Category Archives for "Stock Review"

Weibo

Weibo Got Annihilated

Weibo is a Chinese social media stock that trades in the U.S. under the ticker (WB). It reported earnings today that beat the profit and revenue expectations but the stock dropped 16% on 9.3 million shares.

But it wasn’t the only one. SINA (SINA) also reported earnings that beat and it dropped 13.4%.  SINA is a an online media company and part owner of Weibo.  Momo (MOMO) is an online dating company in China and it got hit for 4.5% today. Continue reading

Tesla Model 3

Is the Model 3 Pushing Tesla to 400 and Beyond?

Tesla (TSLA) has been acting like a rocket ship lately up about $88 a share (49%) in just the last 2 months.  It is rapidly gearing up for production of the Model 3 which will be its lowest priced model available.

In the video below I analyze the weekly and daily charts of TSLA to see where in the Elliott Wave cycle TSLA currently sits.  My assessment may or may not surprise you. Continue reading

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