In a time where most stocks have prices that are very very high compared to earnings this stock is interesting.
With the exception of this quarter the total revenue month to month has been amazing on this stock. They also are using very little debt which is ideal going into economic uncertainty. When things start to turn around they have the ability to...
Generation Z lives in a internet connected world the time they were born. They are heavy users of social media, apps and live streaming, a business that many tech/gaming companies are after.
Momo with a Tantan app is like Tinder in the US except this caters for the Chinese market.
We can see from chart, it has broke out of the bearish trend line with a nice...
Spent some time tonight looking at this one. She looks like a beauty with PLENTY of potential upside, (Should it hold current daily levels around 17.
1) I have marked what i feel are import price levels
2) catching the shift in momentum back upward here can net many potential gains
3) stop loss on this trade is pretty tight, so the risk to reward ratio is heavily...
Momo Inc (MOMO - US) is bigger WXY pattern in down cycle & completed X wave. The price fall in A-5 wave & completed B wave up as corrective. Sell with stops above 24.08 for C wave as target.
In current context it is very hard to make prediction and especially in Chinese stocks. MOMO has recently completed H&S pattern which is usually regarded as bearish chart pattern. Stock is very volatile last 3 weeks and it drops to its strong support at around 22-23. Situation with COVID-19 fuels uncertainty and fear into global markets sentiment and can push MOMO...
Interested in buying under $33 and taking partial profit at $57, or long term options.
Amid China's current nCov 2019 epidemic, it seems that the internet/social media based companies are handling things well.
There is a lot of open interest for puts 30-35 on options a few months out. Considering their top holder with 14 million shares is Black Rock and MOMO is...
