Facebook taking a beating on all this trade news. Facebook doesn't operate in China do they? I am assuming it's just because the market is dragging but seems like a buy here doesn't it?
Depends on where you're at in China. It's blocked in some provinces, but not all. It works in Hong Kong and it worked for me in Shanghai and I was in Shanghai back in October I think.Aggiesincebirth said:
Facebook taking a beating on all this trade news. Facebook doesn't operate in China do they? I am assuming it's just because the market is dragging but seems like a buy here doesn't it?
OA1, how we feeling about this play now?oldarmy1 said:
SONO red/green pattern interrupted by market actions. A buy under $11
Can you explain this? I apologize. I know people have before and have posted flag charts. I am still working on my charting.oldarmy1 said:
Still a flag pattern on FB
For option I'd go out at least 30 days.Rice and Fries said:OA1, how we feeling about this play now?oldarmy1 said:
SONO red/green pattern interrupted by market actions. A buy under $11
Means it has support which keeps it in a range. Markets surge and likely to break out. Note the previous one coming off a big move up was REALLY LONG. Some can be short and pop - others like that. So what you do if you have shares like I do sell covered calls on the huge long candle upward by no later than Day 2. Then you sit and wait. If it expires and you collect premium you do it again on any up day closer to upper flag boundary.Aggiesincebirth said:Can you explain this? I apologize. I know people have before and have posted flag charts. I am still working on my charting.oldarmy1 said:
Still a flag pattern on FB
Thank you!
h pattern didn't fully complete before another bounce. That is you que that some large bulls are buying right down here.oldarmy1 said:For option I'd go out at least 30 days.Rice and Fries said:OA1, how we feeling about this play now?oldarmy1 said:
SONO red/green pattern interrupted by market actions. A buy under $11
h pattern off that little jump forming. Again - if no China deal then everything will go on sale lower.
oldarmy1 said:h pattern didn't fully complete before another bounce. That is you que that some large bulls are buying right down here.oldarmy1 said:For option I'd go out at least 30 days.Rice and Fries said:OA1, how we feeling about this play now?oldarmy1 said:
SONO red/green pattern interrupted by market actions. A buy under $11
h pattern off that little jump forming. Again - if no China deal then everything will go on sale lower.
As long as soy prices stay in the tank, it is really going to prop up poultry and swine markets. Decreased feed costs stretches a long way across the operating costs since most of the other costs are fixed.leoj said:
Tyson was a great long term buy a few months ago at the 52 week lows, as was Hormel a year-ish ago around $33. Not like people are ever going to stop eating protein and both companies are well managed and innovative.
https://finance.yahoo.com/news/5-companies-might-suffer-trade-155103795.htmlmavsfan4ever said:
What's going on with JD? Why the big dropoff two days in a row? Trump news or does earnings have somehting to do with it?
I'm planning on keeping it as a long term play, but wouldve been nice to sell when it was above $30 and then buy back in now.
I thought the same thing at 11:05...Rice and Fries said:
Possible bottom V forming on the SPY daily.
rgag12 said:
I really hope tomorrow the market has another day like today. Always like a good fire sale.
With momentum overrun to 2800 areaPrognightmare said:rgag12 said:
I really hope tomorrow the market has another day like today. Always like a good fire sale.
Ideal situation would be a flash down open and fill that 2836 gap. That capitulation would be healthy. It won't be a fun ride but just weather the storm. JMO
His people need good entry pointsmonarch said:
All because of one or two tweets...Beginning to really wish that DJT would just STFU...