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Wednesday, 26 June 2019

Berkshire Hathaway (NYSE: BRK-A): 26 June 2019, Wednesday

Berkshire Hathaway (NYSE: BRK-A):
26 June 2019, Wednesday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for Berkshire Hathaway Class A Shares (NYSE: BRK-A). The triple X in the technicals shows the proportionate steady-rate growth, to the point that not only the measurement of each X on the vertical Y-axis is the same, even the slopes of the angles are the same. This shows that smart monies are consistently flowing in to this stock. Berkshire Hathaway is currently executing a large and significant Bull Flag in the form of a bullish ascending triangle. It is currently at the support base of the large scale bull flag. The next target based on X is $475,000-$500,000.


The Donovan Norfolk Technical Rating:
Bullish short term, mid term and long term.
Berkshire Hathaway is a strong buy for a trading position.


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Tuesday, 25 June 2019

Gold, Gold Stocks and Gold ETFs: 25 June 2019, Tuesday


Gold Daily Chart Technicals:
14 June 2019, Friday
(Click on the Technical Chart Above to Expand)

Attached is the more macroscopic Technicals for Gold. As per reiterated in the past years, in this economic cycle of the new normal:

1. When stocks are bullish, Gold will rise with the bull market gradually to beyond $2000 an ounce.

2. When stocks are bearish, Gold will rise even faster and sharply beyond $2000 an ounce. Gold becomes 100% sure-winner.

3. Gold's rise to backtest a $1550-$1600 previous neckline was a guarantee based on technicals.

4. Gold's rise to beyond $2000 was a guarantee now because accumulation was not as small as I had initially anticipated in 2013.

5. Lastly, because Gold's re-accumulation was very massive and very deliberate, an investment target price of $2500-$3000 for Gold investors and Gold ETF investors can be expected.


The Donovan Norfolk Technical Rating:
Bullish short term, mid term and long term.
Gold and Gold ETFs are a buy.


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Friday, 21 June 2019

Crude Oil (NYMEX/WTI Oil): 21 June 2019, Friday

Crude Oil (NYMEX/WTI Oil):
21 June 2019, Friday
(Click on the Technical Chart Above to Expand)

Attached is the Daily Chart Technicals for Crude Oil.
All analyses and illustrations are as attached on technical chart.
The proper interpretation for crude oil technicals is called 【Inverse Bump-and-Run】. Inverse-Bump-and-Run in technical theory is equivalent to 【Shake-and-Collect】 in technical theory. The first trend line is called the lead-in line. Technicals for Crude Oil is bullish (Strong Accumulation). Crude oil stocks and energy related stocks are bullish biased.

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Wednesday, 19 June 2019

Apple (NASDAQ: AAPL): 19 June 2019, Wednesday


Apple (NASDAQ: AAPL):
19 June 2019, Wednesday
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals for Apple.
All analyses and illustrations are as attached on technical chart.
One sentence to summarise the technicals:
Apple will go on to make more historic all time new highs from here.

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Sunday, 16 June 2019

Hang Seng Index: 16 June 2019, Sunday

Hang Seng Index:
16 June 2019, Sunday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for Hang Seng Index.
All analyses and illustrations are as attached on technical chart.

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Friday, 14 June 2019

Gold Daily Chart Technicals: 14 June 2019, Friday


Gold Daily Chart Technicals:
14 June 2019, Friday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for Gold. Gold (by extension, Gold ETFs as well) has formed a large inverse shoulder head shoulder formation (Inverse SHS). This is a large accumulation below the neckline band in red ($1346.90 to $1364.90). A breakout of this resistance, which it would, will send Gold for immediate target of $1534 per ounce before it will consolidate at the guaranteed target of $1550-$1600. Gold will then make a base at around $1500-$1550 before it will proceed to break up $2000 an ounce again. This move will be in tune with the secular cycle of Gold which I had been preempting. A break above $2000 is also a guaranteed target because the re-accumulation base built over the last 6 years is very large.

The Donovan Norfolk Technical Rating:
Bullish short term, mid term and long term.
Gold and Gold ETFs are a buy.


