WB/N trade ideas
Weibo ADR Trend Cloud Study. 3 Year View Study.Weibo Corporation is a Chinese ADR in Advertising that has been severely punished.
The Macro reasons are unknown by me at this Point.
Most Chinese ADR's are undervalued at Present, so the future Potential is looking good, should the Government start to Stimulate their Economy.
As the Chart will show, the best GAINs are made by staying LONG provided ....... many Reasons?
Remains Speculative and only for longer Term Risk On Type Investors.
A Reversal of the Trend has not been seen Yet.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
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Regards Graham.
$WB - idea for a long-term investors
NASDAQ:WB drawing a double bottom figure.
Looks like and this is my prediction, that it will start 2-years growing tour from 18 to 89.
Potential is very high, but looking at the turning trend for the most of Chineese huge companies, I assume, Weibo Corp will hold this trend and stay closest to it.
NASDAQ:WB ::17.75->51::+187%::1year (Mar-Apr 2024)
NASDAQ:WB ::17.75->89::+400%::2years (mid of 2025)
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
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Weibo USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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Weibo Announces Q3 2021 Financial ReportThe leading social media in China, Weibo (NASDAQ: WB), released its unaudited financial results for the third quarter of 2021.
According to the Q3 performance report for 2021:
- The revenue totaled USD 607 million (CNY 3,882 million), increasing 30% year-on-year. As of September 30, 2021, the total cash, cash equivalents and short-term investments amounted to USD 2.71 billion (CNY 17.333 billion).
- The operating profit was USD 213 million (CNY 1,477 million), showing an upward trend of 32%, while the net profit was USD 182 million (CNY 1,164 million), growing 438% from the same period last year.
- The advertising and marketing revenue increased by 29% to USD 538 million (CNY 3,441 million), which was mainly due to stronger demand for advertising from key industries.
- Revenue from value-added services was USD 69.8 million (CNY 446 million yuan), up 42% year-on-year.
- The revenue cost was USD 394 million (CNY 2.520 billion), which was mainly related to increased staff-related costs and marketing expenses. Specifically, revenue costs, marketing costs, product development and administrative expenses were USD 103 million (CNY 659 million), USD 141 million (CNY 902 million), USD 119 million (CNY 761 million) and USD 31.75 million (CNY 238 million), respectively.
- As of September 2021, Weibo has 573 million monthly active users, and 94% of them are mobile users. In September 2021, the average daily active number of Weibo users reached 248 million. Affected by events such as the Olympics, its user base and traffic re-peaked in July and August after the outbreak since March 2020, reaching 302 million once.
WEIBO Potential Gain of > 270%. 22/Oct/21WEIBO have potential to grow its stock price above > 270% for targeting profit toward wave (3)(Cyan/Light Blue) at around 160.. WEIBO Price could done its retracement at around 43.20 which is 1) The Parallel Channel Lower Line Support 2)Next Major Demand Zone 3) The End Of Expanding Flat Pattern ABC (Yellow)...
#WB Target $64 -73 @ 32% -50%New Target : USD 64.70 - 73.00
Resistance 2 : USD 58.32
Resistance 1 : USD 54.60
Support 1 : USD 46.23
Support 2 : USD 44.00
Sector: Technology Services
Industry: Internet Software/Services
Weibo Corp. engages in the creation, distribution, and discovery of Chinese-language content. It operates through the Advertising and Marketing Services, and Other Services segments. Its products and services include Self-Expression, such as Feed, Individual page, and Enterprise page; Social Products, such as Follow, Repost, Comment, Favorite, like, Mention, Messenger, and Group Chat; Discovery Products, such as Information Feed, Search, Object Page, Trends, and Discovery Channel; Notifications; Weibo Games; VIP Membership; and Weibo Apps. The company was founded in August 2009 and is headquartered in Beijing, China.
**Disclaimer - This is not a financial advice, please trade with caution and on your own risk. This prediction Based on My Dreams.
Do not view this idea as a recommendation for trading or investing. Risk Only What You Can Afford. Always Use a Stop Loss. Past performance is not necessarily a guide to future performance.
I would appreciate your feedback on my analysis.
Is the Chinese Government being too nosey ? what do you think ?
read article here
It depends on whose side you are standing for . If you are the operators with millions of followers, much like the tech companies, you wouldn't be happy but little you can do as this is a country wide sweep on tightening the loose ends that has been running on for years.
From the followers perspective, it can be either good or bad. I used to follow some of this in Weibo but find the noise is way too loud and the messages are coming in every other minutes. It is both disruptive and cloud my judgement. I have since cancelled all of them.......
Also , take some time to study this chart as it reveals many things that have to be interpreted collectively instead of just relying on one aspect, breakout of trend lines.
Hope this is helpful....
WB: Breakout Confirmed, 22.89% Potential Profit!Description: WB is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $49.2 - $51.6
2. Take profit: $62.27
3. Stop Loss: $48.2
4. Risk To Reward: 1 / 5
5. Accuracy Rating: 95%
WEIBO: 4h timeframe long possibilityHi Traders,
This is my view on this stock for the next few days.
#WEIBO
BUY 44.70
SL 39.1
TP 61.5
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen