Here's how to play the high-flying stock after its earnings beat.
China-based Alibaba reports quarterly performance Thursday morning. While one might think that an e-commerce type operation could do well in a quarantined environment, it's not quite that easy.
Perhaps even more impressive than their revenue beat might the 10% growth in net income.
Hold existing longs and raise stops to at least your entry point.
Let's review the charts and indicators of SHOP.
If I wanted to make a trade here, it would be playing the downside with a bearish put spread.
Shares of the food delivery company have rebounded in the last month but will need to contend with overhead chart resistance moving forward.
Let's review the charts to plot this leg higher.
Boeing's new estimate for the FAA's signing off on returning the 737 MAX to commercial skies has been pushed out until summer, June or July? Is that really that bad? Perhaps... this is a positive.
The charts and indicators of the online personalized apparel retailer look constructive enough to approach the stock from the long side.