Weibo Corp. Sponsored ADR Class A
Long
Aggiornato

WB - Trading in a range - Keep an eye

317
WB is trading between support and resistance areas $103.5 and $108.5. If it breaks the resistance then don't be surprised to see $115 and then $120. Momentum is a bit slow for now and projects $118 by end of the month but that could change once it breaks the resistance.
If it breaks down target could be $99 and then $95.
Disclaimer: This is just my opinion, not an advice. Trade at your own risk.
Nota
looks like gaining strength to break above resistance
istantanea
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Under pressure due to trade war concerns. Look for support and resistance...
istantanea
Nota
Broke the downtrend line and right on another support zone. Let's see how it moves...
istantanea

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