wounsel
Long

58.COM - $WUBA - Dip Buy - Quick Swing Trade

NYSE:WUBA   58.COM INC ADR EACH REPR 2 COM USD0.00001
Looking at $WUBA's last earnings (beat $0.12) and revenue (beat $22.26M / +36.4%) on 5/24 - I see that it is currently trading below the 2x standard deviation band on the linear regression line. I'm going to monitor for entry in the next couple of days and scan for news related to this company. Looking to swing trade some Calls as it re-enters the linreg bands.
Trade active: Looking for an entry at this time. Will place limit-order Call buys for $WUBA today and see if we get a bounce off of the ~$78-79 region (previous support).
Trade active: IF I manage to purchase some conservatively priced calls today, I'll sell of at my PT of ~$83.50 or so -- I believe that the tariff situation with the US and China might put this stock off for a while.
Order cancelled: I was not able to purchase calls at the low prices I placed for orders. That's o.k. -- it looks like it has some room before the bounce. I'm going to continue monitoring $WUBA. The latest Trump comments / tariff garbage with China likely put any green moves off for this one for at least a few days.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out