The VoSI VooDoo Report
Offbeat Ideas and Commentary from the Depths of Gil's Trading Notes
Alibaba (BABA) is gapping up this morning after earnings, and will present a potentally actionable bottom-fishing buyable gap-up (BFBGU), a typical Ugly Duckling buy set-up. Also keep an eye on the other Chinese names, such as HUYA, IQ, SOGO, etc., many of which are in position for U&R type moves as they come up through prior lows. As an example, HUYA is rallying above the prior 27.50 low of early July this morning in pre-open trade.
VoSI VooDoo(TM) Report - Pre-Open Action for August 23, 2018
|Published:||23 Aug 2018 08:21 ET|
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