My favorite set-ups that I’ve been watching today are Chinese Internet stocks.
There is a common technical set-up across all charts, which signals an explosive move on the horizon.
I’m considering a couple longs here into the close. These set-ups are easy to manage here.
JP Morgan is positive on this group (SFUN, QIHU). I’m watching for derivative strength.
OA
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OA, what do you think of LNKD. I am thinking short term one week max. Seems like it has no overhead resistance at this point and doesn’t have overbought conditions either. Could be a recipe for going higher?
I think so.
You know what’s funny. Your highlighted stock BIDU seems to follow the same reasoning as LNKD. 🙂
OA – u think LITB can rise from its ashes around here?
Any chance you will start an email notification feature that tells us when/what you buy? Kinda like what Fly has as part of his PPT service?
I already have one of those. Going strong since 08.
Nice YGE win
True dat. I booked my YGE profits today and used them to buy BIDU, YOKU. Fun playing with you, OA.
Likewise. Thanks for all the contributions.