MOMO
My MOMO prediction.Really depends if we holds this support. I used Fibonacci retracements for targets.
MOMO - buy you, fools!This is coming directly from Gandalf, honestly. How come a 2.5bil market cap company make about 3 bil a year in earnings? They are restructuring revenue streams and while the revenue has spiked enormously in the past years while earnings are kept about at the same rate, this should change in the future. It is heavily underpriced and perhaps the Chine delisting FUD or the general unlikeness of this stock has pushed prices to around 2016 level and ultimate low of around $10 a piece.
I do not see this going further down, there are massive divergences technically and would place an overweight position on this.
Socialist Oil Countries are going to starveThe price is dropping very rapidly, as I want it too. So I better make this quick.
Demand is up because of humans but also animals, production not great.
"A wet winter and dry spring in the UK is set to yield its smallest crop since 1981, Carr’s Flour said in its monthly market report."
I watch some agricultors on youtube, west europeans barely make money if they are not industrials, and 1 guy had a poor harvest that caused him to be in the red for the year.
The European Commission came up with a decline of surplus exports of 5.7% for the EU + UA + RU.
Argentina had low yields because of poor rainfall.
The USA also had a bad harvest, and their stocks are almost empty last I checked.
Socialist Oil country must be panicking, maybe they make some orders before the price gets even higher, for example Algeria is emptying its forex reserves that have been on a decline for 20 years already, the Oil prices are really finishing them off. Only a few years to "this was not real socialism".
Could go higher and then even higher. Could be a monster. If I get filed. Got maybe a bit greedy with the far away entry and tight stop I can't help it.
The price is bouncing but maybe the next candle fills me doing something like this here:
Let's profit off starving socialists! There is no better feeling.
The one being ignoredIn a time where most stocks have prices that are very very high compared to earnings this stock is interesting.
With the exception of this quarter the total revenue month to month has been amazing on this stock. They also are using very little debt which is ideal going into economic uncertainty. When things start to turn around they have the ability to leverage and pass the remaining competitors that do not go bankrupt in the mean time.
MOMO - TECH. PRICE ACTION ANALYSIS - POSS. BUY ZONE IDENTIFIEDSpent some time tonight looking at this one. She looks like a beauty with PLENTY of potential upside, (Should it hold current daily levels around 17.
1) I have marked what i feel are import price levels
2) catching the shift in momentum back upward here can net many potential gains
3) stop loss on this trade is pretty tight, so the risk to reward ratio is heavily on the positive side. (if stop loss is placed correctly)
Good luck and happy trading!
SQ Short Opportunity NYSE:SQ
SQ was trading above a regression channel that has been in place since the beginning of April. If it can break these next key support level, which happens to be Square’s previous all time high, then I see it going down to 92. This is a special support as it marks the bottom of the regression channel, a previous strong resistance level, and a potential gap fill.
Confusing Head&Shoulders pattern for MOMO and 50% gain potentialIn current context it is very hard to make prediction and especially in Chinese stocks. MOMO has recently completed H&S pattern which is usually regarded as bearish chart pattern. Stock is very volatile last 3 weeks and it drops to its strong support at around 22-23. Situation with COVID-19 fuels uncertainty and fear into global markets sentiment and can push MOMO even lower at this setup. MOMO has very good and stable growth and people in China like using dating and video services provided by company. I would even think current context may increase usage of those services. COVID-19 seems to be currently more-less stabilised in China, not in the rest of the world however.
Most important day for MOMO is 19.march 2020 when Q4 and full year earnings will be announced. EPS Q4 forecast is 0.64$ which is roughly 40% higher in comparison to Q4 2019 EPS. I believe in strong results which may be able to yield 50% gain in price from 22$ to 33$ in few months.
Mo Momo, yoInterested in buying under $33 and taking partial profit at $57, or long term options.
Amid China's current nCov 2019 epidemic, it seems that the internet/social media based companies are handling things well.
There is a lot of open interest for puts 30-35 on options a few months out. Considering their top holder with 14 million shares is Black Rock and MOMO is backed by Alibaba, I am near certain the puts are merely hedges for their positions should MOMO not be able to reclaim price above $40.
