Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 5.7/61.80%
1) Find a FIBO slingshot
2) Check FIBO 423.60% level
3) Hit the top = 57/423.60%
Chart time frame : D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the...
According to the Butterfly pattern, the Fibo perfectly converges the decline on the target of $ 5.5-$6. The timing is not clear when we will get there, but according to the schedule of the decline of #HSI1, we should reach it by October 2023, there will be an excellent point for going to long to new heights.
I don't usually post trade setups that include eliott waves, however this one is really captivating.
MOMO completed a 5 wave Impulse from its low before recently completing an ABC correction where the second wave completed at a perfect bearish bat, and then the wave hit its measured move below the key support level. The correction waves bottomed out at a key...
NASDAQ:MOMO has a long rest and time is gone to show power.
Goal is 21.
Does not constitute a recommendation.
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NASDAQ:MOMO rebounced and returned global side moving withing the mother channel.
To be aligned with the generic Chenese long moving? this one of the top companies should start catching up the colleagues.
Huge potential is hidden under the mask of the silent, but huge service company.
NASDAQ:MOMO ::9.15->16->25->39::+326%::Autumn 2024
Does not constitute a...
Fundamentals
Chinese markets have been underperforming recently, however, some stocks, like NASDAQ:MOMO , have been holding up. The Chinese officials have enacted an important easing measure this week to prop up the property market, and the Chinese markets have seen a reversal which might have (at least short-term) legs
NASDAQ:MOMO is an excellent...
NASDAQ:MOMO is at an area of value. Took a position when it broke out of that orange-ish thing. So far the position is moving in the right direction. We would like to see NASDAQ:MOMO break above this level and continue with the upward movement.
Looking at the MOMO Hello Group options chain ahead of earnings , i would buy the $5 strike price in the money Calls with
2023-1-20 expiration date for about
$0.98 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Hi everyone, Yurii Domaranskyi here.
Today I want to talk about MOMO, its fundamentals, and the overall technical picture!
Hello Group (listed on NASDAQ:MOMO) holds two dating apps Momo and Tantan. The company is often called the ‘Tinder of China’. Momo connects people and facilitates social interactions based on location. While Tantan is designed to help its...
oversold, and just above ATL --
just below daily VWMA
stop loss just below recent low ~ 8.10 should make this low risk trade and worth consideration IMO.
Trend is clearly down, and Chinese names always come with a unknown risk.
HELLO GROUP - DEATH CROSS
The stock is on a Descending Channel.
It is a good contrarian investment, as it does not have many loans. It is profitable and has strong growth.
The risk comes from being based in China.
p / e: 6.8
p / bv: 0.8
p / s: 0.8
This stock has been slashed over this year. It has lost an important support level and it's following the same trend as other companies such as Robinhood, Bumble, Victoria's Secret, Vimeo or Deliveroo + the Chinese Crisis. We expect someday a trend reversal, so for now we recommend to place price alerts. Key level, the weekly resistance line (at $12 per share - a...
After waiting weeks for this entry, i will be scaling into $MOMO between $9.50 and $9.90.
Price has returned to a weekly imbalance, we have seen lots of liquidity taken out, and we can see an instant reaction from the previous structure.
Stop loss will be at $8.60.
First take profit is $14
Second take profit is $16
Practice risk management my friends, and...
$MOMO has very strong fundamentals and building a firm base which is destined to a bounce. This is definitely a buy in this zone.
-revenue growth++
-income growth++
-outstanding P/E ratio
-good profit margin
One Swing Crossed SMA 50 and 200
SMA50 as support
WR buy signal
OBV>OBV34
Entry 15
Stop 14
Target 20
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
I created some tradingview scripts to improve my...
