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VoSI VooDoo(TM) Report - Addendum, August 23, 2018

The VoSI VooDoo Report
Offbeat Ideas and Commentary from the Depths of Gil's Trading Notes

Correction on that U&R trigger price for Huya (HUYA) - that would be the 27.05 low of June 5th, not 27.50 as previously reported. As an additional aside, keep an eye on Facebook (FB) as it drifts down towards its prior lows below 170 as this could trigger a possible U&R at the prior low of 166.56 or a Wyckoffian Retest here just above 170 as it retests that prior low with volume drying up over the past several days. Note also that Netflix (NFLX) has now undercut and rallied back above three lows in the pattern: the 322.43 low May 15th, which we suggested watching for in this past weekend's Focus List Review, the 328 July 31st low, and yesterday the 344 low of its post-earnings gap-down day on July 17th.

This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
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