Will 2021 Break the curse or get even worse?
WB Daily/hrly 30.05 PRo: 1. Lower Daily Demand 2.3 exciting candled in location DAily candle 3.clear location zone candles 4. Origin of daily up move con: 1.only once exciting legout in hrly chart 2. chart is contonuously in a downtrend from high
Possible head and shoulders forming in WB. I was expecting WB to rise with the large tech stocks but with the weak performance of most tech stocks other than AAPL recently I am afraid they will resume their downward pattern. They had a strong upward pattern since May but a Head and Shoulders is a bearish reversal pattern. I'm not sure where to put the neckline...
Maybe setting up for a bounce, if above downsloping trendline it could go higher also closing in to a support level of the horizontal line
is not finished. Look for a slight spike and a drop for a double bottom.
nice setup here long. watching for some upward movement. maybe some september calls. china is a communist regime with slavery, but price is going up so i must be long $FXI
Contextual immersion trading strategy idea. Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China. The share price fell after bad earnings. It looks like it will continue falling. The demand for shares of the company still looks lower than the...
Another bearish wedge, something's cooking in chinese tech stocks. Can't believe we could finally see Weibo hitting $20. Massive support and buying interest there. $WB fundamentals have been pretty solid — will buy as much as I can carry.
In 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...
earnings this week lets see what will happen neutral for now until earnings