WB Weibo Corporation Options Ahead Of EarningsLooking at the WB Weibo Corporation options chain, i would buy the $22.50 strike price Calls with
2022-10-21 expiration date for about
$1.15 premium.
Looking forward to read your opinion about it.
WB
WEIBO. Time for China's Stock to shine? 15/Nov/21WEIBO stock price has happen to re bounce at around demand zone AND Long Term trend line at around 43.30 as previous idea. Properly found strong buyers?
$WB possible structure into ER and afterlooking for the gap fill below, followed by some sideways action and a runup after ER
Easy shortThe bubble is bursting. Weibo management denied the news of the company going private.
$WB stock should be on the $54-$56 range again within hours, a couple of days at max.
WB Downtrend BreakoutTargets & Idea on Chart. Alerted trade in breakout structure, still looking for much higher. China small & mid-caps becoming a hot place in the market.
WB Daily/hrly 30.05WB Daily/hrly 30.05
PRo:
1. Lower Daily Demand
2.3 exciting candled in location DAily candle
3.clear location zone candles
4. Origin of daily up move
con:
1.only once exciting legout in hrly chart
2. chart is contonuously in a downtrend from high
Top Small Mid Cap Tech Stocks in Nasdaq Stock Market: @unclebfmFound some real gems. These babies look fantastic. A few are ready to go right now. Thanks's to the Trade war with China, that's only getting worse, these corporations look ready to pounce on massive market share
breakout backtestnice setup here long. watching for some upward movement. maybe some september calls. china is a communist regime with slavery, but price is going up so i must be long $FXI
Is WB going to break above the downward resistance line?Weibo (WB) closed right at the 4.5 pt/mth line all the way back from Q1 2018. Is it going to break out despite news of the trader war?
Price touched strong supportline WB Price touched weekly strong support line. Possibly buy. wait for breakout. I also watching this one
China Tech boom$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
bearish trend is weak o The cloud is thing and divergence is happening
o Price broke the cloud and retesting
o price action will indicate whether
its a buy or to wait
Buy signal is if a gap up happens and
price opens at 63.10. its definite buy.
Or bullish candle's volume exceeds the last
8 candles than its a buy
o #the1%
Weibo breaks down from a triangle pattern on a downgrade!Weibo, a Chinese platform similar to Twitter, was down 13% on a downgrade (buy to neutral) from Nomura today citing slowing growth in China. In 11 years of trading, I've seen analyst actions have both huge impacts on stocks and also no impact at all on the stocks they cover. It mostly depends on the analyst's timing, who they are and their previous track record with the stock. Today's downgrade seemed to catch Nomura at a rough time as 13% is not a small decline just because someone's opinion changed.
In general I don't care so much what the analyst said, but rather the price action that followed. In the chart above we see WB managed to create a very solid base at the $54 level over the past few months. This base held through all of the turmoil of December's declines and it seems it took this downgrade today to have it smash through the support line. I believe there will be follow through.
We can sell short WB between $52.50 and 53
Target 1: $47.80
Target 2: $44
Stop: $56.25
$WB bottom formationOver the last year $WB has been decimated, going from a high of $142.12 to a recent low of $53.11 in late October 2018. Since then it has consolidated well. If market cooperates here, it could be gearing up from that consolidation to go north again. If it takes out $70, then $80 to $90 is doable.
$WB Weibo Diamond Bottom$WB Weibo forming what looks like a possible diamond bottom in the area of $60 support. Earnings this week - if positive, it could be the start of a major long term reversal.
Targeting $80 by mid-January.
Note: Informational analysis, not investment advice.
WB Weibo - SHortNice downtrend on WB
Nice pullback, price fails to made a new hight.
Possible 70$ support zone retest soon!
WB ready for some bullish days30 min candles show $WB is climbing out of a falling wedge, RSI forms an ascending triangle, RSI lows climbing out of oversold zone. Just got a long position - getting out when it breaks to the downside or scaling out on any big pump to the upside.
Good Risk Reward Long Entry for WB Here (Weekly)I believe that within 3 months, WB has a better chance to continue the uptrend than to have a complete reversal.
I believe the 98-105 support level will hold, and thus have initiated a long position at 103.5 with a stop loss at 95.
My target profit area is the 130-140 zone.
The risk is 8.5 dollars down for a reward of about 35, which is a 4 to 1 risk to reward ratio.
WB, inside day @ 0.618 retracementThere has been crazy sector rotation these couple of days.
Most of the tech stocks and Chinese ADRs encountered a sold-off.
It's the time to choose direction and it did give an inside day for us to take our judgment.
If it's able to break to the upside, that means the 0.618 is playing as a support and it's time to long;
If it's able to break to the downside, that means the sold-off may continues and not a bad idea to follow the trend!
So let's see how it goes, and I'm more inclined to trade the breakout than the breakdown.
