Thursday, 31 October 2019

The Hong Kong Hang Seng Index: 31 October 2019, Thursday


The Hong Kong Hang Seng Index: 
31 October 2019, Thursday
(Click on Technical Chart above to Expand)

Attached is the Updated Technicals for the Hong Kong Hang Seng Index. Observe the technicals in detail, in particular paying attention to the red trend band, black trend band and the green trend band. The Hong Kong market has now turned into a short-selling market as illustrated on technical chart attached. The red trend band and the purple trend band are powerful resistances which will hold. This means Hong Kong and Hang Seng Index will go down as shown in the projected trajectory. Hong Kong is the weakest market in the world right now. Its worst is far from over. If green trend band breaks down, the black trend band support within the black channel is a capitulation zone of maximum fear for Hong Kong.

The Donovan Norfolk Technical Rating for Hong Kong:
Significantly 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, 24 October 2019

Google-Alphabet (NASDAQ: GOOGL): 24 October 2019, Thursday

Google-Alphabet (NASDAQ: GOOGL):
24 October 2019, Thursday
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals on Google-Alphabet (NASDAQ: GOOGL).
It has formed a decently significant bullish ascending triangle of accumulation. This is a one-year's worth of strong re-accumulation. The next target upwards will be around $1600, making the upside significant as well. The ascending triangle can also be viewed as a bullish cup and handle. Refer to the projection X based on a current cup and handle as illustrated.

The Donovan Norfolk Technical Rating:
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. 

Apple (NASDAQ: AAPL): 24 October 2019, Thursday

Apple (NASDAQ: AAPL):
24 October 2019, Thursday
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals on Apple Inc (NASDAQ: AAPL).
It has indeed further rallied for more critical breakups per forewarned earlier based on funds flow and technicals. Based current price structure (refer to X projection on technicals), Apple's immediate target is $325-$350 now, representing lucrative upside.

The Donovan Norfolk Technical Rating:
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, 23 October 2019

Updated Multi-frame Technicals on Gold: 23 October 2019, 10.22pm Singapore Time


Updated Multi-frame Technicals on Gold:
23 October 2019, 10.22pm Singapore Time
(Click on the Technical Chart Above to Expand)

Attached is the Updated Gold Multi-frame Technicals on Gold. On the 15 minute chart, gold is supported with deliberate efforts by the market smart monies: Bullish. On the Hourly Chart, it has just achieved critical breakup and had done its critical backtest: Bullish. On the 4-Hourly Chart, it is undergoing the critical longer time framed breakout for a large move up in the 4H Timeframe. In the Daily Chart, it shows Gold backtesting the long term support band of moving averages using a bullish rounding technical price structure which means deliberate re-accumulation and that the large move up for Gold would be highly reliable. Gold is ready for next wave up to the guaranteed $1550-$1600 band. When this band is made support, a break up above $2000 is guaranteed as well.

The Donovan Norfolk Technical Rating:
Bullish immediate term, short term, mid term and long term -- all 4 time frames.


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, 21 October 2019

Keppel Corporation (SGX: BN4): 21 October 2019, Monday

Keppel Corporation (SGX: BN4):
21 October 2019, Monday
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals on Keppel Corporation (SGX: BN4), the largest oil rig builder in the world and now a multi-industry conglomerate. The blue channel is the Secular Trend Major Uptrend Channel. The series of red and green circled regions made up the blue channel. The mid channel is demarcated by the orange circled zones of price action. The blue channel is a highly reliable one due to the price actions. The pink illustrated price actions show where the inverse-bump-run occurred. Inverse bump-run in technical price structure is a strongly accumulative price action, i.e. accumulation/buy on the stocks by the smarter monies when herd are out. The expected trajectory in black will likely send Keppel Corp to all time highs never seen before in the current secular cycle.

The Donovan Norfolk Technical Rating:
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. 

Friday, 18 October 2019

Apple (NASDAQ: AAPL): 18 October 2019, Friday

Apple (NASDAQ: AAPL):
18 October 2019, Friday
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals on Apple Inc (NASDAQ: AAPL).
As promised in my past analysis that Apple will super rally, it has just broken up yet another critical resistance as illustrated. The upside is significant and is measured by the projection X as shown. It will easily hit above $275 per share. Bullish biased.

The Donovan Norfolk Technical Rating:
Highly 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. 

Tuesday, 15 October 2019

Technicals of iShares MSCI Emerging Markets (AMEX: EEM): 15 October 2019, Tuesday

Technicals of iShares MSCI Emerging Markets (AMEX: EEM):
15 October 2019, Tuesday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of iShares MSCI Emerging Markets ETF (AMEX: EEM). It is completing its large and bullish cup-and-handle soon. A large scale cup-and-handle brews for a large scale upmove. Expect hot monies to flow back to Emerging Markets and Asian Markets in 4Q-2019 and whole of 2020. The orange trajectory is the projected trajectory. The volume as illustrated is the decreasing volume of accumulation and selling is dry already. The markets are bullish against widespread belief. Year 2019 trade war was used as a massive re-accumulation, contrary to the herd's actions and expectations.

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, 11 October 2019

Technicals of VISA (NYSE: V): 11 October 2019, Friday


Technicals of VISA (NYSE: V):
11 October 2019, Friday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of VISA (NYSE: V). Momentum on VISA has been flipped to upmove momentum. Also this move up is the resumption of the next big move up. If you observe all the circled regions within the technical chart, you will realise that the internal lines of the channel are all abided and respect by the market, in turn making the channel a very powerful channel. This means that VISA is ready for the next big wave up from current support. The bullish expanding triangle is a highly bullish expanding triangle, for sharp and big move up. Bullish on VISA.

The Donovan Norfolk Technical Rating:
High 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.