Friday, August 18, 2017

SNAP- Snapchat- Is it good time to buy?

SNAP- Snapchat- Is it good time to buy?
I don't follow SNAP but somehow I stumbled upon the chart. It seems to offer pretty good risk-reward situation.
1) There was a strong U Turn signal few days ago. The stock turned around on heavy volume. 
2) Now the stock is facing a resistance/selling pressure around $14. 
The plan is to ride it WHEN it breaks above 14 with a stoploss of $1.



SNAP Chart
SNAP Time to buy

Wednesday, July 12, 2017

Ford F - Stock seems relatively risk free to invest

Overall market is blooming/booming but on Ford Motors stock.
If you look carefully, there is a pretty rounding bottom formation. I think it is a great candidate from investment perspective.
Buy at current level around $11.50 with stop loss at just below 52 week low  $10.74. (Chart: courtesy of http://tradingview.com


Tuesday, June 27, 2017

$AMZN #AMZN Amazon- I have not seen this clear profit taking in Amazon.com stock ever

$AMZN #AMZN Amazon- I have not seen this clear profit taking in Amazon.com stock ever. The stock touched $1000 plus but since then, over last one week, I constantly keep seeing the profit-taking by some circles.
Investors be careful. No stock in the world is good stock for ever. A stock is good as long as it is priced right. I think Amazon is not. I see many smart investors are dumping the stock of Amazon.com.
If you have courage, it is time to buy some put options or short the stock with a $50 risk.