$WB can fall in the next daysContextual immersion trading strategy idea. Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China. The share price fell after bad earnings. It looks like it will continue falling. The demand for shares of the company still looks lower than the supply. So I opened a short position from $29,91; stop-loss — $32,30. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!Shortby KozakHlibUpdated 228
Weibo swan songAnother bearish wedge, something's cooking in chinese tech stocks. Can't believe we could finally see Weibo hitting $20. Massive support and buying interest there. $WB fundamentals have been pretty solid — will buy as much as I can carry.Shortby dk20dkUpdated 4
Twitter of China - WeiboIn China, millions and millions of people are using Weibo , the Twitter of China to communicate with each other, to buy tickets, to post videos, to buy and sell stuff, etc. It is so popular that you simply can't ignore it at all. It is now at 39.99 a great support level and I expect the price to trend up from here. Don't let the revenue shortfall take you back on this great monopolistic stock! It still has lots of room up there. Longby dchua1969Updated 114
looks like something to buy on the low earnings this week lets see what will happen neutral for now until earnings by FinancialEggPublished 114
One of many undervalued Chinese tech stocksFree money if u hold long termLongby delusionalPublished 224
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?by VictorWTChanPublished 3
WEIBO longTerrific long opportunity on Weibo here. I'm already in the trade, however it is still not too late to enter here. Make sure to use a decent stoploss.Longby PumpcatUpdated 6
Weibo Corp remains in bullish trajectory to $51Weibo Corp. engages in the creation, distribution, and discovery of Chinese-language content. It operates through the Advertising and Marketing Services, and Other Services segments. Its products and services include Self-Expression, such as Feed, Individual page, and Enterprise page; Social Products, such as Follow, Repost, Comment, Favorite, like, Mention, Messenger, and Group Chat; Discovery Products, such as Information Feed, Search, Object Page, Trends, and Discovery Channel; Notifications; Weibo Games; VIP Membership; and Weibo Apps. The company was founded in August 2009 and is headquartered in Beijing, China. Longby BullishchartsPublished 7
Price touched strong supportline WB Price touched weekly strong support line. Possibly buy. wait for breakout. I also watching this oneby UnknownUnicorn809974Published 2
$WB Bullish pattern targeting 58 - 68 positive indicators The Goal for long term is to fill up the gap at 68 but currently we are looking to open upper than down trend and start long uptrend targeting 58 then 68 of-course earning report will determine the future of these shares but looks like its already corrected and started uptrend even for short period .. 2 important resistance which are 40.4 then 46Longby WinnerTrader99Updated 2
Aug 9 45 Short Straddle Weibo FOR WHOPPING 5.50 CREDITWith a moderate IVR of 32.3, it makes sense to enter into a short strangle, where we are writing both the 45 calls and puts with the August 9th expiry. This trade does have unlimited risk, but does earn a profit of 550 per contract when the underlying security, Weibo, a Chinese Internet Technology firm, stays exactly at the k of 45. Because of the priced-in volatility, it is possible to execute this trade for a whopping credit of 5.50 per contract, which allows there to be a large range of values the security can take for which the trade can be profitable. This trade is driven by the ability to get such a wide profit margin, and is supported by the channel in which the security has traded since May 22nd. Indicators further the neutral but slightly bullish notion, and the short strangle is likely to be profitable. Seeing that the RSI and CCI both indicate it is slightly overbought and the ADX indicates growing slight bullish momentum, we choose to execute this at the 45 instead of the 40 (there are no strikes for the aug 9th expiry actively traded in between, and closer-to-the-money). Also, by using the August 9th expiry, we are able to get out of the position before the earnings announcement, which could move the stock dramatically. Going out another week would've only given us .18 more credit, which is not needed. With Weibo being Chinese, there is obviously exposure to trade war tensions, but following the G20 summit, things seem to have stabilized. With an $11-wide area in which profit can be attained, this trade makes a lot of sense, even considering the possible changes to and budding instability in the macro environment.by LaurenTradingPublished 4
WEIBO INTO THE WEEKEND? NO NEED TO RISK IT.TRADE IT WITH CARE ON THE LONG SIDE, THE CHART IS EXTREMELY BEARISH AND IT IS QUITE POSSIBLE A GOOD WEEKEND TRADE MEETING MAY NOT TURN THIS AROUND. NO NEED TO RISK THIS AS A LONG, PLENTY OF TIME TO GET INTO LONG, IT DOES PROVIDE A GREAT SHORT OPPORTUNITY IF SUPPORT BREAKS. by RedHotStocksPublished 5
China Tech boom$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 snoopLongby 420snoopUpdated 8