After the Chinese Government banned the ICO, trading volume surged and there are some major pullbacks after BTC has reached the historical high of 4921.7 First support level = 3800, if it does reaches to that level which I think it's highly possible wait for the rebound and surge in volume and Long.
This stock refuses to correct even to the 10 day MA strong buying power from the mainlanders perhaps Market leader in China with the billion $ market with its friend circle feature and almost everyone in china depends on it Bull call + short Put or bull put if you only do spreads short put whenever it correct
I just want to caption this before it goes all bust again ~ I am not sure when it's going to be, how much the correction is going to be. All i know is it's going to happen like it or not. Before that, enjoy the rocket ride whomever had Long BTC
HSI is trading at a rather narrow range for the past 2 weeks. It will be trading in a narrow range again this week before May 29th settlement. No trades taken place as of yet until clearer direction can be spotted.
HSI will be trending through B correction line. It will follow the major US sell off from yesterday. Current holding position 24000/23800 Bear put Next support level should be 24800, 24300. Depending on the magnitude, Bull put can actually be implemented if the market is oversold
GBP/USD in a positive uptrend. Long FXB
AAC Tech has just been halted from trading by HKEX. Avoid this stock at all cost! LC has been closed.
it seems there are only a couple of minor corrections starting in Jan. Super strong momentum even though HSI corrects. It's an opportunity to LONG whenever it corrects. Can you leap call/a simple calendar spread call to trade 700. Or long the stock.
NVDA surged an impressive 25% over the past week. Even though the momentum is strong there will be some profit taking in place. The short strategy that I will adapt this time is bear call spreads, expiry in may 26, or Jun 2 17 SC - 135 LC - 140 Net credit = 0.45 per contract
From the graph and because of the intensifying geopolitical tensions in north korea and the failure of the US president to get the situation under control. ( probably his own situation isnt any better with Comey's fiasco) The dow and s&P have experienced the worse sell off since March. People are rushing to gold. From the graph with the trendline it broke...
285's momentum is so strong that it cant be shorted, only if the trend turns negative. Better wait for the first retracement before Long.
HSI is looking for its near term top as it has been rising for the past 5 days consecutively. RSI looks overbought, MACD still looks bullish but I am speculating that it can't close above 25600. Bear call: SC 25600 LC 25800 receives 44 bps , one contract.
REcently Gotham research has criticize AAC Tech (2018.HK) that it inflates its earnings by using numerous of its subsidiaries. However, there are no hard proof evidence that they have done so. i will adapt a Jun expiry Long Call strategy, Strike price 100/102.5