China Tech boom$WB and $MOMO are some chinese internet / tech / media stocks.
I think they will boom. So does williams trader.
These two have really strong financials.
Manage your own risk
Much love
gl hf
xoxo
snoop
MOMO
High Flying Momentum Stock Just Getting Started Today!High Flying Momentum Stock Just Getting Started Today!
$18 is the next target within a couple of days then $19.60 for a double top.
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GJ (GBP/JPY) Technicals +62 pips in 30 mins EC release
GJ (GBP/JPY) Technical momo setup +62 pips in 30 mins in my momo setup made +62 pips in 30 mins intra-day trading after release of economic calendar even it's release GBP is negative/bearish and JPY is positive and bullish.
Oversold os levels in vwap and momo stochastic crossover and reversal of momo squeeze, bounce back below vwap levels. High volume and volatility release scalp can made over +90 pips entering at fractals and EMA scalp signal.
MOMO Flat top Breakout in the WorksMOMO which recently had earnings and a nice reaction to it has consolidated for a couple days right at its yearly highs. Today we are breaking a key level that has been holding all year.
MOMO has a lot of things going for it.
Chinese Stock- Tons of momentum in this sector. HUYA, IQ and many others are really ramping this past month . the whole sector is on fire.
Great Daily range. - MOMO can move 5-7% a day it moves quick and can be explosive
Very liquid with VOLUME EXPANSION. The last week you have seen volume expand out of its normal range.
We should see a nice run in this maybe to 60 over the next couple weeks.
MOMO is backMOMO has finally broke out of the downtrend and is moving along an uptrend trajectory bouncing back above 50 Fib.
MOMO Potential Cypher (bullish upto 43.6, then pull back to 40sNASDAQ:MOMO MOMO forming potential cyper patter. If price reaches the 43.6 value by July 21st. It might putll back to 40s
MOMO Gains Traction BEFORE EarningsFundamental:
I studied the company and I like the its past history and it meets my fundamental parameters. Past history does not guarantee future results.
It is a Chinese-based company.
Technical:
The volume clearly shows big players entering the stock of this company. Its time to surf the wave up!
The price chart consolidated sideways with volume divergence.
Targets:
The targets on the chart are merely "areas of reflection" where I will PAUSE and re-consider the company going forward.
Overall Plan:
Hold for 3 months to 52 weeks
AUDUSD "Trinity" Continuation TradeBroke trend to the downside on a "trinity" setup, shorting the leg start down.
MOMO - Moving average powered Short set up from $16.87 to $13.63
MOMO rolling over very nicely with very good divergence moneyflow. Its very volatile & seems to have the power of moving average behind it. Looking a very good short setup
Trade Criteria
Entry Target Criteria- Break of $16.87
Exit Target Criteria- $13.63 or lower
Stop Loss Criteria- $18.37
Option: $17.50 Apr puts @ $2.6
You can check detailed analysis on MOMO in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 7:45"
Trade Status: Pending
MOMO Flag breakoutwill also be watching $MOMO to see if it can break out of the flag pattern sometime soon. Watchlist
$MOMO Long - ICHIMOKU Cloud
$MOMO Price action on the hourly has broken the Kumo Cloud upward
Chikou Span is above the current price action, although within the cloud
Price is above it's higher time frame 13-period EMA and above it''s current time frame 13-period EMA
Next level to break .85 range We mentioned if .59 broke with above average volume that top of the range was .85 and that's exactly the scenario that played out. If positive news from conference is released and .85 breaks with heavy volume can run through the gap, top of the range to 1.85 One thing to note is the divergence of volume to the upside starting on Wednesday the 15th and a bounce of the bottom of the channel at .39
$ASC Close for the break of the big 10What I like on this stock is the ascending trend above every moving avarage, is some kind of ascending triangle close to the 10 big resistence, the target on this one will be the SMA200 in 10.54, and the stop in 9.19 (al the SMA area)
