Investment Diary (By Joe Pong Wealth)
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πŸ† Recording Wealth Accumulation Journey Together
πŸ’¬ Join Discussion Room:
https://t.me/investmentdiarychat
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#ADBE earning release, positive outlook with EPS & revenue beats πŸ”₯πŸ”₯πŸ”₯
#AMZN #AAPL #ADBE #SE , some charts looking good for new dollar cost averaging position tonight.
#ADBE pull back from mommy support (MA50)
#ADBE πŸ‘ See how it falls to both the support horizontal line & EMA50 mommy support, then pulls back

#TENCENT πŸ˜‰ Observe dotted line, touching previous highs. A significant price level that can either be a support or a resistance.

#SHOP πŸ›’ Recently I am looking into ecommerce, and shopify obvious have been growing incredibly strong for the past two years. For those interested, can take a look on their FA, business model, and this chart here, showing a green candle holding above EMA50 support.

#MSFT πŸ’» Similar to Tencent, see how the price stuck at previous highs as a resistance, for this case.
Investment Diary (By Joe Pong Wealth)
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Long Lost Portfolio Diary Update😬

I call this portfolio the " #JP30 " lol. πŸ™ˆπŸ™ˆ

Sitting at unrealised 25% portfolio return till today.

Not the best representative return for the year.

Some new stuffs & mistakes:

πŸ’‘ Added BTC into my etoro portfolio (<5% size)
πŸ’‘ Took profit on a few companies, and reinvested the money to some in-portfolio-stocks to reoptimize my position sizing. (Accidentally sold of some #BA oops)
πŸ’‘ FOMO PLTR last week then entered at the high. Lol (1%) 🀣

TOP POSITIONS
#GOOG #AAPL #meituan
#FB #MSFT #ADBE #SE #BABA

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Few notes to myself:

❣️ To stay rich, diversify. To grow rich, concentrate.

❣️Trust the process and do it consistently

❣️ Perform portfolio allocation sizing and optimization from time to time, maximizing profits

❣️ Do not FOMO & chase the HIGHs ! Wait for price coming down to a reasonable level.
The most anticipated earnings releases scheduled for the week are JinkoSolar #JKS, Adobe #ADBE, Chewy #CHWY, GameStop #GME, Costco #COST, lululemon #LULU, Coupa #COUP, AutoZone #AZO, Broadcom #AVGO, and RH #RH.

http://eps.sh/cal

#earnings #jinkosolar #adobe #chewy #gamestop #costco #lululemon #coupa #autozone #broadcom #restorationhardware
Adobe #ADBE (NASDAQ:ADBE) shares are relatively flat after reporting FQ4 results with record quarterly revenue of $3.42B (+14% Y/Y). Digital Media sales increased 20% on the year to $2.5B with Creative revenue of $2.08B and Document Cloud sales of $411M.

https://seekingalpha.com/symbol/ADBE/earnings
#ADBE trying to get back to the previous long term support of 430