DIDI , considered as the UBER of China , has lost 60% since its IPO day.
Chinese stocks have been beaten down badly.
Is this the opportunity of a lifetime to buy them cheap? I don't know.
Tell me what you think.
Looking at the chart, I see a triple bottom and a potential bounce play for all Chinese stock.
I believe that Uber is a Didi shareholder.
perfect time to jump in Sndl stock. This stock is one of cheapest long term stock in cannabis market that is really undervalued right now. Maybe it will go a little bit more down but in compare the huge opportunity it worth to buy in these prices.
FDA phase 3 failure led to a massive dump.
As we know, every reaction in the market is an over-reaction, so get in while it is cheap, or wait and see.
Maybe selling puts here could be the correct action.
Best of luck.
Mylan N.V., together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic, branded-generic, brand-name, and over-the-counter (OTC) pharmaceutical products in North America, Europe, and internationally. It offers active pharmaceutical ingredients and finished dosage forms; and antiretroviral medicines to treat HIV/AIDS. The...
Nokia Corporation engages in the network and technology businesses worldwide. The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises;...
Hey traders, I'm buying 4 regional bank stocks today as I think they're cheap and so do the company insiders who have been buying shares like many regional bank insiders have been doing these past 2 months.
The technicals have also aligned for a good entry point here imo as we're currently at the bottom of the range and oversold versus the market and financial...
Simply a return to 2016 levels would net us a 350% return. Hyper-conservatively speaking, bare minimum, I see a 50-90% increase in AUMN in the near future.
If AUMN experiences a crash near previous lows, I will be buying while others are selling.
Technical analysis (daily chart)
OBV on steady uptrend along with the RSI
MACD > MACDsignal
BABA is a buy right now @$177. Well below analyst price average targets of $225. (Over 25%)
Fair value Morningstar note
Our fair value estimate is $240 per ADS incorporates management's full-year fiscal 2020...
There is a strong support area around $9.5 - $10.5
Could be a good opportunity if it keeps respecting the limits.
RSI @42 (waiting for this indicator to go higher)
OBV reaching for higher highs
Bollinger bandwith relatively high.
Not buying yet, but it's worth it to keep on your watchlist.
A month ago I published an idea on Seeking Alpha on a deep value stock in Hong Kong with changes afoot.. G-Resources ( 1051 HK )
G-Resources seems to be an extremely cheap stock trading at 1/6 of liquidation value.
Prior management sold most of their stake in a block sale in May and resigned from board and executive officer positions.
Company in bad finance for a couple of years. Seems to be soon at it's last legs.
Common pattern: Company stock drops to downtrend channel and bounces in average 26% up from there to commence yet another new drop to the abyss (average drops +-28-33%).
It's a risky stock, but if charts are true, when oversold hits and price touches downtrend channel there is a...