wounsel

Fang.com - $SFUN - Dip / Swing / Seasonal (Real Estate)

Long
wounsel Updated   
NYSE:SFUN   None
$SFUN Holdings / Fang (formerly SouFun) is trading right in my zone. I'll be looking at some calls for mid-July if possible -- depending if we see the sign of the first bounce or not.

Looks as if support is available at ~$4.50 territory, so if it reaches there, I'll enter. If it begins to bounce before then, I'll also scout an entry at that time.

6/22 ER date might change my game plan. This one's on my radar regardless.
Comment:
Wowzers! It's kept falling. I'll be waiting for a bottom. Maybe it finds support at $4.50?
Comment:
We're close. Either it bounces off of $4.50 (support) or I'm canceling the trade. Plenty of nice room to bounce from previous support on up to the mid 5's.
Comment:
Currently testing support. Looks like we might have kissed it but I'm waiting for confirmation.
Comment:
$SFUN fell right through $4.50 (support) and went spiraling down towards previous support of $4.20 -- if it shows signs of a bounce, I may participate but for now I'm pursuing other opportunities. ER on 6/22 will likely be a deciding factor.
Order cancelled:
Another RED day for $SFUN -- with all of the tariff saber-rattling going on, I'm not participating at this time.
Order cancelled:
Still nope-ing out on this one.
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