technical

Qualcomm – extremely overbought after a 74% rally within 3 months! (23 Apr 19)

Qualcomm – extremely overbought after a 74% rally within 3 months! (23 Apr 19) 736 530 Ernest Lim's Investing Blog

Dear readers, This week, Qualcomm caught my attention as it has appreciated approximately 74% from US$49.10 to trade at US$85.62 in less than 3 months. This is due in part…

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Best World – down 47% in 2 months! Buying opportunity or falling knife? (12 Apr 19)

Best World – down 47% in 2 months! Buying opportunity or falling knife? (12 Apr 19) 791 262 Ernest Lim's Investing Blog

With reference to my 19 Sep 2018 write-up (click HERE), Best World has appreciated approximately 147% from $1.35 on 19 Sep 2018 to touch an intra-day high of $3.33 on…

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Chipotle Mexican Grill reaches all time overbought after an 84% rally in less than 4 months! (1 Apr 19)

Chipotle Mexican Grill reaches all time overbought after an 84% rally in less than 4 months! (1 Apr 19) 736 530 Ernest Lim's Investing Blog

Dear readers, This week, Chipotle Mexican Grill (“Chip”) has caught my attention with its blistering 84% surge since 24 Dec 2018 and its US$100 rally in the past 16 trading days.…

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S&P500, Nasdaq and Russell 2000 hit records, time to switch to underperforming markets? (24 Aug 18)

S&P500, Nasdaq and Russell 2000 hit records, time to switch to underperforming markets? (24 Aug 18) 954 607 Ernest Lim's Investing Blog

Dear all, S&P500, Nasdaq and Russell 2000 hit records last Friday with S&P500 closing at 2,875. However, our STI has dropped 11.8% after hitting a decade high of 3,642 on…

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GSS Energy – Personal view from technical and fundamental aspects (6 Oct 17)

GSS Energy – Personal view from technical and fundamental aspects (6 Oct 17) 764 287 Ernest Lim's Investing Blog

In my technical write-up on GSS Energy (“GSS”) dated 14 Sep 2017 (click HERE), I highlighted the possibility that GSS may be on the verge of forming a potential inverse…

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Ernest’s market outlook (13 Jan 17)

Ernest’s market outlook (13 Jan 17) 1920 1032 Ernest Lim's Investing Blog

Dear all, STI performs to my expectations as it heads towards 3,040 (my eventual technical measured target price which I mentioned previously). What’s next? For the charts analysis below, you…

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ISOTeam on the verge of a potential bullish chart breakout (9 Jan 2017)

ISOTeam on the verge of a potential bullish chart breakout (9 Jan 2017) 1920 1032 Ernest Lim's Investing Blog

ISOTeam recently caught my attention with a surge in price, accompanied with volume. Based on Chart 1 below, ISOTeam has been trading in a tight range of $0.375 – 0.405…

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Ernest’s market outlook (6 Jan 2017)

Ernest’s market outlook (6 Jan 2017) 900 401 Ernest Lim's Investing Blog

Dear readers, Two weeks ago, I mentioned that although Hang Seng is in a downtrend, it may rebound as oversold pressures build. Hang Seng jumped 928 points in the past…

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Sino Grandness – on the verge of testing critical supports (26 Sep 16)

Sino Grandness – on the verge of testing critical supports (26 Sep 16) 1920 1032 Ernest Lim's Investing Blog

Sino Grandness has slumped 45% from an intraday high of $0.785 on 7 Jun 2016 to $0.435 on 26 Sep 2016. Sino Grandness has broken its support at $0.450 on…

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