CMCM is on fire with a 90% gain since the earnings report which was not verified by any outside forensic accounting auditors . The Ciniese economy may be recovering with it Cheetah. The price-volume trend is impressive in the past month as a combination of the price moving up responding to spikes of buying volume and positive volatility. I will enter this as...
Mcap 45,000 Cr Road to Profitability : Never Dont get fooled by the Q3 profit numbers in the light of crashing share prices by the few of these charlatans. Already down 50% from teh listing date. DoorDash, teh US listed entity in food delivery is down 80% from $250 to $60. Order food here till they close down but stay away from the scam.
Great Run for the retailer of the world. The trensdline support at $85 is crucial. most likley it will stay within the guard rails of the 25 years. Though the momentum indicators are very weak. Might be it will just laze around the current levels.
JSE:STXCHN has my attention. Chinese internet stocks look positive at the moment. Currently at an attractive risk/reward area.
KraneShares Trust CSI China Internet ETF ( AMEX:KWEB ) Sector: Miscellaneous (Investment Trusts/Mutual Funds) Market Capitalization: $-- Current Price: $37.80-$39.60 Breakout price: $32.70 Buy Zone (Top/Bottom Range): $31.60-$26.35 Price Target: $37.80-$39.60 Estimated Duration to Target: 50-53d Contract of Interest: $KWEB 8/19/22 35c Trade price as of publish...
NASDAQ:JD JD looks like it can break out of this pattern very soon, curling nicely.
Contextual immersion trading strategy idea. Sohu.com Limited provides online media, search, and game services on personal computers (PCs) and mobile devices 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 supply. So I opened a...
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...
Contextual immersion trading strategy idea. SINA Corporation operates as an online media company in the People's Republic of China and internationally. 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 supply. So I opened a short position from $30,03; stop-loss —...
The FDN (First Trust Dow Jones Internet Index Fund) which essentially covers the U.S. Internet Stocks, is now comfortably trading above the MA50 on the 1D chart on strong bullish candle action (RSI = 69.026, MACD = 2.230, Highs/Lows = 3.3271). Through this price action a strong buy signal has emerged and has to do with the similarities of the mid 2018 - 2019 price...