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Saturday 2 January 2021

DJIA and the world markets (Macrotrend): 2 January 2021

    


DJIA and the world markets (Macrotrend):
2 January 2021
(Click on the Technical Chart Above to Expand)

Attached is the Super-cycle/Secular-cycle of DJIA and it serves an indicative guide to world markets (similar trend for S&P500 as well). There is practically no chance any trend can break up a trend up-channel resistance of a logarithmic chart because in linear scale, it already looks exponential. A deep down-move in world markets is expected -- upside almost negligible compared to downside, i.e. rewards virtually negligible compared to risks. Outlook: bearish in everything.

The Donovan Norfolk Technical (SIA):
High Bearish

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 1 January 2021

Technicals of Singapore Airlines: 1 January 2021

   


Technicals of Singapore Airlines:
1 January 2021
(Click on the Technical Chart Above to Expand)

Attached is the Monthly Technicals of Singapore Airlines. A strong November rebound which had gone according to my anticipation was followed by a weak December stalling. This has forced me to relook and flipped me back to high bearishness on Singapore Airline share prices. The resistance in grey is likely to hold. The dead cat rebound support line in pink is like to break down. When it breaks, the blue line support at $1.90 needs to be tested. Region between pink and blue lines is a vacuum zone of sharp price action, in sync with how price actions execute when important support breaks. I expect this support to break down in 2021. I am back to bearishness on all airline companies.

The Donovan Norfolk Technical (SIA):
Bearish

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 30 December 2020

Technicals of DBS: 30 December 2020, 1.08am Singapore Time

  

Technicals of DBS:
30 December 2020, 1.08am Singapore Time
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of DBS. I am no longer bullish of the markets. I am bearish of the stock markets. Volume flow traded for DBS stocks has not been bright as well. Anything gotten out at this week, like the price of $25.20, is a brilliant exit in my technical judgement. I expect DBS to break down $20.00 easily. 

The Donovan Norfolk Technical (DBS):
Bearish

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 28 December 2020

Stock Market Plunges Worldwide Is Coming: 28 December 2020, 1.52pm Singapore Time

  


Stock Market Plunges Worldwide Is Coming:
28 December 2020, 1.52pm Singapore Time
(Click on the Technical Chart Above to Expand)

Sampling one of the most quality fruits from within the basket of all stock markets in the world -- the Singapore Straits Times Index (world's best stock market barometer): the escape wave has successfully backtested the resistance as shown. The next technical target will be 1500-1600 points representing a significant fall which will also be sharp based on the vacuum zone.
(Sidenote: I had actually sampled all the fruits within the basket -- stale and sour already, in case you thought I had sampled just one fruit)

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 20 December 2020

Technicals of Fear Index VIX: 20 December 2020, 12.37am Singapore Time

 


Technicals of Fear Index VIX:
20 December 2020, 12.37am Singapore Time
(Click on the Technical Chart Above to Expand)

Fear factor is on the rising trend, with a backtest in 2nd green circled region being completed. The backtest is similar to the one as highlighted by the 1st green circled region. Fear is frothing.

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 14 December 2020

The Big Crash of Glove Stocks To Come: Supermax: 14 Dec 2020

 

Technicals of Supermax (and Glove Stocks such as Topglove and Careplus):
14 December 2020
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Supermax (and Glove Stocks such as Comfort Gloves, Topglove and Careplus in general). As illustrated on the chart technicals of price actions and volume flow, the distribution within the symmetrical triangle is getting impatient and more rushed. 
TP based on chart technicals: $2.26 
This will represent a regression back to the norm; it also represents a -70% crash from here and a -81% crash from the peak. A high volume flow will break down the triangle based on forward fundamentals.

The Donovan Norfolk Technical Outlook on Gloves:
Highly Bearish

Related:
http://donovan-ang.blogspot.com/2020/11/updated-technicals-of-glove-stocks-such.html

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 7 December 2020

Super-Cycle Technical Analysis of Malaysia Steel Works (MASTEEL) (KLSE: 5098): 7 December 2020, Friday

  


Super-Cycle Technical Analysis of Malaysia Steel Works (MASTEEL) (KLSE: 5098): 
7 December 2020, Friday
(Click on Technical Chart above to Expand)

