SINA BUY (SINA CORPORATION)Hi there. Price is forming a reversal pattern at the bottom of the continuation pattern to change its direction. Watch strong price action for buy.
SINA
SINA Trading RangeSINA is stuck in a trading range of 10–15 points despite strong buyback activity that supports the stock at the lows of the range. SINA buybacks are struggling to maintain the price level.
SINA Long PlayI'm putting on a long play with SINA looks like a good oppurtunity.
1% of capital allocated to this my stop is 41.41 my limit is $46 for take profit.
Entry price was 42.77.
Max loss will be $1.36 max gain will be $3.23
Holding time will be 2 weeks.
BABA rolloverBearish on $BABA:
I believe the recent equity rally is long in the tooth and were bound to see a selloff, possibly to new lows on the S&P.
If you're bearish equities like me, BABA looks like a good short here.
Looking to see a confirmation close down to indicate a reversal of direction.
SINA Corp ($SINA) Is A Strong Buy At This Price...Shares of Sina Corp ($SINA) are holding green today after President Trump announced a new round of tariffs on Chinese goods and the Chinese responded with tariffs of their own. Most would expect Chinese companies to drop sharply, but Sina Corp is not. This tells us that the stock is seeing little impact from the latest round of tariffs or the negativity of the tariffs have already been factored in. Examining Sina Corp closer, the stock chart is into major, epic support and likely near/at a bottom near-term. This tells us that the stock could likely bounce sharply higher in the coming weeks. Look for an upside move back towards $80 by year end.
Gareth Soloway
InTheMoneyStocks.com
YY: Good valuation and fundamentals, great chart setup$YY has a great chart here, paired with very interesting growth potential, and current valuation metrics.
We're long and averaging into a long term position as well.
Best of luck,
Ivan Labrie.
Intraday Setup on break of resistanceSOHU has broken out to highs on its daily with big momo and expanding volume. we are flagging out intrday for another run. its on the curl right now on 5/15minutes