Here is a copy paste from Yahoo Finance:
"Momo Inc. operates a mobile-based social and entertainment platform in the People's Republic of China. The company operates Momo platform that includes its Momo mobile application and various related features, functionalities, tools, and services to users, customers, and platform partners. It offers Momo mobile application that enables users to establish and expand their social relationships based on locations; interests; and recreational activities, including live talent shows, short videos, social games, and other video- and audio-based interactive experiences. The company also operates Tantan, a social and dating app to help its users to find and establish romantic connections, as well as to meet interesting people primarily for young mobile Internet users. The company was formerly known as Momo Technology Company Limited and changed its name to Momo Inc. in July 2014. Momo Inc. was founded in 2011 and is headquartered in Beijing, the People's Republic of China."
Social media is the future.
And this has to be one of my most favorite bullish trading patterns:
your mum uses these productsok anyone with half a brain can see this bad boy is in a strong uptrend. red hollow momo hammer bouncing at the bottom of the channel.
i circled a very strong pattern looks like it needed to close above 149 to confirm it (which it did) very strongly
they also are working on a corona virus vax. so lots of plays in store for this bad boy
if it breaks ath it can see a serious run here. short term target 153.20 long term 170
GBP/JPY 4hr Technical AnalysisGBP/JPY pair 4hr timeframe Technical Chart Analysis
risk reward ratio 6:1 entry at vwap crossover vfi_lb at 4hr confimation
Expected bullish economic calendar release for tomorrow CPI's, PPI's, RPI's etc.
Strong momo scanner EA for GBP/Pound 5 min into 15 min weak 1 hr into daily timeframe
And weak for JPY/Yen 5 min into daily
$SBES CEO Presents more Clues to Possible $10Bil MergerThe CEO of $SBES posted more tweets and clues as to the possible merger between $SBES and RockySaaS with S placements in various tweets and places.
The official website was also down for maintenance this weekend and updates with 3 new photos of three different cities, one of which is of Montreal Canada.
The quotes also left on the Panshi Group's Twitter page seems to allude to the merger as well.
There are breadcrumbs sprinkled everywhere across the platforms, shareholders are very excited for what is coming.
High RR - High Momo7/Jan/2020 07:02 PM AUTHOR: Brandon Gum
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2 targets different with 2 different stop losses.
I think retest and brief failure at 0.618 retrace is possible. Ultimately could test highs again.
Careful of choppy sideways action if momo is not immediate.
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MOMO 11/15 Calls are primed with China/US Deal on the table.MOMO has both volatility and volume to make a decent move tomorrow and maybe the remainder of the week with next level of strong resistance at the 38.50 level. Nov. 15 calls with 38.50 strikes are trading at 700-1500% normal levels and the premiums are still relatively cheap. This makes for a decent day or swing trade as long as the China & US deal continues on the current track. Of course, like anything related to China as of late, all it takes is a whiff of bad news to send this trade spiraling into the neverland.
I predict that as long as China & US continue with positive news tomorrow and the remainder of this week, we will see good returns on the 11/15 expiry calls. Watch your risk and don't be afraid to bail out if the price suddenly dives. It won't recover!
long MOMO MOMO have a lot of cash and make money very well and fast, so i expect rise of this stocks to high level and make 56% for 4 month. I know about China risk, we pay for cash and now momo cash cost so low.
Watch me end my losing spree liveI think I won't reach 13 losses in a row. Idk maybe something special happens when I get to 13.
I'm "only" at 11.
The gravity pattern I invented is too good. It won't fail me.
Or maybe since I share it people that laugh at me will start taking it seriously and then it will stop working.
Or maybe it doesn't really work at all I just got lucky a few times.
You only get rich if you make money while you sleep, I got filled while I was sleeping.
(More like lose money while you sleep rip).
Let's do this, I'll try staying in as long as possible.
MOMO - LONG to 60.00+MOMO Long
Details are on the chart. I will update this one as well.
Good trading to all!
Waz-
