Binni Ong

Sgx Academy Trainer, trades forex, stocks, futures, gold and oil

    • Binni OngBinni Ong
      ·01-21 17:19

      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
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      Alibaba Stock Analysis: Bullish Divergence and Resistance in Focus
    • Binni OngBinni Ong
      ·01-20 18:41
      Rebounded from said level exactly as predicted!! [Smile] Now trading at 21440. But at a resistance level now. Look out for my next posting. 

      Critical level for Nasdaq 100

      @Binni Ong
      In my earlier article on the $NASDAQ 100(NDX)$ , I highlighted that the price was supported by a channel and displayed a bullish hammer candlestick. As predicted, the price rebounded. However, it has since corrected more deeply toward another strong level. The analysis below provides an updated view and highlights the critical support level that will maintain the index's strong bullish stance. Nasdaq 100 (NDX) Technical Analysis Break of Previous All-Time High: The price has clearly broken above the previous all-time high 20500, marking a significant bullish movement. This breakout signifies strong market momentum and a shift in market sentiment to a more bullish tone. Flip to
      Critical level for Nasdaq 100
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    • Binni OngBinni Ong
      ·01-20 18:38
      Rebounded from said level, now HST trading 4585, up about 8%. Check out my post on JD.com too https://ttm.financial/post/394630106480800

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

      @Binni Ong
      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?
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    • Binni OngBinni Ong
      ·01-20 17:58

      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
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      JD.com (9618) Surges 20% in 5 Days – Is There More Upside Ahead?
    • Binni OngBinni Ong
      ·01-15

      Critical level for Nasdaq 100

      In my earlier article on the $NASDAQ 100(NDX)$ , I highlighted that the price was supported by a channel and displayed a bullish hammer candlestick. As predicted, the price rebounded. However, it has since corrected more deeply toward another strong level. The analysis below provides an updated view and highlights the critical support level that will maintain the index's strong bullish stance. Nasdaq 100 (NDX) Technical Analysis Break of Previous All-Time High: The price has clearly broken above the previous all-time high 20500, marking a significant bullish movement. This breakout signifies strong market momentum and a shift in market sentiment to a more bullish tone. Flip to
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      Critical level for Nasdaq 100
    • Binni OngBinni Ong
      ·01-14

      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 $
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      NVIDIA (NVDA) Technical Analysis: Range-Bound but Uptrend Intact
    • Binni OngBinni Ong
      ·01-13

      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
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      Hang Seng Tech Index Analysis: Signs of a Reversal or Continuation?
    • Binni OngBinni Ong
      ·01-07

      META Surges 7.65% from the Support I Highlighted in My Last 2024 Post!

      Review of META Performance and Related DLC Based on Previous Analysis META Price Performance: In my earlier post on $Meta Platforms, Inc.(META)$ , I highlighted the support level at $585. Since then, META's price has surged by 7.65%, reaching $630.20 as of the latest update. This significant upward movement from the identified support level reinforces the importance of technical levels in analyzing potential price movements. DLC Performance: 3x amplified gain with DLCs For investors who traded the 3x Long DLC for META ( $META 3xLongSG261006(USDW.SI)$ ), the performance was amplified due to the leveraged structure of the product. B
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      META Surges 7.65% from the Support I Highlighted in My Last 2024 Post!
    • Binni OngBinni Ong
      ·01-06

      Analyzing Microsoft's Parallel Channel: Support and Resistance Explained

      Technical Analysis of Microsoft Corp. ( $Microsoft(MSFT)$ ) MSFT upsloping channel The chart shows MSFT trading within an upward-sloping parallel channel. The price is currently near the lower boundary (channel support), which is a key technical level often associated with potential price stabilization or a rebound. Key Points: Channel Boundaries: Lower Boundary (Support): Estimated at $418. This is the current price zone where the stock is testing support.Upper Boundary (Resistance): Estimated at $460. This is the top of the channel and may act as a potential resistance level if the price moves higher. RSI Near Oversold: The RSI is around 41.53, close to oversold territory. This suggests weakening selling pressure, increasing the potential for
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      Analyzing Microsoft's Parallel Channel: Support and Resistance Explained
    • Binni OngBinni Ong
      ·01-04

      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
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      Nasdaq 100: Breakout Signals Bullish Momentum
       
       
       
       

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