zhengster

zhengster

What is best price to buy VGT for long term holder? Assuming the worst case is twice as bad as the previous correction.

zhengster Updated 

Techincals: RSI indicates FB overbought Fundamentals: 3 days ago Trump Xi met and decided to cease fire on the 25% tariff for 90 days till March. This good news has basically nothing to do with FB because FB is not taxable. Moreover, recently FB tends not follow the SP500. Pattern: its just a simple downward pattern. I would risk $100-$200 and buy a short option...

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Look at the volume at earnings day on 24 August 2018. 11 million(average daily volume is 2million) at median price $119, low was $115 which is current price... Zoom into 30 minutes chart during the earnings day and you will see the low $115 happened for only the first 30 minutes... and the 6 hours were at $119 plus for that day. This means it was severely skewed...

zhengster

General trend analysis: Facebook is reaching two supports at 160 and 150. The resistance is at $180 with stronger support at $150. Rick management: Current price is $160. Win = $20, lose = $10 golden 2:1 risk ratio. Technical analysis: MACD(moving average convergence divergence) and RSI both confirm that this is a good time to buy. Logical reason: Facebook is...

zhengster

Elon is like the Kardashians of the car and tech industry, althought he has smaller ass, he has a bunch of welfare cash from the government tucked between his ass cheeks. It makes no sense that after Elon's "tweet" shit show the price dropped(current price) 3x lower than the gain from the hype(peek after Elon's tweet about private acquisition at $400ish). Last...

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Now I will long BABA because it looks like an upward trend. Stochastic rsi is at the oversold area and this confirms the right time to buy. There is a slight resistance at 180 like what happened on 12/1 this is why I have two positions. I will buy now and sell at 179.50. At 180 there might be slight correction and bring it back to 175. At that time I will buy...

zhengster Updated 

It is a decent trade with win side of 3 and lose side of 2.

zhengster

Flag pole shape detected. Picture has actions outlined.

zhengster

Possible reversal in 5 to 10 days. Setup for reversal if breakout of $100ish, the slope. We will buy any of the two patterns shown above. Please ignore if downtrend continues.

zhengster

SBUX has been dropping recently. But the stock seemed way oversold and people are tired of selling. I predict that the stock will rise couple(3% - 4%) percent BEFORE earnings. I am not sure about what happen right during/after earnings release. As you can see the MACD blue line starts to bend upward, in my opinion the price will rise a bit(but not home run) when...

zhengster

1. Downward trend has ended. SRPT seems to be building a upward trend. 2. Stochastic RSI was at oversold area few days ago and it is crossing up to purple zone. It confirms the demand. 3. CCI is showing similar behavior, few days ago was oversold and confirms demand. 4. SRPT just hit support at $28-$30 and it is channeling up if you look at the lines I drew. 5....

zhengster

First of all there is a strong support level at $5, please look at the light blue lines. If this support fails the next heavy support is at $4.5 because the pattern at this second support for these few months from 11/2016 to now is EXTREMELY similar to that of 5/2013 to 1/2014.(see the upward channel then two bumps downward then a major upward trend, yes lets...

zhengster

The a and b wave pattern happens every quarter with a stronger downward impulse to reach point a then the correction is almost retraces the downward impulse in the middle of a and b. Downward impulse toward a is happening. Let us wait and buy at the bottom on around March 8 an sell after the correction!

zhengster

The price is still in correction stage after post income and people are undecided. However, dividend is increased by $0.05 compared to last year and it is almost dividend date. This should push the undecided people to buy. Also I notice recently energy and natural gas company price dropped but this does not and I think this is the lowest for these few months. I...

zhengster

Similar upward pattern found in past. Health care is booming for last couple weeks, which confirms this is indeed a industry trend. BMY should reach at least up to $57 in 10 days but not sure what will happen after. Moving Average Convergence Divergence looks pretty solid. Buy now $55 and sell at $57 make $2 per share in 10 days.

zhengster

Similar upward pattern found in past. Health care is booming for last couple weeks, which confirms this is indeed a industry trend. BMY should reach at least up to $57 in 10 days but not sure what will happen after. Moving Average Convergence Divergence looks pretty solid. Buy now $55 and sell at $57 make $2 per share in 10 days.

zhengster

In the previous two quarters LC stock price surged up after earnings announcement. People were surprise...? Now, hoping to meet a similar trend, people already purchase LC stocks before release of earning. Many people are ready to sell. Even if income is better than expected stock will not go too high, otherwise it will have a bigger drop.

zhengster

ex-dividend date will lead to a change of direction but you may profit from the following corrections.