Bullish on BAND CPaaS

Bandwidth Inc., is gaining more users, and is a highly satisfying product for companies to use.

Trades at 52.05, at a market cap of 980M, there’s ton of room to grow.  Buying all the dips as this stock marches to 80 and tops off around 120.

 

 

Short SFIX

sfix-GREED

 

As mentioned before, the market is in clear “melt up territory.”  And this presents us with some great shorts.  StichFix (SFIX), has had unusual bidding behavior, probably from a combination of short covering and market makers bidding it up for no reason.  Anyway, this stock will trade in the 27.50 ~32.50 region soon, so an entry on this triple green bar is solid.  There’s a 10% upside and 40% downside at this price… SFIX has entered greedy territory and gonna snatch some of that premium back from the dreamers.

 

Short 43.

BABA the leader

9-1-2018Baba-life

 

To which direction?  170 is a massive and important line.  I held shorts in $BABA north of 200, covered under 180.  Played the usual bounce through $TCHEY, $MOMO.  Very important 10 point channel here between 170-180.  There could be a rebound, but getting to 200 would mean some serious news or new money, which is hard to grab here.  Short here or above 180, or any other related Chinese stocks with a stop at 190.

BABA has been riding the AMZN wave, so it’s more properly priced around 140.