Description: WB is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $49.2 - $51.6
2. Take profit: $62.27
3. Stop Loss: $48.2
4. Risk To Reward: 1 / 5
5. Accuracy Rating: 95%
Hi Traders,
This is my view on this stock for the next few days.
#WEIBO
BUY 44.70
SL 39.1
TP 61.5
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter...
I already played options on this and cashed out once.
I got back in when it dipped at a lower entry price.
I am currently 12% green.
Earnings are monday before the bell. The unusual call option buying makes me wonder if someone knows more than us. It worked on CMCSA trade at earnings, looking for another earnings win on this ticker
There are large best for May 21 expiration for $50, $55, $56, $57 and $60 strike. There are smaller call purchases for $48 strike.
The sum of the bet is over 2.8 million
I grabbed options with May 28 expiration at the $50 strike and I am adding when it dips.
This stock has a few things going for it
1. Cinched MACD
2. Stochastic is low, a lot of room to grow
3. Downward facing ATR
4. Bull pennant
5. Large bets placed 14 April for May 21 expiration (and a few for 30 April) for $50 and $55 strike
Got in 14 April for May 28 expiration and $50 strike for $3.50/call
My call option targets are conservative, for some...
NASDAQ:WB pulled back in a descending channel and retested major support level. Long the break out of the channel, targets and anticipated price action is shown on the chart, stop loss at 45$ or daily close below 200 MA depending on your risk appetite. It worth to note that this idea could be impacted by the tension b/w US and China.
Hit the like button please if...
Targets & Idea on Chart. Alerted trade in breakout structure, still looking for much higher. China small & mid-caps becoming a hot place in the market.
Estimated earnings 3-29..long term high is 142.12 3 year high is 142.12 Yearly high is 54.57
Inverse H&S near handle, has broken neckline of this pattern and that is long entry level. You can draw a line from the head to the neckline to get a ballpark idea of how far this pattern may move upward. Using magnet, just move the line to extend up from the...
So you guys like playing short floats huh? No DD just running with the hype once the internet meme stock fomo finds WB. Short float is at 70% betting this stock will fall. We know what happens when this one gets discovered.
