This is not financial advice, but the leading eco-system token looking to explode up.
Scary.... but if the week finishes below the 227 MA then we are only going one way fast..... *This is not investment advice. I am bearish and may have a position over the next 48 hours.
Pretty hard to miss this. With the backdrop of workers returning to work. America and the west are fearful of the CORONAVIRUS. Expect some volatility but long term upside 2x +
The virus has surely sped up the pace of digital transformation in China. The worlds biggest experiments for online everything being conducted over weeks and months of lockdown. This is the king of all e-commerce and cloud in China. #this is not meant to be investment advice.... just explaining why I'm long on Calls here.
Travel to Macau is opening up. VIP flow backed up. Low coronavirus impact on Macau. Onwards and upwards.... Let's see if the pent up demand flows through. Gamblers are gambler this is a low risk town to visit.
BABA/9898 is a going to have a choppy ride over the next 24 hours. We have just seen a multi rally pre-earnings report. The coronavirus facts aren't clear with a jump in reports of verified cases, however, there may be a change in methodology to reporting. Prior reports most likely we under-reported. Factory situation, where are we? No one going back to...
Only one way for this stock to go if we draw parallels with Amazon. Prediction of a parabolic run in 2020.
With the calming situation on the protest, people still need to eat. With a slowing economy, cheap eats surely on the way back up. Virus or no virus, the situation must improve! This is not investment advice and I currently have no position in this name. I may open a position as we see virus fears subside and people flow hitting the streets of HK.
Routes cut down till march.... Surely the people traffic will lag till after may when the weather warms up. This is a market pump with no fundamentals. Up and then most like back down... Love the volatility. Bouncing like a plane taking off in turbulence. Disclosure, this is not investment advice. I have a small open short position at the time of posting.
Positive mood before China market opens from Chinese new year on Monday. Only one way for Macau casinos. No foot traffic = no revenue! False market inflated by weak buyers. Coronavirus no end in sight, we have just begun.... #this is not mean to be stock advice and is my own independent analysis. I do have an open short position at the time of writing.
Once the virus is tamed expect China to inflate markets with financial stimulation. Going down before a huge bull bounce......
1000 day MA is the resistance zone. Earnings for Cathay will be smashed with protest issue and material drop of passenger/visitors travelling via Hong Kong. This stock will head back down as we head towards earnings season. This is not meant to be advice and is for education purposes only.
Expect to breakdown to the 1000MA. Cities on lockdown. Waiting for the sentiment jolt from the China market open (pushed back to next week from this friday). Visitor numbers are materially lower prior to shutdown of travellers. Can't see this recovering any time soon. #this is not investment advice.
Short to 79.50. Prediction based on 229MA intersection and double top on the daily. This is not deemed to be advice, this is my personal view and for the purpose of training.