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Monday, 10 June 2019

S&P 500 Index: 10 June 2019, Monday


S&P 500 Index:
10 June 2019, Monday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for the US Market of S&P 500 Index. The S&P 500 Index is in the midst of a large price structure of inverse shoulder-head-shoulder (Inverse SHS). Large inverse shoulder-head-shoulder formations yield large major up waves. The inverse shoulders are being formed symmetrically along the red bands as illustrated. The US Market Economy and US Markets will remain as the strongest in the world completing the upwards sloping inverse-shoulder-head-shoulder. A massive bullishness of upwards sloping inverse SHS formed over a significant time frame as shown means we can expect a large wave of upmove over the next few years.


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Friday, 7 June 2019

USDCNH (US Dollar Against the Chinese Yuan) Trading Set-up: 7 June 2019, Friday

USDCNH (US Dollar Against the Chinese Yuan):
7 June 2019, Friday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for USDCNH. Upmove means the Chinese Renminbi (Chinese Yuan) weakening against the Greenback Benchmark. Remember that some time back, before this critical break-up of key resistance, I had forewarned that China Central Bank PBOC will have to implement extreme monetary policy that will send the USDCNH soaring upwards? This is what is happening now: the Chinese Yuan breaking down key intraday supports so that the USDCNH breaks up key intraday resistances. In addition, this USDCNH breakup is on the back of a very large ascending triangle as illustrated. This means the Chinese Yuan depreciation is sustainable even though China maintains that they will keep the Chinese Yuan strong and stable. A very large flood of money tide is going to be released from the world's 2nd largest economy.


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

AUDNZD (Australian Dollar Against the New Zealand Dollar) Technical Set-Up: 7 June 2019, Friday

AUDNZD (Australian Dollar Against the New Zealand Dollar):
7 June 2019, Friday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for AUDNZD. I have been receiving inquiries like "Can I trade this? Can I trade that?" and that the trade mostly are fixated at Crude Oil, USD, some popular index, stock or commodity/FX. The main idea here is to illustrate that one should not fixate on just popular stuff that everyone is interested in, instead seek to explore many other asset classes or unknown stocks which offer good opportunities. The above is one where when it seemed like there is nothing to trade on, there is always something to trade on.
This is all a matter of mindset -- open new doors, not close doors.


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Monday, 3 June 2019

Straits Times Index (STI): 3 June 2019, Monday


Straits Times Index (STI):
3 June 2019, Monday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for Singapore Straits Times Index (STI). STI gives an important glimpse into the state of the world economy. STI has traditionally been the most reliable indicator in measuring true strength of global economy. Most international trade passes through Singapore and it is the 3rd most important financial centre in the world. The STI is currently sitting on trendline support bands in orange and red. This trend band is responsible for maintaining resumption of long term uptrend. In addition, when the STI broke down pink trend line support, it did not engage in backtesting 3073-3171 points as resistance (green horizontal lines and purple horizontal line). Instead, under the guidance of bullish fan structure, it re-captured the 3073-3171 points and backtested these as supports again. We are not in any preparation for worldwide recession as the global media has claimed or warned about. We are in unstoppable bull market worldwide. Price actions speak for itself.


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Sunday, 2 June 2019

FedEx (NYSE: FDX): 2 June 2019, Sunday


FedEx (NYSE: FDX):
2 June 2019, Sunday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for FedEx (NYSE: FDX). Fedex would make a natural sacrificial lamb for China to slaughter. This is because after US attempted to knock Huawei into the coma, as part of an overall trade war strategy, China would need to find and gather a few sacrificial lambs that add up to the weight of a Huawei, and to knock these into a KO, if not TKO, as well. If China does not, the message sent would be that China's trade opponent can keep pushing their luck further. Based on logic, FedEx is a natural choice for sending into the operating theatre for China because it will not hurt China much, and it is the 8th largest private employer in the US, and there are easily good substitutes such as DHL and China's very own express postal systems available. FedEx has now ended just below the trendline last Friday, 31 May 2019, essentially confirming a critical breakdown. The market has derived the same forward-looking concept and made the same judgement as me on FedEx now. Expect FedEx to go below $100. After US makes Ericsson and Nokia in Europe the winner, China is making DHL in Europe the winner. More to come. Airbus may become big winners as well. The 2nd Renaissance of Europe is coming, without Europe needing to do anything.


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence.