Get started

KWEB

BABA Clear this one going back up very soon. Don't Miss Out IMOThis one filled the gap at $216.50 on Thursday last week. This is the gift that AMZN never gave us to get back in. If you're a seller or short seller here then I just can't talk sense with you. This thing is about to increase it's revenue growth a ridiculous amount with the new cloud storage business they are ramping up. The news cycle will inevitably change and die down and then they will start to ramp it up again. The ability to get this down here is a last chance type of deal in my opinion. Happy hunting. (I'm long with shares and calls) Not trading advice.
NYSE:BABALong
by StockPickingEnthusiast
3
Stocks To Watch This Week Nov 14I went through and created a watchlist for names that have held up well in this choppy environment. Most of these names are at or near all time highs or multi year highs. There are 40 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some financial stocks which may be starting to outperform the broader market. Know your time frame and risk tolerance, grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
SP:SPXLong
by Jtacher51
11
LONG TKAT @ $.6954 for Chinese Internet (KWEB) UpsideTechnical Analysis: 1. KWEB (Chinese Internet ETF): Expect a relief bounce here for Chinese Internet stocks ( BABA BIDU JD ) with a Hong Kong ( HKDOW ) & Shanghai ( DJSH ) market rally. a. Holding 200weekSMA and 50monthSMA support here at $44 with record volume twitter.com b. Very oversold on weekly timeframe c. Strong price support at $41.00 d. 4/24/18 gap filled at $43.53 e. Possible reversion to mean: 2018 Chinese Internet % Total Returns (negative) very divergent from US Internet % Total Returns (positive) 2. TKAT (Takung Art Co) showing strong correlation with KWEB with more volatility, conveying a higher beta to Chinese markets. This will result in exceeding KWEB’s % gains on upside price movement. a. Potential price double bottom $.63-$.68 b. Extremely oversold on weekly/monthly timeframes c. Daily RSI uptrend from 29 (8/9/18) to 34 (10/11/18) d. Large accumulation volume on 10/2 and 10/12 e. Testing 10dayEMA @ $.75 Fundamental Analysis: TKAT - Takung Art Company: 1. Takung Art Company fundamentals convey undervaluation and thus provides great risk/reward for China Internet/Software market rally a. Price to Book = .49 b. Price to Sales = .61 c. Net Current Asset Value = 1.24 d. Cash to Debt = 1.43 – Strong cash position to outlast market downturn e. Poor 2018Q2 and 2018Q3 earnings coupled with an overall bearish Chinese investor sentiment already priced into stock price f. Company is expected to resume Listing Revenue (primary revenue stream) end of October – temporarily loss of revenue could be short-lived g. Company plans to reduce G&A expenses by 10% in 2018Q3
TLong
by CashFlo_Trading
1