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52weekhighs

alibaba reaches 52 week high - short now or buy the dipAs Alibaba [BABA}, (currently in an uptrend), enters its 52 week high, and RSI & MACD are overbought, the time could be right to either: A) buy the dip at support (aggressive trade) or at resistance (a more accommodating trade) at the levels shown. or B) for those most adventurous - an aggressive short is likely to 193 (approx) then wait to buy back the dip either from resistance at 191.74 - 193.56 or from the support level at 164.28 - 166.72 (which seems most likely). Of course you could wait for an entry reason to continue the uptrend. However, always the aggressor, I would choose option (B). As always enjoy the day, have successs & good luck! Comments always welcome.
NYSE:BABAShort
by JayStieren
DCGD New Highs - What's The Next Catalyst?Justin has been busy getting appointed to other companies like MCTC and IGNG . Meanwhile, DCGD has added to its advisory board. But what comes next? New highs again today. Will there be a capital raise at any point? Interested to see the next quarterly filings. From Money Making Penny Stocks: One Is Up Over 21,000% This Quarter "This Has Been One Of The Best Penny Stocks of 2019 And PennyStocks.com Was All Over It! Back in July was when it first caught out attention. At the time, DCGD stock was trading around $0.07. A few days prior to that it was trading at $0.01. This week, DCGD broke the $2.15 mark. That makes a run of more than 21,000% from $0.01. And it wasn’t like the move was made on tiny trading volume either." Good points across the board in that piece .
D
by PennyStocks101
Facebook $FB Bullish breakout into earningsThe bullish DailyPlay we chose for Tuesday, July 10th is Facebook (FB). FB is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 0.21% move lower but its 1m/6m trend has turned bullish yesterday while breaking above its $70 resistance level which now becomes support. Facebook's 1m and 6m trends turned bullish on 7/5 and recently bounced higher off its $190 support level. With a technical score of 8 (out of 10), FB is a strong bullish stock that will likely continue higher. View this Trade Idea on FB - app.optionsplay.com As a stop loss, if FB was to trade below $200 for multiple days, this would invalidate our analysis and suggest getting out of the trade.
NASDAQ:METALong
by OptionsPlay