$SHOP -73% DISCOUNT (52-WK) -83% (ATH)!Shopify is good stock if you are thinking about adding an E-Commerce stock to your watchlist/portfolio.I think its really Shopify vs Amazon in they both just performed a stock split. It is currently showing a possible sign of basing, but I think it has a way to go down! The original Heavy buying positions from IPO '15 is the $13.10 area! The next set of buyers from Dec. '19 to Aug. '22 are @$35 area! Which is good entry to swing to the $176 ATH, but the $13 entry area is a SNIPER! anything in between those two are good entries for long-term.
Ecommerce
Alibaba Long term AnalysisWe can see a pretty hurt #BABA stock due to all fear in the markets with China and the war, for long-term traders, this could represent a good opportunity. I try to make the chart as clear as possible, remember that this is for long-term trades, right now there´s a lot of volatility in the markets. With that scope in mind and because of volatility, the SL is extended to -34%, so manage your entry position size well. In their fundamentals, BABA is undervalued.
Remembering that resistance areas become support areas when the chart moves positive, I recommend moving your SL with these new support levels and managing your exits as comfortably as you need them to be.
CHINA BIG DIP analysis + TENCENT (e-commerce, fintech, gaming)Hello Traders, Investors and Speculants :),
You probably heard about Tencent holdings investment group.: These days you can hear some Fundamental analysis about Naspers / Prosus tranfer (spin-off) from South Africa exchange to Amsterdam.
Many super-investors (value investors) like Guy Spier / Mohnish Pabrai are most likely increasing their position in Tencent directly or via Prosus shares.
++ others are buying CHina stocks // Charlie Munger = BABA, Ray Dalio increasing positions, Nitin Saigal fully invested in China ...).
So Why would you need another analysis if they are alredy buying?
This thread will be purely my opinion about oportunity for Buying into Tencent and many China located gigants + why I think, we are near the temporary bottom of correction = of Wave A !!
If you look at biggest China companies, almost all of them reached All-Time-High from November 2020 till February 2020 = Potential TOP of China growth-tech bubble.
(this time it could be e-commerce, finTech, Gaming companies + Crypto of course...)
Lets take a look at few of them, this thread will continue in comments so stay tuned.
TENCENT as one of biggest Chinese companies (acting more like ETF based on around 700 holdings).
AliBABA
KWEB - China internet ETF
MEITUAN (Btw biggest Tencent position)
SEA Limited:
NIO:
Whats interesting even some Non-China Fintech companies reached their ATH around this time like StoneCo (Brazil).:
SOuth America - Mercado Libre - MELI:
While in the US, Covid related restrictions and fear of investors was probably slightly delayed by several Months:
is still near thSPX, AMZN, and other FAANG ggants are still near ATHs, some of the FinTech and e-commerce companies start to fall.
PAYPAL:
SQuare:
Conclusion + Investment Thesis:
1) Be very carefull with catching the falling knife. Wait for pure Buy signals and signals of reversal at least at 3D/1W charts. Also consider buying only with very good RRRatio + clear setup.
2) China could be very good oportunity for short term BUY-LONG setups when you will be able to count all subwaves of Wave A but still be very carefull. (Around 1-3 months from now).
3) US and western - world conutries will probably continue to fall in dozens of % DOWN. (US is delayed, it could take around 3-6 months to reach bottom and point of maximum fear of retail and small VC investors.)
Patience folks, patience.
Cloudtnine 21’ The most costly birthday in your whole life he’s going to be your 21st birthday because it is the time when you are just coming out of childhood into adulthood and so you haven’t really understood maturity yet so you go all out and get hammered and spend a lot of money and working in food services I know it’s good to upsell alcohol because when people are drinking it induces careless spending and so you can actually get a better tip when you are drunk so 21
21’ by Cloudtnine is about celebrating your 21st birthday it’s about an experience for everyone who has and will experience there 21st birthday and it’s the most commercially marketable birthday for a song and if we can get it in the on the radio in establishments get it in on TV get it in commercials get it in movies and do tours we could accumulate a lot more money than we would expect that would positively affect our economy
$BABA - Weekly TF analysisAli Baba holdings looks to be at historic levels...it has completed a 5 wave move from 2015 to 2020 and has now retraced 61.8% of that move in a 5 wave impulsive move down.
This is a great place to add some Chinese e-commerce exposure for the long term with weekly RSI having been oversold in sept and now forming a higher high as price formed a lower low.
With a a low to trade against, the R:R here is fantastic, with downside risk at 108.70 and upside targets is 175 and 240.
#WISH is not a matter of IF, is a matter of WHEN!⏲ Get ready..🚀Hi All, my main 3 take-outs from this analysis are the following:
1- I do not agree with those who say that Wish has no upcoming support and that it is in free fall! Not at all! The support is a static one, it is very visible in the daily chart, and it is shown in red. The lower trendline of the descending wedge is actually acting as support and the price is definitely feeling that floor
2- Despite the lower lows of prices, RSI is showing flat and even higher lows, which is a sign of loss of strenght by the sellers and possible reversal soon. So, to me is not a matter of IF, it is just a matter of WHEN!
