Get started

IPO

Cyberark - Are You Ready For A Break Out??You are looking at a DAILY chart of CYBR. Although I like to use weekly charts in my posted ideas, CYBR recently ipo'd and therefor the daily chart will work just fine for this idea. Please remember that daily charts will give us buy & sell signals that may not last as long as the signals on weekly charts. So keep your eyes on your money... Cyber Security. That is like music to my ears. There isn't a day that goes by that I don't wonder what the next major computer hack will be. Today I again heard about the guy who claimed to hack into airline computers and control a plane. Let's hope he is not on my flight this week! It doesn't matter whether we believe any of these hacking reports or not. What matters is these events are being reported on in the media. The reality is that large companies have confirmed they have been hacked. From retailers, to banks, to tech companies. This is a whole new industry. If you look at the left side of the chart you will see that CYBR did not pop immediately upon its Initial Public Offering (IPO). It actually languished for a couple weeks before zooming up to about $70. Problem is, it immediately started falling back to reality - the $48 to $50 range. From there, it took a much more leisurely climb to the $69 level. On the way up, it paused around the $60 level. Yesterday, after a controlled pull back, CYBR was back down to the $60 level (again). If you take a look at DT 1, you will notice that the price of CYBR stayed below DT 1 with exception of 3 days and today. I like the chances of CYBR going higher if it stays above DT 1. Take a look at DT 2. This downtrend line give us an upper boundary for the CYBR price action. One more thing. Notice that back in April 2015 the $60 level was resistance. Now, in May 2015, the $60 level is acting as support. If you ask me what I am looking for it is "Follow Through". CYBR needs to continue higher. It needs to close above DT 2. And stay there. But that is only if CYBR is going to go higher. If CYBR is going to go lower it has to close below the $60ish level. And stay there. If CYBR want to prove itself. It should be able to stay above the $61.60 ish level from here on out. Any spike up and fall back to the $60ish level would lead me to believe the stock may go sideways for a little bit. When CYBR gets above today's high, that will be a signal to get long or add to your current position. If all of this happens, $68 to $70 could be the next area it has trouble. If CYBR is just sucking people in to go lower, it should drop below DT 1 fairly quickly. Then it will drop below the "resistance becomes support" horizontal line. If you don't believe in CYBR going higher then try your short at the $61.60 ish level. Use a comfortable stop to control your potential losses. Once below the $61.50 level, it should continue lower. If I am right in what I stated above, you may not have to wait long to see some descent gains from your short. I would look at the "2.5 month uptrend line" as a place where CYBR may catch a bounce. Don't forget to look at the 8, 21, 50, 100, & 150 day exponential moving averages (ema). These moving averages are all lined up exactly the way they should be. The only exception is the 8 & 21 ema. The 8 ema is currently below the 21 ema but if CYBR can hold this price level or go higher, the 8 ema should quickly get back above the 21.
NASDAQ:CYBR
by TheTrendLineInvestor
FIRST ALIBABA CHARTS, WE WERE THERE THAT DAYAlibaba didn't disappoint the investors and gained about 38% in his first day. It is the greatest ipo in the history and all the news about it seem positive at the moment. Now it's difficult to predict the trend evolution but we can try to imagine a possible price range in which buy to go long for the short term. In my opinion this stock could touch his maximum excursion points, from about 70-75$ to 100$, giving an opportunity to gain about 30%. Good luck for your trading
NYSE:BABALong
by cantestogo
Why Yahoo! Inc. (YHOO) Is Killing The Alibaba IPORecently, I have been approached by a number of friends interested in investing. Most of these friends have never paid attention to the markets, or even invested or traded stocks on their own. Yet, most of these people are interested in one stock in particular. You have probably even heard the recent hype yourself... you guessed right, its the Alibaba's IPO. Many traders and investors are aware that there is one way of participating in the Alibaba IPO, and its through Yahoo! Inc. (YHOO). However, the fact that many people are aware of this makes the trade even scarier. As experienced traders know, whenever the general public is drawn into an IPO of this magnitude, smart money will stay away from it. Instead, smart money will trade the reaction. Allow me to elaborate on this trade... Last year Yahoo! Inc. (YHOO) put in a low of $18.89, earlier this year it hit a high of $41.72. Looking back further in time to 2011, Yahoo! Inc. (YHOO) was trading as low as $11.09. That's when the smart money got in ahead of everyone else, and off course, before our neighbors, friends or even the different media outlets even mentioned Alibaba's IPO. Let's take a look at Yahoo! Inc. (YHOO) performance this year. The chart below shows us that Yahoo had a small rise for the first few days of the trading year. Since then, the stock has done nothing but drift lower. It has now put in place lower highs and lower lows, which is a bearish signal for the equity going forward. Why do you think this price action has been occurring? Isn't Alibaba's IPO supposed to be one of the greatest, biggest and most promising IPO's to hit the market in a while? Well, while media and Wall Street hype suggest that Yahoo's stock should continue to sky rocket as they will receive billions once Alibaba IPO finalizes. As technical traders, we know that this will not be the case simply by looking at Yahoo's price action shown on the charts. This IPO is already failing, we do not need to see financial documents from Alibaba nor Yahoo. Remember that the charts always give us a sneak peek into the future, and the future does not look bright for Alibaba, nor Yahoo! Yahoo! Inc. (YHOO) is downtrending as it is now trading below the 20, 50 and 200 day moving averages. This tells us that the easy money has already been made. Yahoo's, price action is weak and the stock has a very good chance over the next few months to trade as low as $22.75 per share. This is not a good sign for Alibaba's IPO. Smart investors must avoid the hype surrounding these two companies. However, this does not mean that there won't be buying opportunities for Yahoo. There will be many bounces along the way and as savvy and well informed technical traders, we will trade this or any other equity both on the long and short side. But the longer term outlook for Yahoo! Inc. (YHOO) as well as Alibaba is negative, and again, you must not get drawn into the hype surrounding this and other IPO's. Learn how to profit from the Yahoo trade, or any other equity by utilizing a methodology proven to be effective over the past decade. Join the pro traders of The Elite Round Table and we will give you precise entry and exit points to profit in any kind of market. Don't follow the herd, trade with the pros and profit for life. Kiliam Lopez Elite Round Table, Pro Trader bit.ly @ProTraderKiliam
Y
by KiliamL