9888 trade ideas
Bearish Descending Hawk (Follow Up Previous Post)17 days ago, we called that 251 is T-peak and the chance to see 231 is very high, if u had the opportunity to take the position, more downside opportunity is looming from today's price action. If u want a real time alerts try www.2waytrading.com
Bearish Descending Hawk Threatens Recent BreakoutThe Bearish Descending hawk consists of two white candlesticks, in which the first day’s white body engulfs the following white body from Nov 11-12, and today confirmed the bearish pattern. The first one has to be a normal or long white candlestick as it was November 11, 2014. Either the body tops or the body bottoms of the two candlesticks may be at the same level, but whatever the case, the body of the second day should be smaller than the first as it was November 12, 2014, today finally came the confirmation but will we see follow through time will tell. If you need a real time alerts on this security try us www.2waytrading.com
Earning Breakout Losing momentumThere is a good chance that price will re-test next support zone before any significant upside continuation. Expect next two weeks price to find support 225 area before 210. If you need real time alerts try us www.2waytrading.com
BIDU Topping DistributionSignificant distribution forming since August. May take some time but I expect a move down to lower monthly support gained. I included MACD to help visualize the distribution process.
BIDUBIDU looks bullish here as it has been a range for awhile & could b/o to the upside soon w/ a tgt.#1=240........w/ BABA having IPO tmor. then this could be a nice side China play also
BIDU as a proxy for other momentum stocks.The failure of BIDU after the huge earnings gap, is an ominous sign for other momentum stocks that had bull gaps.
Measuring GAP in BIDU projects to over 260.If this is indeed a measuring gap in BIDU, look for the stock to get to above 260.
$BIDU Follow-Up (Price Hit Target)8-day ago, we recommended a trade that had a target price at $212 it seems that is achieved today. Congratulation! If you are interested in real-time alerts check out www.2waytrading.com
Will $BIDU Fill the earning gap?The chance that to happen increased last few sessions, and only will be health for the stock to resume upside trend. Strong ascending trend faces counter trend that does not threaten its energy but if it does that is when you initiate a long term short position until that is seen, play quick short and long trades that lasts 2-weeks to 9 weeks. We have had several trades last 2 months and almost all were winners. We expect price to cascade few times towards the the high of July 24th which will complete the process to fill the gap. Now, we have QST with target price $212.50. Stay safe and tuned for more to come.
$BIDU Has been Profitable Stock for usMany of you remember most of the trades we called this stock did pay off big time and continue to pay off. No one knows what the future holds, and we only try to share our directional bias. Not every call we post, but we like to update some of the calls. Yesterday's call was great indeed but we are far from achieving our target price $212.50 Area. We bought Sept 210 Put. Follow us for more to come.
BIDU (Follow Up)Price indeed hit target price for QST expect more drop next week. The trade closed as noted yesterday with target price. Stay safe and expect more!
$BIDU presents QST at 221.95 with stop loss at 223This is one of our quick short trade so far it paid off last few weeks all trades turned profitable. This is a short term trade, so we still wait either breakdown or upside. If u like it follow us. Stay tuned for more to come.
Hourly Chart Bearish (Failed to clear out DSL)Only for those who want to take QSL so far 5-trades all winners. Stay safe!
