Analyzing the options chain and the chart patterns of BZUN Baozun prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $0.42.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to...
NASDAQ:BZUN touch the bottom and preparing for the short-term jump to the top line of the descending channel. It can take us more or lest than 50% in a month.
Does not constitute a recommendation.
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📱 Buy Baozun
Ticker: NASDAQ:BZUN
Buy by: 5$
Goals: $8.3; $11.5; $15.4.
Potential return per trade: up to 200%
Volume per trade: up to 1.5-2% of the portfolio
This deal should be taken for medium term.
The paper is quite volatile, so it makes no sense to put stops, we go in a small volume.
⚠️Risk level: high
Baozun is a young IT company that provides...
NASDAQ:BZUN
$BZUN presents desire of investors to slowly change a direction of the trend. Looks like a symptom for the future turnaround.
I see two possible scenarios, but scenario for the further falling is trill staying available.
$BZIN::$5.6->$12->$17 in 6 months.
NASDAQ:BZUN
I see BZUN testing the bottom of a descending triangle for the third time on the Weekly.
Today's price is just below the blue YTD VWAP with the purple 50 Week MA acting as support.
I also have a Hyperwave Phase 2 line in this area as well.
I also see the beginning of Wave C of an ABC correction which my measured move estimate takes us to a minimum...
BZUN :
Chinese stocks have been beaten down badly. Is this the opportunity of a lifetime to buy them cheap? I don't know.
Tell me what you think.
I like the chart and it looks like we could have a substantial bounce here. I'm buying some January calls.
All resistances mentioned on the chart are potential targets. Let's regain the 50 MA and see.
NIO and ...
Have a look at the longer term BZUN chart - it's getting close to the IPO range. This wedge is still very close to the bottom. Expect this to behave much like other China names but with a value style factor. The media will determine the momentum. I expect Chinese names to chop violently indefinitely which justifies slowly buying into weakness.
Notice the timing...
In my opinion we can see the new lower high according to the descending channel and getting back from the support zone.
My Target 1 is around 35$.
It is not financial advice do your research please before processing.
Happy trading all!
Baozun Is In The Buy Zone
Chinese equities continue trading at a discount to their all-time highs, despite the market breaking new records by the day.
Baozun posted robust Q1 results, yet shares remain depressed.
seekingalpha.com
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Baozun authorizes $125M share repurchase program
seekingalpha.com
Baozun Announces US$125 million Share Repurchase Program!!!
BZUN: Baozun Inc.
2021-05-18 06:46:10
Baozun Announces US$125 million Share Repurchase Program
double bottom seems to have been established.
But thing are not always what they seem I guess.
A double or triple bottom can show a price that bulls refuse to go under, and the bears see this level. Short interst drops dramatically as a rule.
No recommendation.
A Notoriously volatile stock (o: Possible stop below 33.5
BZUN is setting up nicely for a buy. I already bought call options for Jan 22. I think this will move back up to a new All time High. Fib below at 35.75 will probably sell half at breakeven and ride the rest to $50 or possibly even 100.
As we can see on the daily chart, there is a breakout from the triangle pattern so I am waiting for the price to reach around 31.15 to bounce back to 64.12. However, as ecommerce industry is getting more popular and online purchases have rocketed these years, I expect BZUN to go even higher in few years!
