T.U.B Investing

Some of my friends have questioned why I am using Technical Analysis (TA) during this period. However, I feel precisely that it is "this kind of time" that investors should embrace TA.  By knowing the important support levels will give me a better grasp of how I should average down when the macro economy is in such a bad situation, with so much uncertainty, and the stock market is on the decline. After all, our resources are limited, thus having more knowledge is essential. Therefore I have requested my friend to provide me another technical analysis for FUBO.  To give you a better idea of what my friend does, he is a swing trader with a longer term timeframes.  He basically does not day trade. If the company hits his target price (even earlier than his timeframe) , he will sell. As a result, what he supplied is most likely an entry point with a time limit of a few weeks to a month. Image taken from SLCDunk Website As compared to the  previous post , he seem to use ...

For those who have read my writings, I am a FA investor with a focus on the company's business model, competitors, competitive advantage, management, and financials. Digital Turbine Inc. (Ticker: APPS) is a company that I have the highest conviction in. I have a friend who invests using Technical Analysis. Thus, I asked for his assistance in tracking APPS so that I could figure out what entry points I should pay attention to. After all, APPS is on a downtrend and I want to know the significant support levels which I should average in, especially for someone who do not have any technical analysis knowledge. Thus, he sent me the following on 1st March 22 and explained he will be using Fibonacci and Elliot Wave to determine the potential entry prices: Technical Analysis For Digital Turbine Inc (APPS) as of 1/3/22 To simplify his explanation, he stated that Elliot Wave complements and work well with Fibonacci. 38.2 percent and 61.8 percent retracements are usually significant support ...

I bet you have heard me saying, "I know nuts about TA (aka Technical Analysis)". I also don't know what pink line, blue line and purple line is about. I also don't understand how drawing a cup can help me with the trade. And this is the craziest, how does a dragonfly help to trade? But I do feel I know something about technical analysis and that is "Support". This is not done by drawing any lines on the chart. But this done by using your eyes! In my smartphone, I have this app where I watchlist over 40 counters. Every day I scroll through the app and look at the 40+ counters. After a while, you will realise, for every counter that "is liquid enough", it will have a support price. Certain counters will hardly fall below a certain share price, unless events such as consistent bad quarterly results or negative news broadcast about the counter, becomes public news. Thus, in my opinion, this will be the "Support...