DEV Community

ZhiHong Chua
ZhiHong Chua

Posted on

Investment Information 9/10

Reading back on predictions for 5 February, Wednesday, I think I made pretty good reads.

1. Observe

Stock Result Explain
Microsoft It hasn't hit rock bottom yet
Vistra It's weird. Feels near resistance but how did it have crazy growth when got fire breakout on 18 Jan?
S&P500 (SPY) I'm seeing a clearer pattern now.
Google The earning underperform and now behind. Good choice to hold back.

2. Wait

Stock Result Explain
Amazon Still no clear trend
Meta It seems to be reversing soon
Apple Still no clear trend

3. Buy

Stock Result Explain
Nvidia Good identification of price action
Tesla Entered too early, it didn't touch the bottom of BB line yet

For 6 February, Thursday

There are two key areas I want to focus on:

  1. Risk Management (potential upside vs potential downside)
  2. Identifying Support & Resistance

MSFT

  • Rsi says buy, but BB says not lowest yet.
  • -10, +40 risk:reward
  • Might be range breakout low

VST

  • Uncertain
  • 1:1 ratio

SPY

  • More risk to reward. Should wait for a collapse from 610, buy in at 590

GOOGL

  • 3:1
  • At support level

Top comments (0)