-My expectation is the 200 Week EMA support should lead to a breakout of the 2+ year flag pattern -Trading above the VWAP from March low supports the idea that risk is to the upside
Possible stop below 31.6 NV is high/short interest is also on the high side but always is for this stock It is kind of like certain stocks are just their faves I guess it does not mean it will go down. In fact, sometimes it can make a stock go up due to the shorties having to purchase it. No rising wedges noted Earnings 11-20 Not a recommendation Targets 2...
buy 34.10 to 33.45 T1 38.10 T2 40.65 SL closing under 31.65
smaller wave iv. A=C on the larger wave 4 can be expected for the smaller wave iv.
When It breaks 39 Shorts will come. Need to short!!!
As long as it stay above $40 I can go long.
Earnings 9-1 Targets 2 are 64 to 71.5. I did not put them on the chart due to market volatility. There is most often a pull back after hitting targets 1. Some do not make it to T2 for a long, long time..if at all Tis the season of online! I wish I had bought CLIX a long time ago! Oh well ABC patterns are only valid after break out with a clear trend up after...
One of the latest in my portfolio, BZUN has registered nearly 50% returns since we longed at 28.97. This is an e commerce stock in China. Read more here . The second one is Pinduoduo stock where I covered in last November. This one has given us more than 170% returns thus far. Read about their news here The last one is ZA Online stock which I recently...
BZUN has just come out of a corrective cycle that has lasted nearly 2 years. It looks to be in the midst of a new corrective set, this stock will most likely break its previous ATH within the next 12 month period. Cannot give profit taking targets on this as it is long-term. Price-Point of Invalidation: 28.21
Contextual immersion trading strategy idea. Baozun Inc. provides brand e-commerce service to brand partners in the People's Republic of China. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a...
Not sure what this stock is, but the chart looks bullish. RSI trending up, momentum picking up after an A&E bottom. I would expect this to continue.