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UnknownUnicorn1020621
Nov 7, 2017 4:45 AM

BZUN Ready for 40% gain. Long

Baozun Inc.NASDAQ

Description

The trend is strong, earning is on 11/16, should go atleast to 40ish.
Comments
toner
what about yesterday (NOV.21) earnings? drop to support/trend line at 32-33? or doesn't matter and still go up? AH seems an hammer on BZUN as usual during earnings, really sucks! I'm IN BZUN and this time was hoping/thinking that it could be different hold during earnings...but it seems I was/am wrong
UnknownUnicorn1020621
@toner, I believe it'll find support at 30.50 ish. I don't play the earnings and I don't recommend it to anyone. However, I will be buying calls when it reaches 30.50ish. I would buy puts if it went up to 45ish.
UnknownUnicorn1020621
@toner, If you have stocks, I recommend buying options. The stock should find support at 28.60ish or 26.00ish. Bzun always tanks during the earning, however, I was surprised to see it didn't reach its max support prior to the earnings.
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