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 FinancialEgg114
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 VictorWTChan3
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 Bullishcharts7
Price touched strong supportline WB Price touched weekly strong support line. Possibly buy. wait for breakout. I also watching this oneby UnknownUnicorn8099742
$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 $11-wide area in which profit can be attained, this trade makes a lot of sense, even considering the possible changes to and budding instability in the macro environment.by LaurenTrading4
WEIBO INTO THE WEEKEND? NO NEED TO RISK IT.TRADE IT WITH CARE ON THE LONG SIDE, THE CHART IS EXTREMELY BEARISH AND IT IS QUITE POSSIBLE A GOOD WEEKEND TRADE MEETING MAY NOT TURN THIS AROUND. NO NEED TO RISK THIS AS A LONG, PLENTY OF TIME TO GET INTO LONG, IT DOES PROVIDE A GREAT SHORT OPPORTUNITY IF SUPPORT BREAKS. by RedHotStocks5
China Tech boom$WB and $MOMO are some chinese internet / tech / media stocks. I think they will boom. So does williams trader. These two have really strong financials. Manage your own risk Much love gl hf xoxo snoopLongby 420snoopUpdated 8
Weibo nice reaction on support.Weibo is one of the most used social media platforms in China. Since more and more people in China are being connected to the internet (behind the great firewall) and thus only chinese social media are available for them, i expect this stock to get to new highs. After a downtrend that allmost took an entire year, Weibo has found support at the golden pocket. When we take our Fib extension tool we see that a very reasonable 1 to 1 extension takes us up towards the 180$ region. Before entering i want to see price moving up through the diagonal resistance, creating a higher high and finding support at the 3D 200 EMA. Longby MrMojito3
WB: Wave 2 retraced a tad over 61.8%. A higher high followed by A higher low. A potential iHnS as well with neckline yet to be developed. Wave 3 looks to be just starting. Longby Will_Wong114
bearish trend is weak o The cloud is thing and divergence is happening o Price broke the cloud and retesting o price action will indicate whether its a buy or to wait Buy signal is if a gap up happens and price opens at 63.10. its definite buy. Or bullish candle's volume exceeds the last 8 candles than its a buy o #the1% Longby ciisemoney1