SPDR Gold Trust (GLD)
For ETF details, please refer to the previous GLD blog post.
Technical Analysis
GLD is in a long term uptrend channel. The stochastic indicator showing price is moving up within the channel. Support USD 180 and resistance USD 195.
Conclusion
Can buy for short & long term investment.
Investment return @ average 9.37% per year (Dec 04 – Aug 20). GLD is suitable for use in long term investment strategy.
Investment return @ average 9.37% per year (Dec 04 – Aug 20). GLD is suitable for use in long term investment strategy.
Tesla Inc (TSLA)
For stock details, please refer to the previous TSLA blog post.
Technical Analysis
Chart price adjusted for the stock split. Uptrend channel, support moves up to USD 337 and resistance USD 502. The stochastic indicator also showing an upward price movement.
Conclusion
For stock details, please refer to the previous TSLA blog post.
Technical Analysis
Chart price adjusted for the stock split. Uptrend channel, support moves up to USD 337 and resistance USD 502. The stochastic indicator also showing an upward price movement.
Conclusion
Despite TSLA's high valuation, it can still be considered for short term buy.
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