E1DU34 trade ideas
EDU 1D Scalptest
New Oriental Education & Technology Group, Inc. is a holding company, which engages in the provision of private educational services. It operates through the following segments: K-12 AST, Test preparation, and Other Courses, Primary and Secondary School Education, Online Education, Content Development and Distribution, Pre-School Education, Overseas Study Consulting Services, and Study Tours. The company was founded by Min Hong Yu and Yong Qiang Qian on November 16, 1993 and is headquartered in Beijing, China.
EDU LONGThis is a great company with sustained growth, with predictable profit, it's an amazing investment considering the current prices.
Current assets exceed market capCurrent assets exceed market cap.
Enterprise value is almost 10X to market cap.
Huge valuation gap.
Risk: becoming non-profit
EDU a "nonprofit organization"China's crackdown on for-profit education companies was a disaster for traders not using a stop loss.
In the 52 Week Range EDU New Oriental Education & Technology Group Inc. went from 19.9740 to 1.9400usd.
After-school tutoring institutions must transform themselves into "nonprofit organizations".
Jim Cramer (Mad Money) on China's tech crackdown: You can't own Chinese stocks!
ARK Invest dumps Chinese stocks.
It seems dangerous to hold Chinese stocks right now.
US-listed Chinese companies have three years to comply with US accounting oversight, to comply with the rules of accounting and transparency that American public companies must follow, if not they will get delisted.
This looks like the beginning of China`s stock market crash.
I`m looking forward to read your opinion about this!
Long term - China $BABA, $BIDU, $TAL, $EDURecently we have been seeing a constant selling pressure from Chinese stocks. These are generating some long term opportunity. Very large MOAT here, with very high uncertainity in the market.
Do focus on the price move and adjust the projected pattern accordingly.
Some might pick $EDU against $TAL due to their cash position. $TAL has a industry advantage being the leader in the education sector, so I favor $TAL, with their small investments and large bond sale last year, there is very little risk of further earning dilution in 2021 (constant 3% max). Next Earning Report is Huge.
$BABA - DAMN the enterprise value, My model shows to justify the enterprise value $BABA is currently trading, we should have a growth rate decline from 46% to 8% and the interest rate for 20 Yr bond to go up 42 - 60%, with EPS of $10 in 2021, 2022. Is that likely? I would argue not all of them will happen.
Therefore, I want to wait for the selling frenzy to be over to take a sizeable position here (Leverage - Go big or go home).
$BIDU - The least favoritefor me at this point. If I have to get really interested in Bidu the share better drop another 20%. I am not too keen here.
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This is similar to my 2017 Eurusd Post. FXE play. The reversal is so evident that could really be worth.
Buy, given what TA suggests, despite certain amount of fear Buy, given what TA suggest, despite certain amount of fear at this point. It should not take more than a year to see if it is a right decision or not.
EDU Harmonics: Long-haul Easy TradeHere, we had a perfect butterfly extension pattern on the weekly. For this price action, it seems that the most likely complimentary pattern here would be a shark pattern; therefore, I have indicated the 0.886 retracement and 1.13 extension of the CD butterfly leg, as well as, the normal 0.382 and 0.618 retracement take-profit levels. Good luck, trade safely, and let's take some clear easy trades!
EDULONG-TERM: Bullish butterfly PCZ bounce off an iceline, descending broadening wedge, classic bullish divergence. (not financial advice)
$EDU short put vertical 73% PoP for credit at support$EDU short put vertical 73% PoP for credit at support
New Oriental Education & Tech Group had a big move and a big correction.
It's time to playing some bullish move.
Weekly timeframe:
Oversold on weeky and on daily too, sitting on the bullish trendline.
Daily timeframe:
Oversold too, bullish divergence.
Playing short put vertical here, because IVR is relative high: 60.
Max profit: $236
PoP50: 73%
Profit Target relative to my Buying Power: 30%
Max loss with my risk management: ~$150
Req. Buy Power: $764 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 60 (relative high)
Expiry: 24 days
Buy 4 EDU Jul16' 5 PUT
Sell 4 EDU Jul16' 7.5 PUT
Short put spread for 0.6cr each, because IVR is relative high.
COMMENT: Because of very low RSI and daily divergence it could be a good choice into my investment bag/portfolio too.
Stop/my risk management : Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 150$. Probability of loss in this way: ~27% .
Take profit strategy: 65% of max.profit in this case with auto sell order at 0.20db. Probability of profit this way: ~73%.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
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EDU Headed to a Support ZoneEDU could rebound after a 66% pullback from a supporting line since 2016.
Long | EDUNYSE:EDU
Possible Scenario: LONG
Evidence: Price Action
TP1~ 15.5$
Call options, Strike 15$, 05/21/21
This is my idea and could be wrong 100%,
EDU (NYSE) - Move UpGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
EDU (NYSE) - Move Up