3- The price might try to breakout upward the wedge ideally by the end of January, as the 2/3 of the wedge comes exactly in that area. In any case the price should be out of it by April the latest, as the apex is in that time area.
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
AMZN Consolidation ZonesAs they say... the more extensive the consolidation zone, the bigger the breakout/leg-up tends to be.
After staying in a very tight range for almost a year and a half, I believe AMZN is about ready to breakout after Q4 earnings are released following the holiday season.
Just my personal opinion, not investment advice.
#WISH close to a bullish reversal? Here it is why... is why...Hi All, my main 3 take-outs from this analysis are the following:
1- Price is still moving inside the red falling wedge, finding static support in the lower red trendline
2- Strong divergence between MACD and prices, suggesting that the strenght of the sellers might have come to an end
3- In the next intraday sessions, it might be possible to see a further run up towards the 3.95-4$
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
$PINS less stress and more pinterest *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
This week my team has been investigating popular online product and idea discovery platform Pinterest $PINS. The company derives the majority of its revenue from selling digital ads. Last weeks 2nd quarter earnings reported an earnings beat of $0.36 per share on revenue of $632.9 million. The companies earnings weren't the greatest, but after downtrading for so long $PINS finally appears ready to soar once again.
After correcting from an all-time high of $89.9 $PINS currently trades at just $45.8. Incredibly cheap shares!
My team entered $PINS this afternoon at $45.5 per share and we plan to take our first profit at $53.
This company is a no-brainer hold at these levels.
OUR ENTRY: $45.8
TAKE PROFIT 1: $53
TAKE PROFIT 2: $64
If you want to see more, please like and follow us @SimplyShowMeTheMoney
#WISH Still moving inside the falling wedge. I am LONG!Hi All, my main 3 take-outs from this analysis are the following:
1- RSI and MACD showing bullish divergence in the daily chart
2- Price action is moving inside a falling wedge and I would expect a rebounce from these price levels today or tomorrow the latest, in order to see a recovering and a possible breakout of the falling wedge at around mid-January
3- Shrt term target is 9.40$ to close the daily gap, while my medium long term target is 15$
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
#BABA Possible another 10% drp to re-test historical trendlineHi All, my main 3 take-outs from this analysis are the following:
1- RSI in the weekly chart is in oversold territory with divergence vs prices
2- Price might re-test the historical trendline at around 100$, which is a 10-13% additional drop from current levels
3- Possible support at 100$ is also a psichological support level (rund number)
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
WISH - Possible a rebounce today. 1H chart RSI oversoldHi All, my main 3 take-outs from this analysis are the following:
1- The hourly chart shows RSI in oversold territory with high chances of a rebounce
2- Price might be retesting the resistence at arund 4.60$ in the next days
3- Still valid the possibility of an upward breakout of the descending wedge shown in the daily chart
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
WISH - Moving in a descending wedge, possibly breaking up soon..Hi Guys, WISH is moving inside a falling wedge in the daily chart. Two third of this wedge is approximately end of January (blue box) where the price might realistically break the red trendline of resistence and reach the 6$.
If this will happen, next price targets will be the 9$ gap filling and mostly the 15$ level, which represent the target given by the height of the same descending wedge.
In addition to this, MACD on the daily chart is showing a huge bullish divergence which makes pretty realistic an inversion in the upcoming weeks.
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Target Ponzied - Made in China - Profits Over People - StonksLarge cap stonks & their overseas profits. Doens't comply with Biden's "Buy American Act" so well, no????? lol. The business model of being middle man is over. Large cap #stonks & #cryptocrash to #valueinvesting
#cannabisreform
#federalization
#statesreformact
in CONGRESS!!!
#cryptocrash to US CANNABIS MSOs. $KERN #thegem CANNABIS COMPLIANCE DATA SOFTWARE
AVOID THE FOME!!!
GL
WISH ContextLogic might have found a bottom.Hi All, my main 3 take-outs from this analysis are the following:
1- On June 8th 21 price broke the descending wedge resistence (daily chart) with huge volumes. Target for that move is 19.5$. Let's not forget about this
2- Price between 21 and 50 MA, going to probably test the 6.3$ static resistence
3- Bullish divergence between prices and RSI in the weekly chart
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NYKAA - Bumper ListingNykaa, the High Growth listed at whopping Gain of approx 86% yesterday.
Managed to close in green as well and upside momentum may continue for a few trading as well.
Those who played for listing gain and got lucky at the allotment, may book some profit or trail some with a stop loss below 2000 levels.
Currently, it is difficult to take fresh positions in the stock after a big listing gain, let the stock stabilize, keep it on the tracklist, any correction if seen in the stock, can be a good opportunity to invest in this high growth company.
WISH upside potentialWISH is now a shadow of the company that was rumored that Amazon offered $10 billion all-cash to buy it and Wish's CEO didn`t agree!
Now its value is 3.454Bil and two weeks ago it was even lower.
But the holidays are coming and all ecommerce platforms will benefit from that.
Except for Oppenheimer, who downgraded WISH to Underperform setting a price target of $4.00, the others are more optimistic: Citigroup gives a neutral rating with a price target of 7.5usd, while Credit Suisse Group targets 19usd per share.
My target is the 9.4 resistance by the end of the year.
i`m looking forward to read your opinion about it.