Attached is the Super-Cycle Technical Analysis of Malaysia Steel Works (MASTEEL) (KLSE: 5098).
First Super-cycle (SC) Destination in accordance to technicals theory = 2x SC Pivot = $2.76
Second Super-cycle (SC) Destination in accordance to technicals theory = 2^2 x SC Pivot = $5.52

The Donovan Norfolk Technical Rating:
Bullish


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 4 December 2020

Super-Cycle Technical Analysis of Hengyuan (KLSE: 4324): 4 December 2020, Friday

 

Super-Cycle Technical Analysis of Hengyuan (KLSE: 4324): 
4 December 2020, Friday
(Click on Technical Chart above to Expand)

Attached is the SuperCycle Technicals for Hengyuan Refining Company (KLSE: 4324). I had originally expected it to move from $19.00 to $38.00 with ease, however, I was wrong when its movement was derailed by Donald Trump's trade war and picking of fights all over the world. The base for Super-Cycle projection has so far been maintained at my follow-up anticipation of $6.00 base. This is the base that turns Super-Cycle Resistance into Super-Cycle Support. The Super-Cycle Logarithmic move from here is +900% to +1000% from the base. With the base confirmed successfully in December 2020, Hengyuan Super-Cycle Target is still confirmed at $38.00 and $54.00 respectively. The Super-Cycle Pivot is $19.00. The 1st Super-Cycle Checkpoint Target remains at 2xPivot=$38.00

The Donovan Norfolk Technical Rating:
Bullish


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. 

Thursday 3 December 2020

Technicals of Booking Holdings (NASDAQ: BKNG): 3 December 2020

  

Technicals of Booking Holdings (NASDAQ: BKNG):
3 December 2020
(Click on the Technical Chart Above to Expand)

Attached is the technicals of Booking Holdings (NASDAQ: BKNG). The pennant pole is illustrated in X. The pennant is illustrated as the symmetrical triangle in the chart. The pennant is awaiting a breakout which will bring the projected flagpole X to TP of $2600. The volume flow is bullish and triangulates to the chart formation. Bullish. 

The Donovan Norfolk Technical Rating:
Bullish


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 2 December 2020

US Steel Group Inc (NYSE: X): 2 December 2020

 


Technicals of US Steel Grp Inc (NYSE: X):
2 December 2020
(Click on the Technical Chart Above to Expand)

Janet Yellen is most likely to be employing fiscal policy maximus in 2021 when she takes over as treasury secretary. The signs are getting stronger and stronger based on initial movement in the market. And this is just the start only. The former FED chief will likely work very well with the current FED chief to bring US to the next level up. She will boost up G within the GDP formula. As explained in detail some time ago, infrastructure development is the best way to bring US straight up like a furious bull, and jump-start employment, post-covid era. Already US Industrial Metal stocks are the strongest commodity group among all the commodities (please do cross-reference to the illustrations on my FB Wall as well, everything is triangulating).

The Donovan Norfolk Technical Rating:
Bullish


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. 

Saturday 28 November 2020

CAELY HOLDINGS (KLSE: 7154): 28 Nov 2020

  


CAELY HOLDINGS (KLSE: 7154):
28 Nov 2020
(Click on the Technical Chart Above to Expand)

Attached is the Technicals on CAELY HOLDINGS (KLSE: 7154). The accumulation is in ending phase, perhaps in last minor shakeout before it will soar up high in 2021. The light orange change in trajectory is a show of strength in the stock. 

The Donovan Norfolk Technical Analysis on CAELY HOLDINGS:
Bullish

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 16 November 2020

Updated Technicals of Glove Stocks such as Topglove and Careplus: 16 Nov 2020

 


Updated Technicals of Glove Stocks such as Topglove and Careplus:
16 Nov 2020
(Click on the Technical Chart Above to Expand)

Attached is the Updated Technicals on Glove Stocks. The first red circled region is my initial technical buys established in 2017 on glove stocks (refer to glove stocks' analyses such as Careplus). The 2nd red circled region is my technical analysis sells as shared on my FB Wall Analyses before prices started to fall with acceleration (i.e. sharply). The prices have started to fall with stronger and stronger magnitude per my analyses, and before they moved. Based on volume flow, the plunge is far from over. Retailers will start to trample on retailers resulting in sharper falls. As there is no shorting mechanism as yet, there will be not much buy queues from short-sellers leading to even worse falls when retailers trample on one another.

