$WB - unusual call option purchasingThere are large best for May 21 expiration for $50, $55, $56, $57 and $60 strike. There are smaller call purchases for $48 strike. The sum of the bet is over 2.8 million I grabbed options with May 28 expiration at the $50 strike and I am adding when it dips. Longby katblatPublished 0
Weibo Corp. - Correction might have endedPerfect technical setup for this social media chinese companyLongby JibasJrPublished 2
$WB - options for MayThis stock has a few things going for it 1. Cinched MACD 2. Stochastic is low, a lot of room to grow 3. Downward facing ATR 4. Bull pennant 5. Large bets placed 14 April for May 21 expiration (and a few for 30 April) for $50 and $55 strike Got in 14 April for May 28 expiration and $50 strike for $3.50/call My call option targets are conservative, for some people; I will exit at 30-50% profit. Longby katblatPublished 0
Weibo is looking interesting after retesting major support levelNASDAQ:WB pulled back in a descending channel and retested major support level. Long the break out of the channel, targets and anticipated price action is shown on the chart, stop loss at 45$ or daily close below 200 MA depending on your risk appetite. It worth to note that this idea could be impacted by the tension b/w US and China. Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or selling Happy Trading!Longby ChartoholicPublished 0
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.Longby UnknownUnicorn7308096Published 224
$WB still in play - Inverse H&D completed, Inverse H&D completed, $70-$74 target still intact. Longby BH2424Published 0
Cup and Handle? Inverse Head a ShouldersEstimated earnings 3-29..long term high is 142.12 3 year high is 142.12 Yearly high is 54.57 Inverse H&S near handle, has broken neckline of this pattern and that is long entry level. You can draw a line from the head to the neckline to get a ballpark idea of how far this pattern may move upward. Using magnet, just move the line to extend up from the neckline..WB already hit this target and more and then pulled back once, now a second attempt and a tail pierced target line using this method...so perhaps an important level for WB.. Cup and handle is trying to form. It is not to long entry level for this pattern and I do not see a clear handle..if you do, mark it (o: Cups do not always have clear horizontal consolidation zones (HRZ) as a handle but it sure helps me when they do. Or the handle may be right at long entry level. There is also an ascending scallop pattern/looks like a Backward "J" and these do not usually have handles they do often pull back and if a scallop pulls back below lip of scallop and forms a HRZ, then you have a handle. So then you may have a cup and handle and no longer an ascending scallop. This DOES NOT resemble an ascending scallop, by the way, as it is a much quicker to form type pattern, and much smaller than this pattern. FUBO looked to be forming an ascending scallop but then looks to be pulling back. I was thinking (dangerous..lol) But it does seem China's economy will be better off than ours under this administration..just thinking is all.. Not a recommendation..short interest over 16%so the hsorties are watching this one somewhat/OBV is high..NV is picking up/not a long term uptrend.. If you never step forward, you will always be in the same place..Longby lauraleaPublished 4
Weibo Corp head and shoulder buying opportunityBuy in the 34-38 range with a stop loss of 30 and the targets shown as resistance lines for scaling out of your positionLongby heshamahliPublished 114
The Short Float Meme Is Strong, WB Big Candidate NextSo you guys like playing short floats huh? No DD just running with the hype once the internet meme stock fomo finds WB. Short float is at 70% betting this stock will fall. We know what happens when this one gets discovered.Longby OneTimeOsPublished 5
Weibo Stuck In A 3 Year Downtrend Will 2021 Break the curse or get even worse? by TradingMulaPublished 2
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 Longby financial_freedom_with_gunaPublished 0
Head and shoulders forming Possible head and shoulders forming in WB. I was expecting WB to rise with the large tech stocks but with the weak performance of most tech stocks other than AAPL recently I am afraid they will resume their downward pattern. They had a strong upward pattern since May but a Head and Shoulders is a bearish reversal pattern. I'm not sure where to put the neckline could someone help me with that? My understanding is that it starts at the dip before the first shoulder than ends at the dip after the second shoulder (which hasn't formed yet so maybe we can't draw that in yet) Appreciate any comments! Thanksby Jeff-Bezos-4th-wifePublished 5
$WB #Weibo #weekendchartreading retracement mode in upsloper Maybe setting up for a bounce, if above downsloping trendline it could go higher also closing in to a support level of the horizontal line Longby MarkterSchurePublished 446
WB: Fibo wise, wave (2) had reached 76.4 but EW wise, wave (2) is not finished. Look for a slight spike and a drop for a double bottom.by Will_WongUpdated 2