3 replies to this topic

[kd44]

8/7/13
9:45EST
YOKU:
A little bit complicated right now, the potential blow off top (27.50 to 36.66) is now on a make or break situation
Chart; the blue line is the patterns lower floating wall (60m) currently at 24.87; a break-down from here we lose the potential blow top and 25.11 is the patterns OAV (bullish or bearish barometer)
It has to take out 21.75 in order to become neutral tilted bullish or in other words the buy signal stays intact
It must drop down to 23.55 in order to reduce the awesome bullishness we have witnessed over the last week or so, and I don’t see it even reaching 24.01 today in fact 24.50/24.57 is the nearest support pivot
Only in the event it takes out the floating lower wall do I revise my blow top call although it must reach the support pivot at 24.50/57
Also below the OAV at 25.11 warrants caution to the bulls that the buy (now term – today) signal has been canceled and is a now term short.
Taking out the support pivot cancels any buys
60m timer

[kd44]

10:04EST
YOKU:
24.01 is a buy level
stop loss below 23.55

[kd44]

11:21EST
Not reach 23.55 is bullish (2780/28.30)
currently 24.00 is today's key pivot
IMO the move up

[kd44]

8/7/13
YOKU:
1:49EST
Hard to stay away when from this puppy….
None the less it looks like they put in a floor at 23.92 to 24.05
I believe earnings are tomorrow; no idea what time??
Set your profit Earnings spike up targets at 27.77 (half) and 36.66 for the other; Stop loss marginal below 21.75 for the original bunch of buyers
when I first put out the bullish update on YOKU it was at 18.66;
10 days ago or less.
Not too many of those go around your way; wow what a superstar stock.
JPM is moving this stock (Grapevine)