The Donovan Norfolk Technical Outlook on Gloves:
Highly Bearish

Related:
http://donovan-ang.blogspot.com/2017/06/carepls-klse-0163-6-june-2017-tuesday.html

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 28 July 2020

Updated Technicals of Fulgent Genetics (NASDAQ: FLGT): 28 July 2020

Updated Technicals of Fulgent Genetics (NASDAQ: FLGT):
28 July 2020
(Click on the Technical Chart Above to Expand)

Attached is the Updated Technicals of Fulgent Genetics (NASDAQ: FLGT). Fulgent has just completed its significant re-accumulation. It is a stock that will outperform regardless of the broad index markets' performances, i.e. it goes up disregarding if broad markets are in bull or bear market. It is one of the good hedges together with Gold. The holy trinity of further re-accumulation is as illustrated. These are show of intentions. The green circled region of breakout is further declaration of market intention to mark up prices. If you had bought with me at $4.79 (refer to past analyses), your returns has furthered bloated from +350% to +552% now. You can continue to expect your returns to be at least +1000%. Target prices are $31.50 and $63.00 respectively.

The Donovan Norfolk Technical Rating:
Bullish

All Past Fulgent Genetics Analyses:
https://donovan-ang.blogspot.com/search/label/Fulgent%20Genetics

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 24 July 2020

Boeing (NYSE: BA): 24 July 2020, Friday

Boeing (NYSE: BA):
24 July 2020, Friday
(Click on the Technical Chart Above to Expand)

Attached is the Updated Technicals of Boeing Co (NYSE: BA). 
All explanations as per illustrated on chart. 
Take note of the deadly trinity, the volume distribution and re-distribution at the trinity, how the trinity is self-reinforcing and how the distribution flag is unfolding for Boeing.

Bearish.

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 2 June 2020

Gold: 2 June 2020, Tuesday

Gold:
2 June 2020, Tuesday
(Click on the Technical Chart Above to Expand)

Attached is the Updated Technicals of Gold. 
All explanations as per illustrated on chart.

Bullish

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 27 May 2020

Updated Technicals of Spain IBEX Index: 27 May 2020

Updated Technicals of Spain IBEX Index:
27 May 2020
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals of Spain IBEX Index representing weakness of Eurozone and worldwide markets. 
Short/sell on Good News.

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. 

Thursday 21 May 2020

Comparison of the US Banks 20 May 2020, Wednesday

Comparison of the US Banks
20 May 2020, Wednesday
(Click on the Technical Chart Above to Expand)

Attached is the Technical Comparison of the US Banks. Wells Fargo is the weakest followed by Citigroup. Bank of New York Mellon is the strongest followed by Goldman Sachs. Weakest will often remain weaker in comparison to everyone in their respective trends. There is a reason why they are there.


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 20 May 2020

Gold 3X ETFs: 20 May 2020, Wednesday

Gold 3X ETFs:
20 May 2020, Wednesday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of typical Gold 3X ETFs.
The green zone is the massive consolidation which I had preempted and reiterated many times in the past few years that they were smart monies' buys for very massive upwave of Gold to come. The first set of blue circled regions are the close to 300% returns since my buy-analysis for Gold (for aggressive gold bull investors). These people will see their holdings go to 1000% returns when my gold TP comes. The 2nd set of single blue circled region is where bullish gold buyers were rewarded with 150% returns on sharp technical backtest. The entire price structure also serves to remind that Gold ascent from breakout is just the start of a big journey up.
(Click on the Technical Chart for the expanded version)

Bullish

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 18 May 2020

Singapore Airlines (SIA): 18 May 2020, Monday


Singapore Airlines (SIA):
18 May 2020, Monday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Singapore Airlines (SIA), one of the top airlines in the world.
It gives a possible glimpse to the plight of all airlines in the world -- when the strongest in the world is in a bad state, the weak ones would be far worse. On 4th April 2020, when SIA was at $5.50 I had said that the stock was a straight sell as it was in an immensely high pressure selling zone. It is $3.90 now. However, the worst is not over yet. Based on technical price structure, the TP of the breakdown is $3.25 for consolidation. Consolidation means the market needs to decide at $3.25 if the situation clears from there. If yes, there will be a consolidation breakup for buying; if not, there will be a further consolidation breakdown for more down wave and selling. Conclusion: Blue words stated in T.A chart.

Bearish

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. 

