235, emphasizing its significance during pullbacks as the stock remained in a broader uptrend. The analysis underlined how Tesla had shown resilience at this level, making it a pivotal area for potential rebounds. Tesla’s Current Performance As of December 30, 2024, Tesla’s stock has rallied significantly and is now trading at $417.41. The stock's ascent from the $235 support level is a testament to its strong momentum and the technical analysis shared earlier. For those who tracked and acted on this analysis, it has been a rewarding journey. Tesla DLC Performance For invest
Tesla: My Best Trade of Q4 2024 – A Journey from $235 to $417
avatarBinni Ong
2024-10-19

Trading Amazon.com before earnings. Why this level is so critical.

I've been watching Amazon.com recently as prices have been hovering near the $190 level. First, let's discuss why $190 is such an important level. Weekly chart From 2021 to 2024, $190 has acted as a key resistance level. Between late 2021 and 2022, the price fell nearly 55% from this high. $190 is a key resistance level Daily Chart $Amazon.com(AMZN)$ previous earnings on Aug 2024 saw price gapped down but soon recovered to test the $190 level again! With the upcoming earnings, the price has once again challenged the $190 level, highlighting its significance to the stock. As you know, predicting price movements during earnings is difficult. Based on the current chart pattern—a cup and handle, which is a bullish continuation pattern—I believe the pr
Trading Amazon.com before earnings. Why this level is so critical.

Alibaba Stock Analysis: Bullish Divergence and Resistance in Focus

Alibaba ( $BABA-W(09988)$ , $Alibaba(BABA)$ ) is expected to show strength in its cloud and e-commerce units for the December quarter, with Nomura projecting 10% cloud revenue growth and 4% growth for Taobao and Tmall. Customer management revenue is forecast to rise 6%, improving from 2.5% in the September quarter. Nomura maintains a buy rating with a US$130 target price for its ADRs.  Alibaba’s earnings report is scheduled for January 29, 2025.  This analysis explores the technical aspects of Alibaba chart and highlights key levels.  Technical Analysis of Alibaba (9988.HK) Trend Analysis Since early 2024, Alibaba has been in an uptrend, forming higher highs and higher lows. The rising tre
Alibaba Stock Analysis: Bullish Divergence and Resistance in Focus

Nasdaq 100: Breakout Signals Bullish Momentum

Overview The $NASDAQ 100(NDX)$ remains in a strong and well-established uptrend, reflecting continued bullish sentiment in the broader market. Notably, the price has broken above the upper boundary of the equistance channel, signaling strength and the potential for further upside. At the end of the first week of 2025, a bullish hammer candlestick pattern appeared, reinforcing the likelihood of continued bullish momentum. What Is a Channel? A channel is a technical pattern defined by two parallel lines that encapsulate price movements over a period.In an uptrend, the lower line acts as support where buyers typically step in, while the upper line serves as resistance where sellers might emerge. When price trades consistently within the channel, it si
Nasdaq 100: Breakout Signals Bullish Momentum
avatarBinni Ong
01-23 13:31

Is This Dip the Perfect Opportunity for Hang Seng Tech?

In this video, we explore the Hang Seng Tech Index ( $HSTECH(HSTECH)$ ), which represents Hong Kong’s tech market 🚀. Here’s what we cover: ✅ Last year, the index surged 60%, and the recent drop might just be a healthy pullback. ✅ We look at price patterns: it’s still moving up overall, with key obstacles around 4,800 and 5,000 points. There’s strong support holding at 4,670 points. ✅ If the index pushes past these obstacles, it could climb even higher. More information about DLCs: Mirae Asset DLCs: https://dlc.miraeasset.hk/ SocGen DLCs: https://dlc.socgen.com/en/usdlc UBS DLCs: https://dlc.ubs.com/ More about Trading DLCs (Daily Leverage Certificates): ✅ High Leverage: Amplifies returns, allowing you to gain more from small price movements. ✅ N
Is This Dip the Perfect Opportunity for Hang Seng Tech?
avatarBinni Ong
2023-10-13

Is the Japan Stock Market a Good Investment in 2023?

The ‌$SGX Nikkei 225 - Dec 2023(NK2312)$  ‌ has broken a new high in 2023. Is the Japan stock market a good investment? In this video, we discuss the factors that are driving the Japanese stock market higher and whether or not it is a good time to invest. Included in the video are key levels for short-term trading too. Watch the video here: https://youtu.be/gnlgLSXGtu4
Is the Japan Stock Market a Good Investment in 2023?

Hang Seng Tech Index Analysis: Signs of a Reversal or Continuation?

Overview of the Chart: The $HSTECH(HSTECH)$ Index has been trending downwards overall but shows clear interaction with support and resistance levels. A prior resistance level (green horizontal line), marked by two peaks in the past, has now become a key support level where the price is hovering and forming a doji candlestick. Why am I noting on the index now? When resistance is broken, it often flips to support, as seen in the chart. This happens because traders who missed the initial breakout see the retest of this level as an opportunity to buy, while sellers from before are now out of the market. A doji candlestick has occurred near to this level. Doji occurs when the open and close prices are nearly the same, forming a small or nonexistent b
Hang Seng Tech Index Analysis: Signs of a Reversal or Continuation?
avatarBinni Ong
2024-12-13

Educational: How to calculate target profit from a cup and handle pattern - case study on AAPL stock

This is an educational piece. When it comes to stock investment, I always keep an eye out for the cup-and-handle pattern. It's one of my favourite and most reliable patterns. Cup and handle pattern A cup-and-handle pattern is a bullish continuation pattern where the price forms a rounded "cup" followed by a smaller consolidation or "handle." Once the price breaks above the resistance at the rim of the cup, it typically signals strong bullish momentum with the potential for a significant upward move. AAPL cup and handle pattern How to Measure the Target Price of a Cup-and-Handle Pattern: Calculation of cup and handle target price Measure the Depth of the Cup: Find the distance between the lowest point of the cup and the breakout level (rim of the cup). In the attached chart:Breakout level
Educational: How to calculate target profit from a cup and handle pattern - case study on AAPL stock
avatarBinni Ong
2024-11-13

Is it time to take some profit in Tesla?

I was bullish on $Tesla Motors(TSLA)$ in my earlier article. Mentioned that: Price should close firmly above $280 Predicted resistance levels are $314 and $336 After a firm close above 280, Tesla surged 30% to my predicted resistance level of $336, before closing at 328. I believe the stock price is nearing a resistance level based on two technical indicators: It is at the top of an equidistant channel. It is close to the 76.4% Fibonacci retracement. Resistance levels are supply zones and are likely to show signs of price weakness. If you would like to trade Tesla during Asia hours (before the U.S. market opens in case of a gap), Soc Gen offers US stock DLCs.
Is it time to take some profit in Tesla?
avatarBinni Ong
2024-10-30

Alphabet shot up on earnings; my analysis was a bullish pattern, can one do anything during after-market hours?

In my earlier post on $Alphabet(GOOGL)$ $Alphabet(GOOG)$ , I noted a bullish inverted head and shoulders pattern, which often signals a potential upward move. With strong earnings and Google Cloud beating sales estimates, Alphabet shares rose 5% after hours. Today, as of this post, the stock is trading around $179.30 during Asia hours. If a trader had entered a long position in the DLC $ALPHAB 3xLongSG261006(USJW.SI)$ at the time of my previous post, the average DLC price was around $4.46. Following the post-earnings price gap up, the DLC is now trading at $5.42, representing a 21% profi
Alphabet shot up on earnings; my analysis was a bullish pattern, can one do anything during after-market hours?
avatarBinni Ong
2023-10-13

Huawei Mate 60 Chip: Will It Spark a China Tech Stock Rally?

The Huawei Mate 60 Pro is the company's latest flagship smartphone, and it's powered by a mysterious new chip that is said to be more advanced than anything Huawei has produced before. But what does this mean for the China tech stock market? Watch the video here: https://youtu.be/mEUyiN87MHA In this video, we take a closer look at the Huawei Mate 60 Pro's new chip and analyze its implications for the Chinese tech industry. We also discuss why we want to focus on ‌$HSTECH(HSTECH)$  ‌ should there be a rally in the Chinese tech. 
Huawei Mate 60 Chip: Will It Spark a China Tech Stock Rally?
avatarBinni Ong
2024-12-24

Tesla’s Pullback: Is the Rally Over or Just Paused?

