stocksbayarea

stocksbayarea

NIO seems a great buy and hold for a few weeks from this spot. Let your money do the Work. GO LONG !!! SL: 5.25

stocksbayarea Updated 

The 6.90-7.00 support has been going really strong. Personally I wont worry if it falls down a little further as i dnt see it going below 6.80$. Worst case to 6.20$. Key points I am looking since a couple of days- 1) creating a nice cup 2) The cup creation is after breaking (getting out of the downtrend) 3) no loss of volume 4) decent rsi for upward trend 5)...

stocksbayarea

Apple weekly shows enough sign of a bounce back after the dip. More than a month now since it has rallied, it is trying to break its resistance point since so many days. Any news of Apple(which they usually do a lot) should make this pop !! SL- 170$ Target - 190$

stocksbayarea

Shorting and waiting for a good entry point. 50 and 200 day EMA crossover in the opposite direction is bearish in my opinion. Stay safe. Protect your assets

stocksbayarea

JD has been following the uptrend channel like a Boss !!! Weekly clearly shows how it is going to maintain the channel and ride to 40$ Also the 50 and 200 day EMA crossover is going to happen soon which is highly bullinsh. Wait back for some pullback, buy more and ride the uptrend. I would keep a conservative next target of 32$ Some key highlights of JD...

stocksbayarea

ACB shows to be at a nice consolidation range and going steadily up !!! 8.34$ and up soon

stocksbayarea Updated 

I guess it should retrace back a little to 25$ range and then carry on the upward path to 29$. This is surprisingly moving fast so I would see a nice 20% growth soon. 4hr and Daily chart suggests the crossover of 50 and 200 EMA. Also a nice bounce from Ichimoku on the 4hour suggesting a nice support and faith in the stock. JD is a big company and US China deals...

stocksbayarea Updated 

Trade deal with china is good. JD earnings coming up in a couple of days too!! Reasons i am going long:- 1) Nice uptrend channel on the daily and 4 hrs and weekly. Really Bullish. As long as it is in that channel, I wont have any problems 2) Its at 25.95 which means it broke the current important resistance. I consider it important as the last time it broke the...