Thursday 7 May 2020

Bitcoins: 7 May 2020, Thursday

Bitcoins:
7 May 2020, Thursday
(Click on the Technical Chart Above to Expand)

Attached is the technicals of Bitcoins. The black boxed region is the volume flow of reversal volumes that mark a rock bottom. Such volume flow at bottoms successfully reverse a flow and create a new major tide 90% of the time. The green circled region is where Bitcoins are finding secret new supports. A breakout of the double red resistance lines will create an a significantly major new tide up. I am ending any bearishness on Bitcoins, and am resuming my bullish outlook on Bitcoins.

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 3 May 2020

CapitaLand Ltd (Top 3 Property Company in Singapore and one of the best in Asia, and an attempted peer into the Property Sector Worldwide): 3 May 2020, Sunday, 10.25pm Singapore Time

CapitaLand Ltd (Top 3 Property Company in Singapore and one of the best in Asia, and an attempted peer into the Property Sector Worldwide):
3 May 2020, Sunday, 10.25pm Singapore Time
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Capitaland (Top 3 Property Companies in Singapore and one of the best in Asia, and possibly the world as well). As it is one of the best in the world, especially in Asia, it gives an indication as to which phase we are at in the property market secular cycle.

Point 1 and Point 2 in chart coincides with the entire Long Term 10-Year Cycle of an interest rate move. Alas, at the end of the one major down and one major up in the 10-year interest rate cycle, even elite property companies like CapitaLand have made one confirmation now: that the property markets' best days are over. We are at the sunset.

The next TP for CapitaLand is another -71% down to $0.86 in price. This follows standard price structure theory of first impulsive wave down, followed by symmetrical triangular consolidation lasting from 2009 to 2020, and a breakdown now. The breakdown of long term consolidation has been achieved now. The price actions of the property sector, and property stocks, could no longer perform overpar under both low interest rate and recovering higher rates which rose merely slowly from 2009 to 2020 -- an environment extremely conducive for property markets.

For property markets, if there is good high price, there is likely not much liquidity. The fact is that income and employment of the largest middle-class do not match up to the property inflation anymore. We call that a gap. There are just not enough good jobs or high paying jobs to match up to the properties. This is a phenomenon happening worldwide. This is why property stocks could no longer break up previous highs of 2008 no matter how conducive interest rate environments were. 

The financial money game of phony artificially inflated assets is coming to an end worldwide, especially real estate, and especially in Asia, because there is not much greater fools within the greater fools' theory anymore; most greater fools had already been in, and even if fools wanted to play the game, the income and employment conditions (that gap) does not catch up to the game anymore. And despite banks being enabled worldwide to lend out unlimited cheap monies to the masses, the gap between income (and employment) and property prices of the largest middle class can no longer provide the volume to support the asset bloated eco-system.

Nobody, in their wildest dream, will ever believe property markets can keep going down against them. Classical conditioning has been deeply entrenched, and sheeps could be slaughtered. This then is where risk and danger is.


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. 

Saturday 4 April 2020

Delta Air Lines (NYSE: DAL): 4 April 2020, Saturday, 11.35am Singapore Time

Delta Air Lines (NYSE: DAL):
4 April 2020, Saturday, 11.35am Singapore Time
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Delta Air Lines that is listed in the US Market of NYSE.
The uptrend of Delta Air Lines in yellow has ended. The rooting Long Term Classical Line has been broken down as well. Rooting lines must never be broken down, and in this case here, the root has been taken out. This would yield a long term downtrend with big room down for Delta Air Lines.
First target price: half price of $24 region (trend determinant line) yielding a 1st TP of $12.00.
Second target price if $12.00 psychological support cannot hold:
long term support of $3.12 as 2nd TP.

Highly Bearish

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. 

Singapore Airlines (SIA): 4 April 2020, Saturday, 11.00am Singapore Time


Singapore Airlines (SIA):
4 April 2020, Saturday, 11.00am Singapore Time
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Singapore Airlines, the top 3 airlines in the world.
It gives a possible glimpse to the plight of all airlines in this world. When the strongest in the world are in bad state, the weak ones would be worse. For Singapore Airlines' stock price action, the red zone at around $5.75 is where smarter monies would be very ready and eager to get out, sell or take shorts. It is an immensely high pressure selling zone. This zone had been tested repeatedly and has been proven successful. This means that the peak of escape wave can now be confirmed and the projection for next immediate target can now be confirmed. The next immediate target for Singapore Airlines would be $4.36. The bear flag is looking ready to execute the next slam dunk now.