$Tesla Motors(TSLA)$ recent pullback from its all-time highs has raised questions about the sustainability of its rally. This analysis breaks down the reasons behind the correction and highlights the critical $385 support level that could determine the stock's next move. Tsla Day chart Technical Analysis Breakout Levels: Previous all-time highs around $413, $400, and $384 served as key resistance levels. Price has retraced to test $413, a significant support level given by previous all-time high However, sometimes price might do a deeper pullback. In this case, Tesla has various highs that resulted in a significant turning points and the lowest price of the key turning points is around $385. Support and Implications: If $385 holds: Price may conso
Tesla’s Pullback: Is the Rally Over or Just Paused?
avatarBinni Ong
2024-11-22

Why I'm Revisiting the Hang Seng Index After a 40% Surge in Under 2 Months

In this video, I’ll explain why I’m turning my attention back to the $HSI(HSI)$ after its impressive 40% rally in under two months. We'll look at whether there are potential market opportunity, and the crucial levels to watch for traders and investors Mentioned in this video are warrants to consider for short-term trading. $HSI 21800MBeCW250127(YL5W.SI)$
Why I'm Revisiting the Hang Seng Index After a 40% Surge in Under 2 Months

NVIDIA (NVDA) Technical Analysis: Range-Bound but Uptrend Intact

3 mins technical analysis on $NVIDIA(NVDA)$ 1. Uptrend Continuation: NVDA remains in an uptrend, as shown by the upward-sloping support line. Despite recent consolidation, the bullish trend is intact. 2. Range-Bound Movement: The stock is currently trading between support at $128 and resistance at $150, reflecting a consolidation phase. 3. Stochastic Oscillator Insights: At previous support levels, the stochastic was oversold, signaling upward reversals. Currently, the stochastic is not oversold, suggesting further consolidation or a possible decline before a rebound. Using Daily Leverage Certificates (DLCs) for Short-Term Trading 1. Bullish Scenario: If NVDA bounces off $128 support and stochastic turns oversold, a long DLC can amplify gains to $
NVIDIA (NVDA) Technical Analysis: Range-Bound but Uptrend Intact
avatarBinni Ong
2024-12-17

45% Gain in 2 Weeks: How Trading AMZN and This Post Could Have Paid Off

I like to trade on retracement - a concept of buying low but only when this dip is part of an uptrend. In this article, I wrote about key levels to note if $Amazon.com(AMZN)$ dipped after breaking to a new high. In this case, I have identified two potential support levels for a re-entry: $189, $201. If the price retraces to these levels and holds, it may offer a favorable re-entry opportunity for traders looking to capitalize on the continuation of the bullish move. Let’s review the results of this trade. AMZN retraced to $200 support Review of AMZN 3x Long DLC Performance If an investor had entered into the 3x Long AMZN DLC ( $AMZN
45% Gain in 2 Weeks: How Trading AMZN and This Post Could Have Paid Off
avatarBinni Ong
2024-10-16

Apple Near All-Time High: Two Possible Scenarios Ahead

Last night, $Apple(AAPL)$ attempted to reach its all-time high but closed with a doji formation. This doji suggests profit-taking at the highs. Apple stock cup and handle pattern Currently, the chart pattern for $Apple(AAPL)$ shows a cup and handle—a bullish continuation pattern often seen in fundamentally strong stocks. However, the price has not yet broken out above the all-time high to complete this pattern. Bullish Scenario If the price stays above $231 (the magenta line), there’s potential for an upside breakout (Long DLC $APPLE 3xLongSG261006(MACW.SI)$ will gain if the underlying stock rises). Bearish Scenario If the price falls below $231, this bullish
Apple Near All-Time High: Two Possible Scenarios Ahead
avatarBinni Ong
2024-12-13

Apple AAPL Soars as Bullish Pattern Completes – What’s Next?

In my previous article, I mentioned that if Apple’s $Apple(AAPL)$ stock price stayed supported above $218, we could expect the price to head higher. According to my analysis model, if the price does not hold at $218, there could be further correction, with stronger support at $195. Updated chart on AAPL Looking at the updated chart, that prediction played out exactly as anticipated. The $218 level held firmly as support, and shortly after, the price broke out of the classic cup-and-handle pattern, smashing through the $231 breakout level. Now, Apple is trading at $247.96, confirming the strength of the $218-220 support zone. This move highlights how powerful technical patte
Apple AAPL Soars as Bullish Pattern Completes – What’s Next?

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