Growthstocks
Bought ROKU Call Spread Jan 2020 55 C - Jan 2020 60C for $2.30/cEntered this Long Term Trade for $2.30/contract, since it completed a Long Term Breakout on a great percentage gain of more than 5%.
I will hold onto this trade until it is either close to max profit of $2.70/contract, which would yield 117% in about 15 months, or until the debit spread is cut in half.
First level of resistance is about $67 and after that $75.
Happy Trading
Lindosskier
BLRX - Breakout proneBLRX chart is looking pretty prone for a breakout.
BLRX has been undergoing consolidation and it appears to be ready to go higher
Technical Analysis:
BB and Keltner Channel Squeeze
Price and Volume Trend during consolidation
Positive Volume Index
Regression Slope
Rate of Change
Money Flow
Small Wave Count
Overall Chart (Weekly)
Overall Chart (Monthly)
Overall Chart (6hr/3hr)
See related idea for fundamental analysis
Carvana is not done going upShort term i see this stock consolidate a bit, we are way oversold. But this stock is not done going up, carvana is a real business disruptor.
Conservative price target for this stock is 50 dollar per share.
In best case scenario, you could see this stock soar to 3 digits.
THE FUNDAMENTAL LONG PICTURE FOR ALIBABA (BABA)China’s economy is growing at a 6-7% annual rate and is on track to pass the United States as the largest economy in the world within the next decade or two. China’s middle class is made up of 1.3 billion individuals and those individuals are beginning to shop online a lot! In this scenario it only makes sense to own stock in the most dominant Chinese e-commerce company, Alibaba.
You have probably heard of Alibaba referred to as the Amazon (AMZN) of China. The similarities between Alibaba and Amazon don’t stop at online retail. Alibaba, like Amazon, also has a dominant and rapidly growing cloud computing business. In Q4, 2017 its cloud business grew by 104% YoY.
Aside from its already impressive e-commerce and cloud computing businesses, Alibaba also owns a portion of a rapidly growing fintech company called Ant Financial. We think Alibaba is well positioned for the next decade! The e-commerce, cloud computing, and the mobile payment industries should continue to see plenty of growth!
Alibaba’s stock is currently trading at forward-PE of 26. Analysts have forecasted a 5-year EPS growth rate of 29%, assigning Alibaba a PEG of 0.9.
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ASNA exit of growth columnASNA is begging to exit the growth column (Not sure if thats what its called). the stock might still have an uptrend and people could make money, but it is reaching its turning point and could start decreasing so be careful. tell me what you think and have a nice weekend!