Highly Bearish

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 February 2020

Technicals of Reckitt Benckiser (London Stock Exchange: RB): 19 February 2020, 12.22am Singapore Time

Technicals of Reckitt Benckiser (London Stock Exchange: RB):
19 February 2020, 12.22am Singapore Time
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Reckitt Benckiser Group (London Stock Exchange: RB). Reckitt Benckiser is the owner of Vanish, and disinfectants and antiseptics such as Dettol, Lysol etc. I am extremely bullish of this company and based on the technical projection, it could hit 12,000 in the foreseeable future. Bullish, with a current rounding bottom of re-accumulation which is completing. 

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 17 February 2020

Updated Daily and Weekly Technicals of Wheat (with implication for Wheat ETFs): 17 February 2020

Updated Daily and Weekly Technicals of Wheat (with implication for Wheat ETFs):
17 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the Updated Daily and Weekly Technicals of Wheat.
The locust plaque (400,000 million locusts / 400 billion locusts) affecting East Africa, West Asia, South Asia and an impending risk to China will cause crop supplies to further tighten worldwide. This is in addition to the already unfriendly heat waves and forest fires in Southern Hemisphere. Based on technicals, I am hyper bullish on grains, rices, crops, wheat and food. Expect a super soaring rally on wheat and wheat ETFs such as those listed in the US markets.

The Donovan Norfolk Technical Rating:
Bullish

All Past Fulgent Genetics Analyses:
https://donovan-ang.blogspot.com/search/label/Fulgent%20Genetics

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. 

Thursday 13 February 2020

Updated Technicals of Fulgent Genetics (NASDAQ: FLGT): 13 February 2020

Updated Technicals of Fulgent Genetics (NASDAQ: FLGT):
13 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the Updated Technicals of Fulgent Genetics (NASDAQ: FLGT). Fulgent is on a powerful uptrend channel as shown. It is repeating the break-ups of pink resistances while at yellow trendline supports (refer to all 3 circled regions in dark green). It has broken up light green resistances and is now making it the support. Price Actions with respect to Linear Regression is bullish, of buying mode, and aggressive. The breakup of light green resistance was done using cup and handle re-accumulation. Consistent re-accumulation within the yellow channel is persistent and relentless. If you had bought with me at $4.79 , your returns is now +350% now. You can expect your returns to be +1000%, i.e. another more than 200% returns from current point.

The Donovan Norfolk Technical Rating:
Bullish

All Past Fulgent Genetics Analyses:
https://donovan-ang.blogspot.com/search/label/Fulgent%20Genetics

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 5 February 2020

Updated Technicals of Wheat: 5 February 2020

Updated Technicals of Wheat:
5 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals of Wheat.
ONE PHRASE:
It is going to super soar to the moon.
Buy wheat, wheat ETFs listed in the US markets and wheat related stocks.

The Donovan Norfolk Technical Rating:
Very Bullish

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 February 2020

Updated Technicals of Gold: 3 February 2020

Updated Technicals of Gold:
3 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals of Gold.
All illustrations are as on Technical Chart.
Next target: $1650 and $1700.
Gold will break out of $2000 psychological resistance.

The Donovan Norfolk Technical Rating:
Bullish

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 February 2020

Technicals of Hong Kong Hang Seng Index (HSI): 2 February 2020

Technicals of Hong Kong Hang Seng Index (HSI):
2 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Hang Seng Index. The Hang Seng Index is bottoming out per my last week's live analysis to take profits of all Hang Seng Index shorts on fear as posted on my FB Wall updates (refer blue circled region and my FB Wall). The updated expected trajectory for Hang Seng Index is now as illustrated in light orange. Continue to take all shorting profits amidst maximum gloom, doom and fear amongst the herd in HK-China. Most people are short-selling confidently amidst the fear, hence one should not be bearish anymore as the worst could be over when fear is at capitulation point now.

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 29 January 2020

Technicals of Fulgent Genetics (NASDAQ: FLGT): 29 January 2020


Technicals of Fulgent Genetics (NASDAQ: FLGT):
29 January 2020
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Fulgent Genetics (NASDAQ: FLGT).
Trinity of Special Forces with purposeful consolidation.

The Donovan Norfolk Technical Rating:
Bullish

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.